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Slang Worldwide the latest big name cannabis company to collapse

Toronto-based Slang Worldwide (CSE: SLNG) (OTCQB: SLGWF) became the latest multistate cannabis company to go belly-up, with an announcement Tuesday that it is entering receivership in Colorado and declaring bankruptcy in Canada, effectively closing up shop. Slang “finalized a wind-down plan,” the company stated in a press release, after noting …