B. Riley Farber

SLANG Worldwide Inc. (CSE:SLNG) (OTCQB:SLGWF) confirmed Tuesday it is entering receivership in Colorado and declared bankruptcy in Canada. The Toronto-based cannabis company finalized a wind-down plan for its assets and subsidiaries with its secured lenders. This decision follows the company's...

SLANG Worldwide (OTC:SLGWF), the cannabis company known for popular brands like O.pen and Firefly, is in the midst of a financial crisis, facing a $17.3 million debt repayment deadline on November 15, 2024. The company announced a deal with its lenders, agreeing to pay $1.75 million upfront and...