SLANG Worldwide Inc.

Recent News

  • SLANG Worldwide Launches O.pen Daily Strains and District Edibles Products in Washington State through Strategic Partnership with Snowcrest

    Toronto, Ontario--(Newsfile Corp. - July 14, 2021) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced that it has launched two of its best-selling brands, O.pen and District Edibles, in the State of Washington through a strategic partnership with Snowcrest LLC ("Snowcrest"), a cultivator and processor in Vancouver, WA.One of America's best-selling vape brands, O.pen, is now available...

    2021-07-14 7:30 AM EDT
  • SLANG Worldwide Creates Third Core Market with Signing of Definitive Merger Agreement to Acquire High Fidelity, Vermont's Largest Vertically Integrated Operation

    Toronto, Ontario--(Newsfile Corp. - June 28, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced that it has entered into an agreement and plan of merger (the "Merger Agreement") to acquire High Fidelity, Inc. ("HI-FI"), Vermont's largest medical cannabis company (the "Merger").Key Transaction Benefits: Delivers an accretive transaction on prospective Adjusted EBITDA basis Broadens SLANG's core market footprint...

    2021-06-28 7:30 AM EDT
  • SLANG Worldwide Appoints Hilal Tabsh as Chief Revenue Officer

    Toronto, Ontario--(Newsfile Corp. - June 18, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced the appointment of Mr. Hilal Tabsh as the Company's Chief Revenue Officer ("CRO"), effective immediately. As a 20-year Consumer Packaged Goods (CPG) industry veteran, Mr. Tabsh brings a wealth of experience in leadership, strategy development, and expertise in sales, marketing, and distribution to...

    2021-06-18 7:30 AM EDT
  • SLANG Worldwide Closes Previously Announced Acquisition of Allied Concessions Group, Inc.

    Toronto, Ontario--(Newsfile Corp. - June 9, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, is pleased to announce that it has closed its previously announced acquisition (the "ACG Acquisition") of Allied Concessions Group, Inc. ("ACG"), a manufacturing and distribution business based in Colorado. The ACG Acquisition is expected to become effective within the next week and upon...

    2021-06-09 7:30 AM EDT
  • SLANG Worldwide Announces First Quarter 2021 Financial Results

    Revenue of $9.9 million in Q1 2021, a 112% increase over Q1 2020Gross margin of 37% in Q1 2021, compared with 33% in Q4 2020Cash and cash equivalents of $12.4 million as of March 31, 2021Strong brand performance, with approximately 747,927 Branded Units sold in Q1 2021 (a 44% increase over Q1 2020)1Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company...

    2021-05-27 7:30 AM EDT
  • SLANG Worldwide Announces First Quarter 2021 Conference Call Details

    Toronto, Ontario--(Newsfile Corp. - May 25, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, today announced details of its planned release of first quarter 2021 financial results and conference call. The Company expects to release its financial results for the quarter ended March 31, 2021, before markets open on May 27, 2021. Management plans to host an investor conference...

    2021-05-25 7:30 AM EDT
  • SLANG Worldwide Adds Two New Independent Directors

    Toronto, Ontario--(Newsfile Corp. - May 17, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, is pleased to announce the appointment of Mr. Sam Brill and Ms. Felicia Snyder as independent directors on its Board of Directors. SLANG's Board of Directors is now comprised of nine directors, six of whom are independent.Mr. Chris Driessen, President and CEO of SLANG, stated,...

    2021-05-17 7:30 AM EDT
  • SLANG Worldwide Announces Fourth Quarter and Full Year 2020 Financial Results

    Revenue of $9.7 million in Q4 2020, a 22% increase over Q3 2020 and an 11% increase over Q4 2019 Cash and cash equivalents of $6.5 million at year-end; $12.4 million[1] as of March 31, 2021Q1 2021 revenue expected to be approximately $9.9 million, a 112% increase compared with $4.7 million in Q1 2020*Strong brand performance, with approximately 706,437 branded units sold in Q4 2020 (a 22% increase over Q4 2019), containing over 56 million branded servings in Q4 2020...

    2021-04-29 7:30 AM EDT