SLANG Worldwide (CSE:SLNG)
- Ticker 2:OTC:SLGWF
- CEO:Peter MIller
SLANG Worldwide (CSE:SLNG) Stock Price
SLANG Worldwide (CSE:SLNG) Company Overview
SLANG Worldwide Inc. (CSE: SLNG) is a leading global cannabis consumer packaged goods company whose product is distributed to over 2,600 stores in 12 US states and has a total of 94 SKU's on the market. The Company plans to have products stocked in stores across 20 U.S. States by the end of the year.
Slang is best known for their ancillary cannabis products such as their Firefly Vaporiser range, and generates revenue primarily through licensing fees and selling their cannabis concentrates, hardware and packaging.
Slang products generated $187 million in retail sales through 2018 and the company expects to continue growing through their extensive portfolio of brands and acquisitions. An example of such acquisitions is Organa Brands — the maker of the O.penVAPE — which SLANG acquired in 2018. The O.penVAPE is reportedly the highest-selling cannabis product in Colorado.
The founder of Slang, Levy Miller has stated that his goal is to "get as much product on as many shelves as possible." Could they be the next Coca-Cola of cannabis? Only time will tell.
- Address:Suite 400 Toronto-Dominion Centre, 77 King Street West, Toronto, ON M5K 0A1, Canada
SLANG Worldwide (CSE:SLNG) Financials
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Prior to joining the cannabis industry, Miller worked in corporate development at Esri Canada. He and Billy Levy also co-founded Mettrum Health Corp—a leading Canadian licensed cannabis producer—before it was subsequently acquired by Canopy Growth.
Ehler is also on the board of Ferrox Holdings and Lions' Lair Property Ventures. In his past career he occupied the position of Director at Mukuba Resources, Chief Financial Officer of Mukuba Resources, Chief Financial Officer of BF Minerals. and Auditor of PricewaterhouseCoopers Canada.
He received an undergraduate degree from the University of Ottawa.
Co-Founder & Executive Vice President
Previously, he served as Chief Technology Officer of Organa Brands and President of Organa Labs, and has 25 years experience in large-scale agriculture and crop science, as well as 20 years of cannabis research experience.
McElvany holds a Bachelor of Science in Agricultural Economics from Texas A&M.