Slang Worldwide Inc
OTC:SLGWF
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We don't have any information about SLGWF's insider trading.
Slang Worldwide Inc
Glance View
SLANG Worldwide, Inc. engages in the cultivation, production, and sale of branded cannabis products. The company is headquartered in Toronto, Ontario and currently employs 99 full-time employees. The company went IPO on 2019-01-29. The firm operates in one reportable segment, being the cultivation, production, and sale of branded cannabis products. Its cannabis brands include OpenVape, Bakked, District Edibles, Firefly Vapor, Lunchbox Alchemy, and CeresMED. The firm's subsidiaries include Slang Colorado RE, Inc., National Concessions Group, Inc., Slang Investments, Inc., Slang Colorado Distribution, Inc., Slang Oregon, Inc., LBA CBD, LLC, CHC Laboratories, Inc., Hydra Oregon, LLC, Slang Colorado Cultivation, Inc., Allied Concessions Group, Inc., and Slang Colorado Manufacturing, Inc.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.