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...
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...
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...
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...
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
SLANG Worldwide Announces Full Year 2020 Conference Call Details
Toronto, Ontario--(Newsfile Corp. - April 22, 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 full year 2020 financial results and conference call. The company expects to release its financial results for the twelve months ended December 31, 2020 before markets open on April 29, 2021. Management...
2021-04-22 5:00 PM EDT
SLANG Worldwide Announces Change to Financial Reporting Date and Clarification to Prior News Release
Toronto, Ontario--(Newsfile Corp. - April 11, 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, wishes to announce that it now expects to release its financial results for the three and twelve months ended December 31, 2020 before markets open on April 29, 2021. The Company will host a conference call for the investment community that morning to...
2021-04-11 4:23 PM EDT
SLANG Worldwide Announces Selected Preliminary Fourth Quarter and Full Year 2020 Financial Results and Corporate Updates
Toronto, Ontario--(Newsfile Corp. - April 6, 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 issued preliminary, unaudited, selected financial results for the full year and three months ended December 31, 2020 as well as commentary on the current business environment and outlook. All figures in this press release are stated in Canadian...
2021-04-06 7:30 AM EDT
SLANG Worldwide Signs Strategic Partnership with Avér Skin to Manufacture, Co-Package and Distribute Cannabis-Based Skincare Products
Toronto, Ontario--(Newsfile Corp. - March 2, 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 signed a strategic partnership agreement with Avér Skin ("Avér") to manufacture, co-package and distribute cannabis-based skincare products. Avér was founded by a team of pioneering experts in the fields of premium skincare,...
2021-03-02 8:30 AM EST
SLANG Worldwide Announces New e-Commerce Store for Lunchbox Alchemy CBD
Toronto, Ontario--(Newsfile Corp. - February 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 its best-selling CBD gummies, Lunchbox Alchemy CBD are now available for purchase online via the Company's newly launched e-commerce platform.Founded in 2014, Lunchbox Alchemy CBD has become one of SLANG's most popular products, sold...
2021-02-25 8:00 AM EST
SLANG Worldwide Launches O.pen Cured Resin Products in Florida through Strategic Partnership with Trulieve
Toronto, Ontario--(Newsfile Corp. - February 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, announced today that its best-selling, premium vape product line, O.pen Cured Resin, is now available in Florida, exclusively with Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve"), a leading and top-performing cannabis company based in...
2021-02-09 7:45 AM EST
SLANG Worldwide Announces Closing of Oversubscribed Previously Announced Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - February 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 report that its previously announced private placement (the "Financing") was met with strong institutional investor demand and was oversubscribed, to $11.9 million. All figures in this press release are stated in Canadian dollars unless...
2021-02-09 7:30 AM EST
SLANG Worldwide to Expand Into Multiple Limited License Markets Through New Strategic Partnership and Announces $10M Financing to Fuel Growth
SLANG's growth strategyToronto, Ontario--(Newsfile Corp. - February 1, 2021) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading...
2021-02-01 7:33 AM EST
SLANG Worldwide Provides Update on its Pending Acquisition of Allied Concessions Group
Toronto, Ontario--(Newsfile Corp. - January 7, 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 a definitive agreement and plan of merger (the "Merger Agreement") with respect to its previously announced proposed acquisition (the "Acquisition") of Allied Concessions Group Inc. ("ACG"), a manufacturing and...
2021-01-07 7:00 AM EST
SLANG Worldwide Announces Closing of Pleasant Valley Ranch Acquisition
Toronto, Ontario--(Newsfile Corp. - December 29, 2020) - 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 closed its previously announced acquisition (the "Acquisition") of Colorado-licensed cannabis cultivator Pleasant Valley Ranch, LLC ("Pleasant Valley"). The Company acquired Pleasant Valley for a non-material amount of cash...
2020-12-29 7:00 AM EST
SLANG Worldwide Partners with Flower by Edie Parker to Manufacture and Distribute Cannabis Products
Toronto, Ontario--(Newsfile Corp. - December 22, 2020) - 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 entered into a strategic partnership to manufacture and distribute cannabis products for Flower by Edie Parker.Founded in 2010 by Brett Heyman, Edie Parker gained global recognition for its high-quality handbags, accessories...
2020-12-22 7:00 AM EST
SLANG Worldwide Products Available in Ontario, Canada
Toronto, Ontario--(Newsfile Corp. - December 21, 2020) - 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 its O.pen and Firefly Mini line of products are now available in Ontario. The Ontario Cannabis Store, the province's sole wholesale distributor of adult-use cannabis, has listed O.pen vaporizer cartridges and Firefly Mini...
2020-12-21 7:00 AM EST
SLANG Worldwide Chooses Colorado, the Epicenter of Cannabis, for Expansion
Toronto, Ontario--(Newsfile Corp. - December 14, 2020) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a diversified portfolio of popular brands, is pleased to announce that is has selected Colorado for its expanded production. In an announcement made today by Colorado Governor Jared Polis and Colorado's Office of Economic Development and International Trade, Governor Polis stated, "Colorado...
2020-12-14 7:30 AM EST
SLANG Worldwide Announces Third Quarter 2020 Financial Results
Q3 2020 revenue of $7.9 million increased 73% sequentially over Q2 2020 revenue of $4.6 million, driven by continued strong demand across the Company's core and emerging markets.Reported positive Adjusted EBITDA for the first time as a public company.Company expects strong performance to continue through the fourth quarter of 2020.Concurrently announced a $5.0 million non-brokered private placement, led by the Company's largest institutional investors; structured with no debt or warrants to...
2020-11-30 8:30 AM EST