SLANG Worldwide (TSE:SLNG) has released an update.
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SLANG Worldwide, a cannabis CPG company, reported a significant drop in second quarter 2024 revenue and gross profits, as well as a decrease in operating expenses. The company is experiencing competitive pressures, leading to a 26% year-over-year decline in sales and is seeking strategic and financial alternatives to resolve its challenges.
For further insights into TSE:SLNG stock, check out TipRanks’ Stock Analysis page.
