Slang Worldwide: Leading the Way in Cannabis Consumer Packaged Goods
Slang Worldwide Inc (OTCMKTS: SLGWF) (CNSX: SLNG) have been quietly going about their business, while lots of cannabis companies have struggled this past year. The Slang stock price is currently up 300% in the last 1-year period.
Slang is most-easily described as a cannabis-focused consumer packaged goods (CPG) and branding company, while CEO Chris Driessen refers to them as a “non-traditional” MSO. The company has a multifaceted approach that has enabled its recent success.
Slang is a multi-state (currently in sixteen different markets), multi-brand, multi-channel, multi-product, and multi-segmented with two main business pillars:
Emerging markets – Slang develops strategic partnerships with companies like Trulieve Cannabis Corp (OTCMKTS: TCNNF) (CNSX: TRUL) and then works with them to bring their products to market.
Within Slang’s core markets (Colorado and Oregon), they do all those things themselves – the company is vertically integrated through wholesale and has a thriving CBD e-commerce channel.
Watch the whole interview to see all Slang Worldwide’s latest developments and what shareholders should expect from them in 2021.
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