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Company to Utilize Temporary Regulatory Filing Relief Toronto, Ontario--(Newsfile Corp. - April 29, 2020) - SLANG Worldwide Inc. (CSE: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today issued preliminary, unaudited financial results for the full year and three months ended December 31, 2019 as well as commentary on the current business environment and outlook. The Company also announced that it will be relying on the coordinated relief announced by the Canadian Securities Administrators with respect to the filing of its annual financial statements and management's discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. All figures in this press release are stated in Canadian dollars unless otherwise noted.   Preliminary 2019 Financial Results(1) Full-year 2019 revenue of $29.2 million. Fourth quarter 2019 revenue of $8.7 million. Full-year 2019 pro forma revenue of $90.7 million, which includes the impact of the previously announced proposed acquisitions, investments, and assets within the SLANG Network.(2) This result compares to previously announced 2019 pro forma annualized revenue guidance of $70-$100 million. Fourth quarter 2019 pro forma revenue of $23.4 million(2); reflective of impact related to vape category exchanges, returns, and/or production planning shifts Full-year 2019 adjusted gross profit of $15.6 million and adjusted gross profit margin of 53%. Fourth quarter 2019 gross profit of $5.5 million and gross margin of 63%. $19 million of cash and cash equivalents at December 31, 2019. The Company expects to file its combined Q4 and FY2019 financial results on or about May 21, 2020, followed by an investor conference call.   Subsequent Corporate Highlights Organic growth and brand leadership positions have continued into 2020 within the SLANG Network core markets of Colorado and Oregon. The Company continues to operate with a strong cash position that is expected to be sufficient to fund operations through to profitability. Accelerating the path to profitability through a rebalancing of the workforce and continued optimization of SLANG Network relationships, resulting in combined annualized savings expected to be in excess of $7 million. Continuing to recalibrate supply chain relationships in several emerging markets to provide for more sustainable and profitable growth. Continuing to bring new product SKUs to market in 2020 through the launch of additional brands in new product verticals and expansion of existing product lines. Previously announced Cookies partnership is on track to release product during Q2 2020 in SLANG Network core markets of Colorado and Oregon Working towards final steps required to complete previously announced acquisitions of Cultivate Brands Corp., Allied Concessions Group ("ACG") and Lunchbox Alchemy ("LBA"). Management Commentary "2019 was a transformational year for SLANG as we integrated companies, personnel, and continued to grow our brands. In Q4, we generated solid results to cap off our first year as a public company," said SLANG CEO Peter Miller. "Sector-wide headwinds began to emerge in the second half of 2019, specifically widespread concern over public health issues related to illicit vaporizers. We saw major shifts in the competitive dynamics of certain markets where we operate, and we continued to examine the strategic value of each network asset. SLANG's nimble approach and capital-light model has enabled us to be proactive in addressing these challenges early, and our brands largely maintained their leadership positions across our core markets."   The proliferation of public concern over the safety of vape products in the fourth quarter of 2019, and associated regulatory responses, created challenges related to product mix and availability. The regulatory responses varied by market, with some choosing to enact total bans, while others restricted certain product types. Most operators in the cannabis vape category, including certain entities in the SLANG Network, experienced challenges in the form of exchanges, returns, and/or production planning shifts. Monthly sales in the vape category in certain states declined by as much as 25% in the fourth quarter compared to the third quarter, according to reports from BDS Analytics and Arcview Market Research. Throughout the quarter, new data became available, pointing to the high probability that the safety issues were related to illicit market practices and regulators updated their positions accordingly, returning the legal market to a more normal state. In 2020, consumer demand for these products has returned, largely, to status quo rates of growth and demand across the industry.   Mr. Miller added: "Our priorities in recent quarters have included improving operational efficiency, increasing product diversification and strengthening our balance sheet. We've also placed an increased focus on our core markets while utilizing licensing and strategic partnerships in emerging markets. These strategic shifts have enabled us to reduce costs, accelerate our path to profitability, and withstand the further macro-level challenges that have emerged in 2020, while still pursing the most compelling growth opportunities."     Commentary on Outlook for 2020 As discussed in its corporate update released on March 23, the Company continues to prioritize its core markets, which have been previously defined as those with profitable growth trajectories. SLANG currently considers its core markets to include Colorado and Oregon. The Company's strategy in core markets is to continue to broaden its brand and product portfolio and consolidate supply chain assets in order to strengthen unit economics and profitability.   During the first quarter of 2020, the Company delivered organic growth in its core Colorado and Oregon markets, and its brands continued to hold leadership positions - most notably O.penVAPE, which maintained its position as the #1 selling vaporizer in Colorado. The Company has added Cookies as a strategic partner in both markets, further diversifying SLANG's product portfolio into flower and creating new revenue streams, with products expected to launch in both states in the second quarter of this year. The Company has also extended its District Edibles product portfolio in both markets. The Company is working to consolidate supply chain assets by obtaining regulatory approvals required to close certain previously announced proposed acquisitions.   Emerging markets are those that SLANG views as markets with regulatory or commercial environments in which profitability and high-margin sales are more challenging for consumer product-focused companies. Strategic partnerships and licensing arrangements allow the Company to achieve its objectives for establishing and growing its brands, without the inherent capital costs associated with non-licensing structures. Despite the lower revenues generated by a licensing model, higher margins-per-unit allow for sustained, profitable growth. For SLANG, emerging markets currently include California, Florida, Maine, Nevada, New Mexico, Ohio, Oklahoma, Vermont and Canada.   In Q1 2020, the Company added Ohio to its distribution footprint, and announced a new licensing agreement in Maine, with both partners considered market leaders in their respective states. SLANG's strategy in emerging markets is built around strong local partners who manage production and distribution, such as Trulieve Cannabis Corp. in Florida, which has continued to see strong organic growth.   Broad, sector-wide challenges experienced by certain entities across emerging markets in the SLANG network during Q4 are expected to persist and impact licensing performance in the near term. The Company continues to actively support and engage its partners across emerging markets within the SLANG network, while continuing to evaluate and recalibrate the supply chain. In California, Massachusetts and Michigan, the Company is particularly focused on creating a clear path toward sustainable and profitable growth.   Most importantly, the persistent sector-wide capital constraints present new opportunities for SLANG. As a leading CPG firm with deep manufacturing and supply chain experience, the Company believes that its value proposition is now even more compelling to regional license holders seeking to accelerate their path to market, while minimizing costly mistakes.   As the Company adjusts, and executes, its operating strategy, management expects certain financial key performance indicators to adjust accordingly. For example, the Company's licensing business and wholesale business generate different unit economics per Branded Unit sold. The Company will continue to evaluate and calibrate tactics in each market to balance the Company's operations with those market realities. The strategic value of each asset will be examined, and decisions will be made that align with the Company's overall corporate strategy and profitability goals.   The Company has avoided significant disruptions to its operations from the global COVID-19 pandemic. Circumstances have evolved rapidly, however, and the possibility remains for operational impacts due to potential supply chain issues, enhanced safety protocols and the limits on the accessibility of retail cannabis in the markets where the Company operates. The full magnitude of any impact of COVID-19 on the Company's operational and financial performance will depend on several factors, including the duration and scope of the pandemic, and the degree to which its customers, employees and vendors may be impacted.   The Company is moving forward with the goal of achieving profitability and driving shareholder value, while continuing to pursue accretive and strategic opportunities. To that end, SLANG is currently executing on the streamlining of its operations, as well as several key growth initiatives.   Streamlining Operations Across Core and Emerging Markets The Company has focused on managing costs and cash resources to reflect the current environment, through streamlining initiatives that include the following: Maintaining a strong balance sheet with continued focus on the prudent allocation of capital and ongoing operational improvements; Continued optimization of its workforce and recalibration of SLANG Network relationships, resulting in an estimated $7 million in annualized savings; A disciplined and more sustainable approach to operating in emerging markets, as described above; and Deferring opportunities previously announced with the SLANG Health & Wellness CBD product vertical and in Colombia and Greece until such time that market dynamics allow for favorable unit economics and commercialization of products. Growth Catalysts Initiatives expected to contribute to the Company's growth in 2020, and beyond, include, but are not limited to, the following: Entry into the flower category through its previously announced partnership with Cookies; Organic growth across core markets driven by the release of new products under the Company's existing brand portfolio; Benefitting from the prolonged presence of brands in emerging markets as they mature; Capital-efficient entry into additional emerging markets through licensing and partnership agreements; and Consolidation of supply chain assets in Colorado and Oregon following the anticipated completion of previously-announced acquisitions. "As market conditions continue to evolve, the changing dynamics create both challenges and new opportunities. The first months of 2020 saw unexpected developments, particularly related to COVID-19," said Peter Miller. "As always, the flexibility of our capital-light business model has enabled us to respond very quickly. We have continued to manage our costs and cash resources to reflect the current environment, including a disciplined approach to the structure of our workforce.   Mr. Miller concluded: "I believe SLANG is well-positioned to both ride out the current headwinds and emerge as an even stronger company. We have established important partnerships in key markets and broadened our portfolio of products and brands. We are operating more efficiently with a clear path to profitability. Our balance sheet remains solid and unencumbered by significant debt or capex obligations. Several previously announced strategic transactions are now in the final stages of approval. We look forward to providing further updates next month and as the year progresses."   Given the uncertainty in the economic environment, the Company does not intend to provide financial guidance for 2020.   Temporary Regulatory Filing Relief As a result of logistics and delays caused by the COVID-19 pandemic, the Company is relying on the Ontario Securities Commission's blanket order, Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (the "Exemption"), to postpone the filing of its December 31, 2019 audited annual financial statements, management's discussion and analysis and the applicable CEO and CFO certifications in respect of such filings (collectively the "Annual Filings"). If it were not relying on the Exemption, the Company would be required to release its Annual Filings on or prior to April 29, 2020 pursuant to National Instrument 51-102 Continuous Disclosure Obligations.   The Exemption is provided in response to the COVID-19 pandemic, the Canadian Securities Administrators and other securities regulatory authorities in Canada, have granted similar blanket reliefs allowing issuers an additional 45 days to complete their regulatory filings that were otherwise due during the period March 23, 2020 to June 1, 2020.   The Company has imposed an insider trading blackout pending the release of the Annual Filings, members of management, directors and other insiders will comply with the Company's insider trading policy and the guidelines described in section 9 of National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions, until the Annual Filings have been released, which the Company anticipates occurring on or about May 21, 2020.   Provided below is an update of all material business developments since the date of the last interim financial reports that were filed with respect to the interim period ending September 30, 2019. Each of such developments has previously been disclosed via press release, all of which are available under the Company's SEDAR profile at www.sedar.com: On November 26, 2019, the Company closed a non-brokered financing for gross proceeds of $15,152,063; issued 1,207,500 stock options; and issued 3,750,000 restricted shares units. On December 5, 2019, the Company closed the second tranche of a non-brokered financing for gross proceeds of $1,750,000. On December 30, 2019, Jeremy Heidl resigned as a director. On January 6, 2020, the Company entered into a licensing agreement with Standard Wellness Company, LLC. On February 13, 2020, the Company entered into a licensing and distribution agreement with Cookies to expand its partnership. On March 3, 2020, the Company entered into an acquisition agreement to acquire Cultivate Brands Corp. On March 11, 2020, the Company entered into a licensing agreement with Northeast Patients Group dba Wellness Connection of Maine. Media inquiriesSlangworldwide.co">Media@SLANGworldwide.co   Investor inquiriesSLANGworldwide.co">Investors@SLANGworldwide.co   About SLANG Worldwide Inc. SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com.   Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.   Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018 and nine months ended September 30, 2019, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.   Financial Outlook This press release contains a financial outlook within the meaning of applicable Canadian securities laws. The financial outlook has been prepared by management of the Company to provide an outlook for the three and twelve months ended December 31, 2019 and may not be appropriate for any other purpose. The financial outlook has been prepared based on a number of assumptions including the assumptions discussed under the heading "Forward Looking Statements" above and assumptions with respect to market conditions, pricing, and demand. The actual results of the Company's operations for any period will likely vary from the amounts set forth in these projections and such variations may be material. The Company and its management believe that the financial outlook has been prepared on a reasonable basis. However, because this information is highly subjective and subject to numerous risks, including the risks discussed under the heading "Forward Looking Statements" above, it should not be relied on as necessarily indicative of future results.   Notes:   (1) These preliminary and unaudited financial results are subject to customary financial statement procedures by the Company and its auditors. Actual results could be affected by subsequent events or determinations. While the Company believes there is a reasonable basis for these preliminary financial results, the results involve known and unknown risks and uncertainties that may cause actual results to differ materially. These preliminary fiscal results represent forward-looking information. See "Forward-Looking Statements".   (2) This press release contains references to pro forma financial information, including with respect to pro forma revenues. Pro forma revenues include the revenue for the twelve month and three month periods ended December 31, 2019 for each of Arbor Pacific, Inc. ("Arbor"), LBA, NS Holdings, Inc. ("NSH") and ACG. Such proposed acquisitions include the previously announced proposed acquisitions of Arbor and LBA, as well as the exercise of options to acquire the remaining Organa Brands businesses, NSH and ACG. These acquisitions cannot be consolidated, in the case of NSH and ACG, because such acquisitions were still under option as at December 31, 2019 and, in the case of Arbor and LBA, because such acquisitions have not yet closed. Pro forma revenues do not include anticipated costs and expenses to generate such revenue. Completion of the proposed acquisitions of Arbor and LBA and the exercise of the Company's option for NSH, and the acquisition of NSH and ACG are subject to, among other things, the negotiation and execution of definitive acquisition agreements and related documents and the satisfaction or waiver of any conditions precedent to the consummation of such acquisitions (including the receipt of any requisite regulatory and third-party approvals). There can be no assurance that the Company will exercise its option to acquire NSH and/or complete the acquisitions of Arbor, LBA, NSH and ACG.   The Company believes the pro forma results presented provide relevant and useful information for investors because they clarify the Company's actual operating performance, make it easier to compare the Company's results with those of other companies in the same industry as the Company and allow investors to review performance in the same way as the Company's management. Since these measures are not calculated in accordance with IFRS, they should not be considered in isolation of, or as a substitute for, our reported results as indicators of the Company's performance, and they may not be comparable to similarly named measurements from other companies.   The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release. ###

Toronto, Ontario--(Newsfile Corp. - April 2, 2020) - SLANG Worldwide Inc. (CSE: SLNG), (FSE: 84S), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced that its District Edibles brand is now available to licensed retailers across Oregon. The initial launch includes the flagship District Gummies product line in Blue Raspberry, Watermelon, and Strawberry flavors, to be sold in discreet, child-resistant, 10-piece blister packs containing a total of 50mg of THC. The District Edibles launch will establish a new revenue stream for SLANG in Oregon, where the Company currently competes successfully in the concentrates category. SLANG has also signed an exclusive licensing and distribution agreement to bring California-based cannabis and lifestyle brand Cookies to the Oregon market. SLANG's network partner in Oregon is manufacturing the District Edibles line and selling the products through its statewide distribution channels. "We continue to execute on our strategy of portfolio diversification by entering the edibles category in Oregon," said SLANG CEO Peter Miller. "As one of our core markets, this launch leverages existing SLANG network assets in a market where we already have a presence. With many of our brands like O.penVAPE Craft Reserve and the Bakked Dabaratus already on the leaderboard in Oregon, we look forward to bringing high-quality edibles to an established market." Image: Popular cannabis brand District Edibles is now available to licensed retailers in Oregon. To view an enhanced version of this image, please visit:https://orders.newsfilecorp.com/files/6983/54054_district2.jpg The Oregon market had retail cannabis sales of $810 million USD in 2019, according to BDS Analytics. More than $10 million USD of cannabis ingestibles were sold in Oregon in February 2020, a 15% year-over-year growth rate, with candy representing more than half of the category's sales. After competing in Oregon primarily in the concentrates segment, SLANG's recent transactions position the Company to address all of the major categories including flower in 2020. District Edibles is a popular cannabis edibles brand first launched in 2017 and now sold in multiple U.S. states. According to BDS Analytics 2019 sales data, District Edibles was a Top 10 performing brand in the gummies category in Nevada, Colorado, and California. All District Edibles products are hand-mixed in small batches to ensure a consistent flavor and dose in every batch. High-quality ingredients result in a low-fat, low-sugar and gluten-free product containing less than 10 calories per serving. The use of fully-activated cannabis oil ensures that your body is able to fully absorb the active cannabinoids without any after-taste. In addition to its gummies line, District Edibles also manufactures and distributes THC-infused chocolate in three flavors: Orange Chocolate, Cookies & Cream and Roasted Espresso. The Company anticipates launching further District Edibles products in Oregon in the future. Media inquiriesMedia@SLANGworldwide.co Investor inquiriesInvestors@SLANGworldwide.co About SLANG Worldwide Inc. SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG and on the Frankfurt Stock Exchange under the trading symbol 84S. For more information, please visit www.slangww.com. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include, but are not limited to, statements regarding the financial impact to SLANG of the launch of the District Edibles brand in Oregon and the distribution the District Edibles and Cookies brands in Oregon. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release. ###

TORONTO, March 23, 2020 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today provided an update on several matters including commentary on the potential impact of COVID-19 and progress in its core business.   "First and foremost, the health and safety of our consumers and employees is our top priority during this challenging time," said SLANG CEO Peter Miller. "We are closely monitoring the developments surrounding COVID-19 and its impact on our workforce, our industry and on capital markets. We will continue to adapt, acting swiftly and efficiently, as circumstances evolve. We remain in close contact with our employees, vendors, and buyers as we navigate these challenges together. Ultimately, the core of our business is rooted in partnership, and that has never been more important than now."   "Despite the challenging market environment, we are a stronger business now than we were a year ago, through great partnerships, market presence, and a more robust portfolio.  Additionally, our cash position is strong, and positions us well to successfully navigate through times of uncertainty," said Mr. Miller. "We continue to make progress on a number of strategic initiatives as we adapt our business to a rapidly evolving cannabis market. While there is ample concern with regard to the economic impact of COVID-19, we have also seen indications that consumers have recently increased their purchases of cannabis products."   COVID-19 Update SLANG's management is committed to ensuring the wellbeing of all members of the SLANG network, and is working diligently to implement best practices that protect its teams and its customers alike. Providing consistent, reliable access to the Company's product portfolio has been and continues to be a core priority. Within its own operations, SLANG network teams continue to implement enhanced standard operating procedures to ensure the continuity of its supply chain and the integrity of its manufacturing facilities. These measures include the use of a third-party sanitation partner that leverages EPA-cleared disinfection techniques, including electrostatic sprayers, foggers, and ATP Luminometers to monitor for contamination. The Company is also implementing work-from-home and social distancing measures wherever possible, in accordance with the most up-to-date recommendations of public health authorities. The Company will continue to monitor developments closely and adjust operating plans accordingly in the event that circumstances change in various markets. Above all, the Company is highly focused on maintaining the stability of its operations globally, while diligently protecting the safety of its workforce, as it has done for the last eight years.   The Company's supply chain includes a range of both domestic and international suppliers, some of which may be susceptible to temporary production delays relating to efforts to reduce their employees' potential exposure. The Company has sufficient inventory of key materials to meet expected demand for the near-to-medium term, and does not currently anticipate any disruptions. The Company's strategy to manage the overall impact includes staying in close contact with supply chain partners, identifying alternative suppliers, and adjusting inventory and production levels to minimize potential interruptions.   While the situation remains fluid, initial demand has been strong. The Company continues to operate, and deliveries are still rolling out across the SLANG network. SLANG's current cash position and robust relationships within the supply chain position the Company to navigate through the prevailing global headwinds.   Business Update The Company continues to execute on its strategy for measured growth, and has been proceeding with its plan to optimize its operations toward profitability. SLANG's capital-light business model, which is focused on building strong CPG brands and distribution capabilities, affords the Company multiple strategic options for competing and scaling in various jurisdictions. The maturity of the local cannabis market and the ability to generate profit margins and sustainable growth are the key elements driving strategic choices. The Company's business model positions it well to act dynamically during ever-evolving market conditions.   SLANG is focused on creating value in core markets with profitable growth trajectories. The Company's strategy in core markets is to consolidate supply chain assets in order to strengthen unit economics and profitability. SLANG currently considers its core markets to include Colorado and Oregon. As previously announced, the Company has exercised its option to acquire the Allied Concessions Group manufacturing and distribution business in Colorado. The Company recently executed definitive agreements relating to its proposed acquisition of an edibles manufacturing and distribution business belonging to Oregon-based LBA Global Corporation ("LBA"). The Company has subsequently been working to obtain the state regulatory approvals required to complete both transactions.   By way of contrast, the Company views emerging markets as those in which medical and recreational cannabis use typically has been more recently legalized or in which the current regulatory or commercial environment makes profitability more challenging. Strategic partnership and brand licensing models have allowed the Company to build brand awareness and sales while reducing the requirement for an up-front investment of capital in what the Company considers "emerging markets". For SLANG, emerging markets include Florida, Maine, Nevada, New Mexico, Oklahoma, Vermont and Canada. SLANG's strategy in emerging markets is built around strong local partners in each of these markets who manage production and distribution, such as Trulieve Cannabis Corp. in Florida.   Recent corporate developments consistent with SLANG's capital-light growth strategy include the following: Balance sheet: The Company continues to operate with a strong cash position and has not incurred a significant amount of debt with unaffiliated entities. In late November and early December of 2019, the Company strengthened its balance sheet through private placement financings which raised aggregate gross proceeds of approximately $16.8 million. Those proceeds are available for general corporate purposes and to allow the Company to pursue strategic growth opportunities. Cookies partnership: The Company has expanded its strategic partnership with the cannabis and lifestyle brand Cookies through recently announced licensing and distribution agreements in both Colorado and Oregon, with ongoing discussions relating to other markets. Pursuant to the agreements, SLANG will enter the flower category in partnership with one of the most notable brands in the industry. The partnership is expected to create new revenue opportunities for SLANG and further diversifies the Company's product portfolio. Maine: SLANG recently announced a licensing agreement with Northeast Patients Group, doing business as Wellness Connection of Maine ("Wellness Connection"), the state's largest licensed producer of medical cannabis. The agreement grants Wellness Connection an exclusive license to produce and distribute the SLANG product suite in Maine, where the first adult-use, recreational sales are expected by this summer. Ohio: In early Q1 2020, the Company announced its expansion into the Ohio medical cannabis market through a licensing agreement with Standard Wellness Company, LLC ("Standard Wellness"). The agreement grants Standard Wellness an exclusive license to produce and distribute the SLANG product suite in Ohio, with sales expected to begin in Q2 2020 with its category-leading O.penVAPE, Pressies, Bakked and District Edibles brands. Canada: The Company expects several SLANG cannabis-infused products to be available in Canada in the near future, subject to regulatory approval, through its joint venture with Canopy Growth Corporation (NYSE: CGC), Agripharm Corp. The initial launch is expected to include the O.penVAPE RESERVE vaporizer cartridges, the Firefly Mini portable vaporizer and Bakked Dabaratus distillate dabbing solution. Cultivate Brands Corp: Earlier this month, SLANG announced the entering into of an agreement to acquire Cultivate Brands Corp, a company with a portfolio of brands, intellectual property and other assets including approximately $4.5 million of cash. The transaction is expected to close in April 2020. "While it's too early to assess the entire potential impact of COVID-19 on the cannabis industry, and broader economy, our team remains focused on executing our business plan. This plan is particularly well-suited and adaptable to dynamic shifts in our markets," said Mr. Miller. "We are confident that the team will rise to meet any challenges ahead. We look forward to providing additional details in the near-term during our fiscal-year 2019 earnings call."   SLANG expects to announce its year-end fiscal 2019 results in the coming weeks. Additional details on timing and a planned investor conference call will be provided in advance.   About SLANG Worldwide Inc. SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com.   Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.  Forward-looking statements in this news release include, but are not limited to, statements regarding the completion of certain proposed transactions, proposed partnerships, the path to profitability, the potential impact of the COVID-19 virus and strategic plans in certain U.S. states and Canada.   Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.   The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.   SOURCE SLANG WORLDWIDE   For further information: Media inquiries: Media@SLANGworldwide.co Investor inquiries: Investors@SLANGworldwide.co

Wellness Connection of Maine will expand product portfolioin anticipation of the legal adult-use market TORONTO and PORTLAND, ME, March 11, 2020 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a robust portfolio of popular brands, and Northeast Patients Group, doing business as Wellness Connection of Maine ("Wellness Connection"), today announced they have entered into a licensing agreement. Pursuant to the partnership, Wellness Connection has been granted an exclusive license to produce and distribute the SLANG product suite in Maine, including its category-leading products O.penVAPE, Pressies, District Edibles, and Bakked. Wellness Connection is Maine's largest licensed producer of quality medical cannabis with four dispensaries, a commercial kitchen and a state-of-the-art cultivation, processing and manufacturing facility. Since 2011, Wellness Connection has been advocating for access, high-quality product, and transparency by advancing science and shaping new public policy. "Wellness Connection is the leader in Maine with a strong sense of what the local market wants," said SLANG Worldwide CEO Peter Miller. "With adult recreational use expected to spur significant growth of the market, we are pleased to establish a long-term partnership with a first-class producer in the state." "We are very familiar with SLANG's product suite and its appeal to medical cannabis users," said Wellness Connection CEO Patricia Rosi. "With the transition to legal adult use, we expect to see a continuation of the trend towards cannabis-infused products. SLANG's leadership in multiple product categories will form an important part of our strategy to serve this segment of the market." SLANG's products will be available in the coming weeks at licensed storefronts across the state including Wellness Connection's dispensaries in South Portland, Portland, Gardiner and Brewer.  The initial product roll-out will include O.penVAPE RESERVE and Craft RESERVE vaporizer products and the Bakked Dabaratus distillate dabbing solution. Medical cannabis has been legal in Maine since 1999 and the first adult-use, recreational sales are expected by this summer. The total cannabis market in Maine has been estimated to reach US$300 million by 2022 (source: New Frontier). SLANG previously operated in Maine through a separate licensing agreement. About SLANG Worldwide Inc.SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. About Wellness ConnectionSince 2011, Wellness Connection (WCM) has been Maine's leading cannabis provider focusing on patient-centric care. WCM operates four of the eight state-licensed dispensaries in Brewer, Gardiner, Portland and South Portland as well as state-of-the art cultivation, processing and manufacturing facilities. For more information, please visit www.mainewellness.org. Forward-Looking StatementsThis news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.     SOURCE SLANG WORLDWIDE

TORONTO, March 3, 2020 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a robust portfolio of popular brands, today announced that it has entered into an acquisition agreement dated March 2, 2020 (the "Acquisition Agreement") to acquire (the "Acquisition") Cultivate Brands Corp. ("Cultivate"). Cultivate is a privately-owned company with a portfolio of brands and other intellectual property which are complementary to SLANG's portfolio. Its assets include extraction equipment and other machinery which SLANG intends to use within its network, cash of approximately CAD $4.5 million, and a strategic investment in a company within the supply chain. Cultivate is not currently consuming any cash in its operations. The Acquisition is expected to further strengthen SLANG's position in Oregon, which the Company has identified as a core market for growth in 2020, due to its status as one of the most mature recreational markets in the United States. SLANG's O.penVAPE Craft RESERVE and Bakked Dabaratus products are strong performers in the state, and the Company recently announced a strategic partnership in Oregon with Cookies, a leading third-party brand that the Company expects to launch in Q2 2020.  The Oregon market had retail sales of $810M USD during 2019 and grew 27% year over year as of December 2019 (per BDS Analytics). The Acquisition is structured as an all-stock transaction in which SLANG will issue a non-material amount of common shares ("SLANG Shares") in exchange for all the issued and outstanding shares of Cultivate.  The majority of the SLANG Shares issued pursuant to the Acquisition will be subject to a lock-up period with rolling expiration dates. "We are pleased to execute a deal that contributes brands, IP, equipment, and capital to the already robust SLANG portfolio and balance sheet," said SLANG CEO Peter Miller. "The acquisition of Cultivate will provide a unique opportunity to generate value in several ways including new production assets, supply chain efficiencies and potential new products.  This acquisition is consistent with our disciplined growth strategy and our focus on capital efficiency." "We are pleased to align with a leading cannabis CPG company like SLANG, with its proven capability to develop and grow brands," said Mihalis Belantis, Founder of Cultivate. "This transaction offers significant potential upside to our investors, as well as an opportunity to leverage and commercialize the foundational work we completed during the start-up phase of our business." The Acquisition will be completed by way of three-cornered amalgamation and is anticipated to close in April 2020. Closing of the Acquisition is subject to the satisfaction or waiver of customary closing conditions, including the receipt of the approval of the shareholders of Cultivate and applicable regulatory approvals. About SLANG Worldwide Inc. SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.  The forward-looking information and forward-looking statements contained herein may include, but is not limited to, statements regarding the Acquisition, including the terms, the closing date and benefits thereof and the distribution and sale of SLANG's products in Oregon. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.   SOURCE SLANG WORLDWIDE

"Given the capital challenges cannabis companies face in scaling up their businesses in the U.S. and Canada, partnerships can be a critical part of the equation. At the Benzinga Cannabis Capital Conference Monday in Miami Beach, several business leaders within the cannabis space discussed their strategies and success stories establishing mutually beneficial partnerships." Read More On Benzinga

TORONTO, Feb. 18, 2020 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a diversified portfolio of popular brands, today announced that its District Edibles brand has expanded its popular cannabis-infused gummies category with a new line of sour flavors. The addition of reformulated sours to the existing District Edibles portfolio of gummies and chocolates further diversifies SLANG's position across the edibles category, offering new choices to consumers. These additional products provide the Company with new revenue streams in a previously untapped product segment in the edibles category, while building on already-established brand recognition. The sour gummies are available in a variety of delicious flavors, Sour Peach, Sour Lime, and Sour Apple. Each sour gummy contains 10 mg of THC. The product is sold in a discreet, child-resistant, 10-piece blister pack. District Edibles is a popular cannabis edibles brand first launched in 2017 and now sold in multiple U.S. states. According to BDS Analytics 2019 sales data, District Edibles was a Top 10 performing brand in the gummies category in Nevada, Colorado, and California. The newly reformulated sour flavors are expected to build on this brand recognition and market success by appealing to consumers with different taste preferences. District Edibles also manufactures and distributes THC-infused chocolate in three flavors: Orange Chocolate, Cookies and Cream and Roasted Espresso. In addition to chocolates and sour gummies, District Edibles continues to offer its original flagship product, District Gummies, which are available in a range of flavors. "New District Edibles flavors bring further diversity to our brand portfolio, as we continue to expand our offerings to the market," said SLANG CEO Peter Miller.  "Consumers love the discreet and compact gummy format. The use of blister packaging, in District Edibles, ensures that the product form and dose stay consistent in any environment a customer may encounter." All District Edibles products are hand-mixed in small batches to ensure a consistent flavor and dose in every batch. High-quality ingredients result in a low-fat, low-sugar and gluten-free product containing less than 10 calories per serving. The use of fully-activated cannabis oil ensures that your body is able to fully absorb the active cannabinoids without any after-taste. Sour gummies will be available beginning in late February in Colorado, with distribution expected to expand into other selected states across the SLANG network throughout the year. About SLANG Worldwide Inc. SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.  Forward-looking statements in this news release include, but are not limited to, statements regarding the distribution footprint and product categories of the District Edibles brand. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release. SOURCE SLANG WORLDWIDE For further information: Media inquiries: Media@SLANGworldwide.co; Investor inquiries: Investors@SLANGworldwide.co Related Links www.slangworldwide.co

TORONTO, Jan. 6, 2020 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a global leader in the cannabis consumer packaged goods sector with a vast portfolio of popular brands distributed in over 2,600 stores across the United States, today announced that it is expanding into the Ohio medical cannabis market by the entering into of a licensing agreement with Standard Wellness Company, LLC ("Standard Wellness"). Pursuant to the licensing agreement, Standard Wellness has been granted an exclusive license to produce and distribute the SLANG product suite in Ohio, beginning with its category-leading O.penVAPE, Pressies, Bakked and District Edibles brands. SLANG will derive revenue for each branded product sold in the state, with sales expected to commence in 2020. "We strive to create brand awareness early and establish relationships with consumers in attractive, new cannabis markets," said SLANG CEO Peter Miller.  "Our discipline around capital efficiency makes partnerships like this very strategic in achieving our near and long-term goals for brand awareness, while giving our partners a competitive advantage and a running start in their markets." Standard Wellness was Ohio's first vertically integrated licensed cannabis producer. Its cultivation and processing facility is located in Gibsonburg, Ohio, and it currently distributes products to every medical cannabis dispensary in the state. "Our strategy is to partner with leading brands to bring the finest quality cannabis products to patients in Ohio and empower them to lead healthy and rewarding lives," said Standard Wellness CEO Jared Maloof. "Our agreement with SLANG will enable us to diversify our product portfolio with recognized brands and help fuel our continued growth." Licensed medical cannabis sales commenced in Ohio in January 2019. By the end of November, nearly 75,000 patients had registered with the State Board of Pharmacy and total cumulative product sales had reached US$49 million, according to the Ohio Medical Control Program. The total market for medical cannabis sales in Ohio is expected to exceed US$500 million by 2022, according to estimates published by Cormark Securities in January 2019. Ohio is the seventh largest state in the U.S. with a population of 11.7 million. About SLANG Worldwide Inc.SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a vast portfolio of popular brands distributed in over 2,600 stores across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. About Standard WellnessStandard Wellness is Ohio's premier medical marijuana brand serving patients with a full line of cannabis-based natural health remedies. The company was founded in 2017 and uses a fully integrated processing, production and dispensary system, through its sister company The Forest Sandusky LLC, to offer high quality medicinal marijuana products. Its cultivation and processing facility is located in Gibsonburg, Ohio. Standard Wellness also cultivates medical marijuana in Utah and will commence processing and production there in early 2020. Most recently, Standard Wellness was awarded cultivation licenses in the State of Missouri. For more information visit www.standardwellness.com.  The Cleveland-based law firm Walter | Haverfield advised Standard Wellness on the SLANG transaction. Forward-Looking StatementsThis news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release. SOURCE SLANG WORLDWIDE

TORONTO, Dec. 30, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a global leader in the cannabis consumer packaged goods sector with a vast portfolio of popular brands distributed in over 2,600 stores across the United States, today announced that Jeremy Heidl has resigned from the Company's Board of Directors. Jeremy Heidl has served as a director of SLANG since July of this year. He was a co-founder of Organa Brands and its predecessor, O.penVAPE. "After a decade working in the regulated cannabis industry, and the successful acquisition and integration of Organa Brands into SLANG, I am happy to announce my retirement," said Jeremy Heidl. "I am incredibly proud of the team and culture we've built through the years, which continues to this day. I remain fully supportive of the SLANG team and look forward to their continued execution of their strategic vision. The future of SLANG is bright." "Jeremy has been a true pioneer and innovator within the legal cannabis industry since its inception," said SLANG CEO and Chairman of the Board, Peter Miller. "We thank him for his contributions over the years and wish him the best." About SLANG Worldwide Inc.SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a vast portfolio of popular brands distributed in over 2,600 stores across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. Forward-Looking StatementsThis news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2018, each as filed on SEDAR at www.sedar.com. SLANG is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.   SOURCE SLANG WORLDWIDE