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SLANG Worldwide (CNSX:SLNG) CEO on Co-Packing Facility Jointly Owned with Canopy Growth (TSE:WEED)
SLANG Worldwide (CNSX:SLNG) (OTCMKTS:SLGWF) (FRA:84S) CEO Peter Miller is thrilled with the recent performance of the company’s stock. SLANG’s stock rose almost 50 percent in the first week in April. Miller credits recent M&A activity in the space as validating brand and distribution players like SLANG. Miller shares details of the company’s recent partnership with Trulieve Cannabis Corp (CNSX:TRUL) (OTCMKTS:TCNNF), a major player in the Florida market. The Trulieve partnership leverages SLANG’s operational experience and manufacturing success to gain access to an important market in an affordable way. Miller discusses the robust margins investment bank Clarus Securities forecasts for SLANG. Miller highlights SLANG’s joint ownership of a Canadian licensed producer, Agripharm, with industry leader Canopy Growth Corp (TSE:WEED) (NYSE:CGC) (FRA:11L1). The facility will be used for co-packing and manufacturing of SLANG’s brands for the Canadian market. The segment wraps with a discussion of SLANG’s online sales strategy and plans.