SLANG Worldwide Inc. News Releases

SLANG Worldwide Enters into Waiver and Support Agreement with Secured Lenders in Anticipation of Upcoming Maturity Date

Wed, 09 Oct 2024 09:11:00 -0400

Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a global cannabis consumer packaged goods company with a diversified portfolio of popular brands, today announced that it has entered into a waiver and support agreement (the "Support Agreement") with, among others, the secured lenders (the "Lenders") under the Company's credit and guaranty agreement dated November 15, 2021, as amended (the "Credit Agreement") given...

SLANG Worldwide Announces Resignation of Director

Tue, 01 Oct 2024 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - October 1, 2024) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), today announced that Todd Boudreau has resigned from the Company's Board of Directors as a result of other commitments, effective immediately. Mr. Boudreau was first elected to the Board in 2022. "The Board of Directors thanks Todd for his contributions to the Company and the direction he has provided over his tenure," said Ruth Chun, Board Chair. "The Company was...

SLANG Worldwide Announces Second Quarter 2024 Financial Results

Tue, 27 Aug 2024 17:11:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 27, 2024) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a cannabis consumer packaged goods (CPG) company, today released financial results for the three and six months ended June 30, 2024. All figures in this press release are stated in Canadian dollars unless otherwise noted.John Moynan, Chief Executive Officer of SLANG, said, "This quarter we achieved reduced operating expenses year-over-year, increased wholesale sales...

SLANG Worldwide Announces Director Resignation

Fri, 28 Jun 2024 16:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 28, 2024) - 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 Sandra Levy will be resigning from the Company's Board of Directors, effective immediately, to focus on other outside responsibilities and engagements. "On behalf of the Board of Directors and the executive management team, we want to...

SLANG Worldwide Announces Issuance of Equity Incentives

Fri, 14 Jun 2024 18:36:00 -0400

Toronto, Ontario--(Newsfile Corp. - June 14, 2024) - 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, has approved the grant of 3,299,040 incentive stock options to the independent directors of the Company (the "Options") to acquire common shares in the capital of SLANG (each a "Common Share"). The Options are non-transferable and exercisable until June 14,...

SLANG Worldwide Announces First Quarter 2024 Financial Results

Thu, 30 May 2024 07:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 30, 2024) - 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 released financial results for the three months ended March 31, 2024. All figures in this press release are stated in Canadian dollars unless otherwise noted."Our results for the first quarter demonstrated the importance of SLANG's diversified strategy...

SLANG Worldwide Announces First Quarter 2024 Conference Call Details

Wed, 22 May 2024 07:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 22, 2024) - 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 details of its planned release of its first quarter 2024 financial results and conference call.The Company plans to release its financial results for the quarter ended March 31, 2024, before markets open on May 30, 2024. Management plans to...

SLANG Worldwide Announces Q4 and Year-End 2023 Financial Results

Fri, 12 Apr 2024 07:30:00 -0400

Achieved adjusted gross profit margin1 of approximately 51% in Q4 FY2023 and 52% in FY2023Operating Expenses decreased approximately 19% in Q4 FY2023 and 21% in FY2023Increased annual adjusted gross profit1 by 6% Launched wholesale offering in Vermont to capitalize on increase in licensed retail businessesToronto, Ontario--(Newsfile Corp. - April 12, 2024) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG)...

SLANG Worldwide Announces Fourth Quarter and Full Year 2023 Conference Call Details

Wed, 03 Apr 2024 07:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 3, 2024) - 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 details of its planned release of its fourth quarter and full year 2023 financial results and conference call.The Company plans to release its financial results for the quarter and full year ended December 31, 2023, before markets open on...

SLANG Worldwide Launches O.pen in Arizona Through Trulieve Strategic Partnership

Wed, 17 Jan 2024 07:55:00 -0500

Toronto, Ontario--(Newsfile Corp. - January 17, 2024) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a diversified portfolio of popular brands, today announced that it has launched its industry-leading vape brand, O.pen, in Arizona through its strategic partnership with Trulieve Cannabis Corp. ("Trulieve"), one of the leading and top-performing cannabis companies based in the United States.SLANG's O.pen...