SLANG Worldwide is a buy, says Paradigm Capital N
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Nick Waddell
Home / Cannabis
Analyst Corey Hammill of Paradigm Capital initiated coverage of cannabis CPG company SLANG Worldwide (SLANG Worldwide Stock Quote, Chart CSE:SLNG) on Wednesday with a “Buy” rating, saying that with its a scalable, low-risk business model SLANG is poised for exponential growth in the barely-out-of-the-gate cannabis derivate products market.
SLANG, which has a number of brands in the cannabis space including several in the top ten such as the O.Pen Vape brand, distributes its products through a variety of partners from Mom n’ Pop stores to larger multi-state operators in the US. The company has material operation in 12 states as well as in Canada and Puerto Rico, amassing more than $250 million in retail sales to date, according to Hammill.
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