|Bid||1.4700 x 0|
|Ask||1.4900 x 0|
|Day's Range||1.4500 - 1.6100|
|52 Week Range||1.2300 - 2.9000|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Expansion of Cultivation Facilities: Newly constructed open-air greenhouses completed and fully operational, increasing initial production capacity by approximately 40% to 150,000 sq.ft. Upgrade to facility infrastructure, including irrigation and electrical systems, water reservoirs and propagation facility also completed. Extraction: Customized extraction line with capacity to process up to 75,000 kg/year of dried flower currently undergoing specializations and customization to meet EU-GMP standards. Strategic Partnerships: Announced several strategic partnerships including (i) an agreement with SLANG Worldwide (CSE:SLNG) (“Slang”) announced on July 11, 2019 to license their extensive portfolio of CPG (Consumer Packaged Goods) products and leverage Slang’s industry leading know-how and intellectual property to process and formulate cannabis products in Colombia and Argentina, (ii) a distribution agreement announced on February 14, 2019 with El Manantial, a local medical center network and (iii) a European distribution agreement announced on June 5, 2019.
TORONTO, July 3, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company, is pleased to announce the outcome of the accelerated expiry of its warrants issued on July 23, 2018 and originally expiring on July 21, 2020 (the "Warrants"). Since the announcement of the accelerated expiry of the Warrants on May 24, 2019, 8,841,319 Warrants were exercised prior to the accelerated expiration date of June 28, 2019 and the Company received aggregate proceeds of approximately C$10.2 million in connection therewith. Overall, nearly 13.2 million Warrants were exercised, representing 98% of the total Warrants originally issued.
TORONTO, June 26, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a robust portfolio of renowned brands, has announced a new strategic partnership with licensed processor Elite Cultivation LLC ("Elite") to offer its branded cannabis products to patients throughout the State of Oklahoma. Pursuant to the partnership, Elite has been granted a license in Oklahoma to produce and distribute the SLANG product suite in Oklahoma, including its category-leading products O.penVAPE, Pressies, District Edibles, Bakked, and Magic Buzz. SLANG will receive royalty payments for each branded product sold in the state.
TORONTO, June 11, 2019 -- Blueberries Medical Corp. (CSE: BBM) (OTCQB: BBRRF) (FRA: 1OA) ("Blueberries"), a leading Latin American licensed producer of medicinal cannabis and.
Over $32 million of gross retail sales generated by SLANG's portfolio of brands Over 1 million branded units sold Full quarter net operating revenue of $5 million Full year guidance of $130 - $160 million ...
TORONTO , May 28, 2019 /CNW/ - SLANG Worldwide Inc. ( CNSX: SLNG ), (Frankfurt : 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a robust ...
TORONTO, May 24, 2019 /CNW/ - SLANG Worldwide Inc. (the "Company") (CSE:SLNG.CN - News), (Frankfurt: 84S), announced today that it has elected to exercise its right under the warrant indenture (the "Warrant Indenture") governing the common share purchase warrants of the Company issued on July 23, 2018 (the "Warrants") to accelerate the expiry date of the Warrants. Pursuant to the terms of the Warrant Indenture, the Company may accelerate the expiry date of the Warrants if, at any time prior to July 21, 2020, the closing trading price of the common shares of the Company (the "Common Shares") on the Canadian Securities Exchange (the "CSE") exceeds $1.75 for a period of at least 20 consecutive trading days. As of the close of markets on May 23, 2019, the closing trading price of the Common Shares on the CSE exceeded $1.75 per Common Share for more than 20 consecutive trading days.
TORONTO, May 21, 2019 /CNW/ - Canopy Rivers Inc. ("Canopy Rivers" or the "Company") (TSXV:RIV.V - News) (OTC:CNPOF - News) is pleased to share that its portfolio company, Agripharm Corp. ("Agripharm"), has received its outdoor cultivation license from Health Canada. "We are pleased to see Agripharm diversify its operations and increase its growing capacity with the grant of this outdoor cultivation licence," said Oliver Dufourmantelle, Chief Operating Officer of Canopy Rivers. Founded in 2013, Agripharm is home to both the first cannabis production facility built from the ground up and the first supercritical CO2 extraction lab in Canada.
CREEMORE, ON , May 21, 2019 /CNW/ - Agripharm Corp. ("Agripharm") is pleased to announce that it has secured an outdoor cultivation licence from Health Canada. Agripharm will be growing its first ...
TORONTO, May 14, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, is pleased to announced that it has entered into an agreement to acquire LBA Global Corporation ("LBA") and its Lunchbox Alchemy ("Lunchbox") brand portfolio and subsidiary Hydra Distribution ("Hydra"). The proposed transaction (the "Transaction") will bolster SLANG's position in the Pacific Northwest by adding a complementary portfolio of top-selling products in Oregon and California and robust supply chain and distribution capabilities.
TORONTO, May 2, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, is pleased to announce the establishment of its new wellness-focused business division, SLANG Health and Wellness. The new business unit will develop and market a portfolio of plant-based cannabidiol ("CBD") products that will be distributed in partnership with Greenlane Holdings, Inc. (NASDAQ:GNLN - News) ("Greenlane") through their extensive distribution network. "Consumers are increasingly interested in natural plant-based wellness products, and we've only scratched the surface of the opportunity within cannabinoid-supported wellness," said SLANG CEO Peter Miller.
TORONTO, April 16, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a global cannabis consumer packaged goods ("CPG") company, announced it has entered into an agreement to acquire Arbor Pacific, Inc. ("Arbor"). Upon completion, the proposed transaction (the "Transaction") will further bolster SLANG's brand portfolio through the acquisition of both the Avitas and Hellavated brands, as well as expand SLANG's distribution footprint into the Washington market.
TORONTO, April 12, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a global cannabis consumer packaged goods ("CPG") company, today announced that it has filed its financial results for the fiscal year ended December 31, 2018. The consolidated financial statements were prepared in accordance with International Financial Reporting Standards ("IFRS"). All figures are stated in Canadian dollars unless otherwise noted. SLANG Worldwide CEO Peter Miller said, "SLANG Worldwide's mission is to build a portfolio of leading cannabis consumer products and an extensive distribution network to sell our products.
PALM BEACH, Florida, April 11, 2019 /CNW/ -- This year 2019 will be the year of maturation and expansion for the cannabis industry. A recent article in Forbes echoed this optimism: "This new year bodes well for the cannabis industry. Momentum from several major developments in 2018, including the inclusion of industrial hemp in the new farm bill and Canada's nationwide legalization, will certainly continue to fuel innovation, policy and entrepreneurship… there's a lot of enthusiasm and a general expectation that the U.S. is moving toward an end of prohibition at the federal level. It continued: "This is the year when we're going to start to see a bifurcation between companies that are solid and those that aren't.
Chemistree Technology Inc. (CSE:CHM) (OTCQB: CHMJF), an investment company dedicated to the US cannabis sector endeavoring to provide turn-key solutions for the regulated cannabis industry, recently announced the addition of Nicholas J. Zitelli, a.k.a. Mr. Zitelli is a well-known cannabis industry leader.
The Company is presently pursuing a number of acquisition transactions, which transactions are at various stages of development. Any such transaction will be fully disclosed if and at such time as it becomes material information regarding the Company.
TORONTO, March 28, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a leading cannabis consumer packaged goods company, is pleased to announce that co-founders Peter Miller and Billy Levy have been honored as High Times 100 Most Influential People in Cannabis for 2019 for their leadership in the cannabis industry. In 2012, SLANG Worldwide co-founders Peter Miller (CEO) and Billy Levy (President) co-founded Mettrum Health Corp, a leading Canadian licensed producer that was acquired by Canopy Growth in 2016.
TORONTO, March 25, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), (Frankfurt: 84S), ("SLANG" or the "Company"), a global cannabis consumer packaged goods company, is pleased to announce its plans to continue to broaden its shareholder base and further increase its engagement with its global community of investors. Accordingly, SLANG common shares are now trading on the Frankfurt Stock Exchange under the trading symbol 84S, and the Company has retained Vincic Advisors to provide comprehensive investor relations and strategic communications services. The Frankfurt Stock Exchange, operated by Deutsche Börse AG, is one of the world's largest trading centers for securities and the largest of the seven stock exchanges in Germany.
TORONTO, March 11, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG) ("SLANG" or the "Company"), a leading cannabis consumer packaged goods company, is pleased to announce the launch of its RESERVE product line in the California market. RESERVE further extends the O.penVAPE brand and complements SLANG's existing product line. Innovative formulations and market-leading prices are at the core of RESERVE, adding to an already robust product catalog.
Aurora Cannabis (NYSE: ACB) (TSX: ACB) issued an update on its investment in Choom Holdings (CSE: CHOO), a consumer cannabis company having one of the largest retail networks in Canada. "Choom has demonstrated a strong commitment to rapidly executing its strategic growth plans by developing a sophisticated retail channel across Western Canada while diversifying their […]The post Cannabis Stock News Daily Roundup March 7 appeared first on Market Exclusive.
TORONTO, Feb. 19, 2019 /CNW/ - SLANG Worldwide (CNSX: SLNG) ("SLANG"), a global cannabis consumer packaged goods company, and Trulieve Cannabis (OTC: TCNNF & CNSX: TRUL) ("Trulieve"), a Florida-based national cannabis company, are pleased to announce a new strategic partnership to offer cannabis patients in Florida access to leading cannabis brands in Trulieve's dispensaries across the state. Pursuant to the partnership, Trulieve has an exclusive license to SLANG's extensive portfolio through its U.S. subsidiary, National Concessions Group, Inc. (doing business as Organa Brands). "Great partnerships and collaboration are foundational to SLANG's culture, scalability, and growth strategy," said SLANG's CEO Peter Miller.
In fact, analysts at Cowen say U.S. cannabis sales alone could reach $80 billion by 2030 - an increase of $5 billion from earlier estimates, and a 4% compound annual growth rate. Piper Jaffray believes the market for legal cannabis could be worth $15 billion to $50 billion a year, with global sales growing to $250 billion to $500 billion. Corporate America is quickly waking up to the opportunity with alcohol companies taking a stake in cannabis stocks.