• 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 Online

Avicanna finishes study of CBD cream’s use for rare skin disorder

Avicanna (TSX:AVCN) completes an observational study of its RHO Phyto-branded Ultra CBD topical cream on patients with epidermolysis bullosa.

The Market Online’s Weekly Cannabis Report – May 10, 2024

A leading North American cannabis and consumer packaged goods company will acquire key players in its U.S. expansion strategy.

Canopy Growth prepares for U.S. expansion with new acquisitions

Canopy Growth (TSX:WEED) exercises its options to acquire Wana and Jetty Extracts, key players in the company's U.S. expansion strategy.