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Toronto, Ontario--(Newsfile Corp. - June 25, 2020) - SLANG Worldwide Inc. (CNSX: SLNG) (FSE: 84S) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced the launch of Cookies-branded flower products in Oregon. Pre-packaged flower is now available in Gary Payton, Gelatti and other consumer favorites from the Cookies genetic library, including some of the most sought-after strains in cannabis. As first announced on February 13, 2020, SLANG has an exclusive agreement to distribute Cookies products in Oregon through its statewide distribution channels. Read More On News File Corp

The coronavirus crisis has caused dramatic shifts in how and when consumers spend their money, specifically with regard to consumer products—and cannabis is no different. Most states allowed cannabis dispensaries to remain open during lockdown, saving the nascent industry from the same fate as the rest of brick-and-mortar retail. But even though cannabis was deemed an essential industry, consumer habits changed nonetheless. Read More On Yahoo Finance

SLANG Worldwide (CSE: SLNG) announced their second-quarter financials yesterday, with revenue coming in at $4.6 million, basically flat quarter over quarter, and their Pro-forma revenues were $10.1 million. Slang also had an adjusted EBITDA loss of $1.8 million, with gross margins of $2.8 million or 62%. Only three analysts cover SLANG, and all three analysts have buy ratings on the stock. M Partners has the highest 12-month price target of C$0.5,0 or a 285% upside, while Clarus Securities has a C$0.45 price target, and Canaccord has the lowest of all three with a C$0.40 target. The mean price target equals out to being C$0.45, or a 246% upside on the stock. Read More On The Deep Dive

SLANG Worldwide Inc. (OTCQB: SLGWF) is buying Colorado-licensed cannabis cultivator Pleasant Valley Ranch, LLC as the company makes another move to own its supply chain. Pleasant Valley has been a key supplier of raw materials for SLANG-branded concentrate and edibles products in Colorado. By buying the supplier, Slang can assure itself of having the raw materials it needs at a lower cost, which will improve the gross margins. Read More On Green Market Report

A question that every consumer products company asks themselves eventually. You’ve got to be unique without being obscure. Available to current customers, but also easy to find for new ones. Have a reputation for trustworthiness and reliability when it comes to things like quality, price, and distribution. And when it comes to cannabis, you’ve got to do all of that while also contending with the fact that every state is its own market, with its own unique rules and characteristics. That particular wrinkle can make branding an especially big challenge for cannabis companies. Some have opted to focus on a specific state or product category. Others, like SLANG Worldwide Inc. (OTC:SLGWF) have gone the other route, creating a diversified portfolio of six brands across different product segments. In late-July the company announced its expansion into Oklahoma, making it the 12th state in which SLANG brands are available. Read More On Benzinga