Market Herald logo

Subscribe

Be the first with the news that moves the market
  • SLANG Worldwide (SLNG) has closed its acquisition of NS Holdings
  • NSH is the parent company of GNT Oregon, LLC
  • GNT operates a licensed CO2 extraction and manufacturing facility in Portland, Oregon
  • SLANG issued common shares as consideration for the NSH acquisition
  • SLANG is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands
  • SLANG Worldwide Inc. (SLNG) opened trading at C$0.235 per share

SLANG Worldwide (SLNG) has closed its acquisition of NS Holdings, a manufacturing business based in Oregon.

The NSH Acquisition supports SLANG’s growth strategy focused on tapering its core markets, reducing non-profitable operations and achieving greater operating efficiencies.

NSH is the parent company of GNT Oregon, LLC.

GNT operates a licensed CO2 extraction and manufacturing facility in Portland, Oregon.

SLANG issued common shares as consideration for the NSH acquisition.

SLANG is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands. The company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. 

SLANG Worldwide Inc. (SLNG) opened trading at C$0.235 per share.

More From The Market Herald
High Tide - CEO, Raj Grover.

" High Tide (TSXV:HITI) secures commitment for $19M credit facility

High Tide (HITI) has signed a binding commitment letter with Connect First Credit Union.
Avicanna Inc - CEO, Aras Azadian.

" Avicanna (TSX:AVCN) closes private placement

Avicanna (AVCN) has closed a non-brokered private placement for gross proceeds of approximately $2.782 million.
cannabis products

" Tilray (TSX:TLRY) bolsters market position in Europe with market authorization in Poland

Tilray Brands’ (TLRY) medical cannabis division, Tilray Medical, has received approval to commercialize its medical cannabis products in Poland.

" Pure Extracts (CSE:PULL) delivers its largest shipments to launch its newest vape product

Pure Extracts’ (PULL) subsidiary, Pure Extracts Manufacturing Corp., has successfully delivered more than 2,000 cases of its new, high potency, 1 g vape carts.