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Fourth new U.S. market entry announced in 2019 TORONTO, June 26, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a robust portfolio of renowned brands, has announced a new strategic partnership with licensed processor Elite Cultivation LLC ("Elite") to offer its branded cannabis products to patients throughout the State of Oklahoma. Pursuant to the partnership, Elite has been granted a license in Oklahoma to produce and distribute the SLANG product suite in Oklahoma, including its category-leading products O.penVAPE, Pressies, District Edibles, Bakked, and Magic Buzz. SLANG will receive royalty payments for each branded product sold in the state. Oklahoma legalized cannabis for medical use in 2018 and has seen rapid growth in licensing activity.  More than 138,000 registered patients and 1,500 licensed dispensaries have been approved by the State as of June 17, 2019. Historical Oklahoma medical cannabis sales topped $23 million in May 2019, based on recent reports from the Oklahoma Tax Commission. "We are pleased to be able to offer our products to medical cannabis patients in Oklahoma," said SLANG CEO Peter Miller. "We have demonstrated that we can be flexible in structuring our relationships with partners as we enter a new state, depending on the circumstances of the local market. Our expansion continues to be executed in a very capital efficient manner, with the goal of growing our branded unit sales." SLANG's products will be manufactured by Elite and distributed and sold broadly in medical cannabis dispensaries throughout Oklahoma. Sales are expected to commence in the third quarter of 2019, starting with selected vaporizers, concentrates and edibles, with all SLANG products eventually available for sale. "We are excited to partner with such a strong organization to bring the best products possible to the Oklahoma market," said Richard Freeman of Elite Cultivation. "With their proven brands and leadership across multiple markets and our relationships in the state of Oklahoma, we feel that we have put together a solid team and a recipe for success." Oklahoma is the fourth new U.S. market SLANG has announced entry into in 2019.  The Company has previously established operations through licensing agreements in Florida and Puerto Rico, and also anticipates entering the State of Washington pending the completion of a proposed acquisition, which would extend the Company's U.S. footprint to 13 states. SLANG's goal is to grow its brand share and demonstrate brand leadership in Oklahoma, as measured by branded unit sales and servings, similar to its performance in several other markets. About SLANG Worldwide Inc. SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 12 US states. The Company is focused on acquiring and developing market-proven regional brands as well as creating new brands to meet the needs of cannabis consumers worldwide. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. About Elite Cultivation Elite Cultivation, LLC is an Oklahoma limited liability corporation owned by Richard Freeman, his brother Royce Lee Freeman, D7 Holdings, LLC and other close friends and business associates of the Freeman family.  Richard Freeman also owns and operates Elite Motorsports, LLC, which operates a world class drag racing program having won back-to-back world championships in NHRA's Pro Stock class in 2014 and 2015.  Erik Danielson, the owner of D7 Holdings, LLC, also holds a medical marijuana dispensary license in Arkansas.  The Denver-based law firm, Vicente Sederberg LLP and the Arkansas-based Danielson Law Firm, PLLC both advised Elite on the SLANG transaction. 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 document include, but are not limited to, statements regarding the anticipated benefits of the relationship between SLANG and Elite, the introduction and distribution of SLANG branded products in Oklahoma, SLANG's proposed acquisition and entry in Washington and the anticipated growth of the Oklahoma medical cannabis market generally 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, The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.   SOURCE SLANG WORLDWIDE

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Slang, the company behind the Firefly vaporizer, now has a new version on the market: the Firefly 2+. “As a leader in premium portable vaporizers, Firefly stands out for its technical innovation and unparalleled design,” Slang co-founder and CEO Peter Miller said in a prepared statement. “Slang is thrilled to help more customers around the world discover the Firefly 2+ and enjoy new Firefly products to come.” A follow-up to the company’s original vaporizer, the Firefly 2+ is capable of burning both dry herb and extracts. Its accompanying app allows you to customize your vaping experience by allowing you to adjust the temperature your herb or extract is burned at. Temperature options range from 22-500 degrees Fahrenheit. Read The Full Article On Forbes

Over $32 million of gross retail sales generated by SLANG's portfolio of brands Over 1 million branded units sold Full quarter net operating revenue of $5 million Full year guidance of $130 - $160 million annualized revenue, with 50 – 60% gross margins TORONTO, May 30, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), today announced that it has filed its financial results for the three months ended March 31, 2019.  The consolidated financial statements were prepared in accordance with International Financial Reporting Standards ("IFRS").  All figures are stated in Canadian dollars unless otherwise noted. SLANG CEO Peter Miller said, "SLANG's capital-light model and partnership focus enables us to generate significant brand value within our portfolio while also supporting the success of the cultivators, extractors, distributors, and retailers that make up the SLANG network. The proof of this success, and the benchmark by which we measure brand performance, is Branded Unit volumes. In our first quarter as a public company, 1 million SLANG-branded units, containing 52 million branded servings, were purchased by consumers. Our approach to existing operations and M&A will continue to support our brands' success at the cash register, enhance our unit economics, and generate substantial overall growth." Q1 2019 Highlights and Key Subsequent Events Financial Highlights: Full quarter net operating revenue of $5 million included revenue of National Concessions Group, Inc. ("Organa Brands") and NWT Holdings, LLC ("Firefly") from January 1, 2019; SLANG's acquisitions of Organa Brands and Firefly were completed on January 22, 2019. Revenue from January 1 – March 31, 2019, excluding revenues of Organa Brands and Firefly prior to acquisitions was $4.0 million.  Adjusted gross profit of $2 million (56% adjusted gross margin) excluding the impact of acquisition related one-time inventory fair value adjustment; gross profit of negative $224,000 including the impact of the fair value adjustments. Adjusted EBITDA loss of $1 million, which reflects the sustainability of our business model in a high growth sector Net loss for the period of $16.1 million, which includes start-up, financing, non-cash derivative adjustments and professional service costs as well as depreciation of acquired assets $13 million of cash on-hand at the end of the quarter is sufficient to fund current operations into the foreseeable future. Key Performance Indicators for Brands: SLANG CEO Peter Miller said, "Cultivators are concerned with physical yields, manufacturers focus on efficiency and consistency, distributors aim to maximize inventory turnover, and retailers are measured by revenue per square foot. Branded unit volumes are our priority as a brand owner, and this will be the KPI by which our peer group of cannabis brand owners will be measured." Over 1 million branded units sold — Branded unit volume represents the number of finished good products purchased by consumers. This metric helps illustrate how consumers are voting with their dollars. Over 52 million branded servings (average of 600,000+ servings per day) — Branded servings volume, which measures the number of 5 mg cannabinoid servings (lowest regulatory denominator on max serving size), helps the Company track the number of experiences consumers are having with SLANG brands. Brand experiences lead to brand loyalty, which is core to creating sustained brand value. $32 million in retail sales — Retail sales is a measure of the gross merchandise value generated by retailers through the sale of SLANG's branded products. It serves as a comparison for SLANG to other United States Multi-State Operators that primarily generate revenue from retail operations. 2,600+ retail stores across 11 states selling SLANG's branded products — The number of retail stores is a measure of SLANG's total distribution footprint, indicating both market penetration and revenue concentration. The Company's ability to build brands relies heavily on the broad availability of SLANG products. SLANG has one of the largest distribution footprints in the industry, and revenue is spread across a large number of retail accounts. Operational Highlights: Entered into partnership with Trulieve Cannabis Corp. on February 29, 2019 to bring SLANG products to Trulieve's retail network of over 20 dispensaries in Florida. Entered into partnership with Southern Development Holdings on March 6, 2019 to offer SLANG's branded cannabis products to Puerto Rico customers including tourists with active medical cannabis licenses from qualified states. Launched the RESERVE product line in California on March 11, 2019. Established SLANG Health & Wellness, a new wellness-focused business division on May 2, 2019. The new business unit will develop and market a portfolio of plant-based cannabidiol ("CBD") products that will be distributed in partnership with Greenlane Holdings, Inc. (NASDAQ: GNLN) ("Greenlane") through its extensive distribution network. Launched latest vaporizer product, the Firefly 2+, on May 23, 2019. Firefly 2+ enhances the flagship product's purpose-built dry herb and extracts technology and premium experience while broadening accessibility with a lower price. Corporate Development Highlights: Closed acquisitions of Firefly and Organa Brands on January 22, 2019; entered into binding option agreement to acquire Organa Brands' historical manufacturing and distribution partners. Expanded distribution relationship with Greenlane on March 18, 2019 to provide distribution of Firefly 2+ vaporizer. Greenlane currently delivers products into over 9,600 brick and mortar retail locations around the world and has a significant e-commerce presence. Announced proposed acquisition of Arbor Pacific, Inc. ("Arbor") on April 16, 2019. Arbor is a leading producer of branded cannabis products. Arbor's product portfolio includes a mix of branded offerings that span the vaporizer, flower and cannabidiol ("CBD") product categories. Arbor's Avitas and Hellavated brands are among the highest selling cannabis brands in the Pacific Northwest, with multiple products regularly listed among the top 10 best-selling vape SKUs in Washington state, according to Headset. On May 14, 2019, the Company announced the proposed acquisition of LBA Global Corporation including its Lunchbox Alchemy brand portfolio and distribution subsidiary Hydra Distribution. The proposed transaction will bolster SLANG's position in the Pacific Northwest by adding a complementary portfolio of top-selling products in Oregon and California and robust supply chain and distribution capabilities. On May 21, 2019, SLANG's Canadian investee, Agripharm Corp., secured one of the country's first outdoor cannabis production licenses, further bolstering SLANG's Canadian supply chain. Capital Markets and Financial Activity: Satisfied escrow release conditions of $66 million subscription receipt financing on January 22, 2019. Completed listing of the Company's common shares on the CSE under ticker SLNG with trading commencing on January 29, 2019. Listed shares on the Frankfurt Exchange under symbol 84S with trading on March 25, 2019. Announced on May 24, 2019 that the Company's warrants originally issued on July 23, 2018 would have their expiry date accelerated in accordance with their terms. The warrants will now expire on June 28, 2019 at 5:00PM (Toronto time). Gross proceeds to the Company will be approximately $10.5 million if all accelerated warrants are exercised. 2019 Full Year Outlook FY2019 Guidance Full year guidance of $130 - $160 million annualized revenue, with 50 – 60% gross margins. 2019 Growth Catalysts Continuing to aggressively expand into new geographic areas—with sales to commence in Florida and Puerto Rico in Q2 2019 and in Canada in Q4 2019 (subject to the coming into force of Canadian infused product regulations). Complete acquisition and integration of certain SLANG network supply chain assets to capture value added revenues and margin by Q4 2019. The Company anticipates pursuing the exercise of its option to acquire the Organa Brands manufacturing and distribution assets in the fiscal year, and the exercise of such options shall be subject to the terms and conditions of the applicable options agreements. Category expansion and new product launches, including the launch of SLANG Health & Wellness, Firefly 2+, Firefly Mini, and Strain Hunters flower brand. Q1 2019 Financial Review The consolidated financial statements were prepared in accordance with International Financial Reporting Standards ("IFRS").  All figures are stated in Canadian dollars unless otherwise noted. The acquisitions of Firefly and Organa Brands were completed on January 22, 2019—operations were consolidated from that date representing fully consolidated figures for approximately 75% of the quarter. The following is selected presentation of the Income Statement for the quarter January 1, 2019 to March 31, 2019:   March 31, 2019 March 31, 2018 (In thousands except per share data and percentages) CDN CDN NET OPERATING REVENUE $ 4,006 $ 29 Cost of goods sold (1) 4,230 0 GROSS PROFIT (224) 29 GROSS PROFIT MARGIN -6% 100% Operating expenses – cash based 5,677 616 Operating expenses – non cash based 6,716   OPERATING LOSS (12,617) (587) Share of loss of investment 239 0 Financing cost and FV adjustment 3,257 0 LOSS BEFORE INCOME TAXES (16,113) (587) Income taxes 1 0 NET LOSS FOR PERIOD (16,114) (587) Exchange on translation of foreign operations (250) 0 TOTAL COMPREHENSIVE LOSS $ (16,364) $ (587) EARNINGS PER SHARE     Basic $ (0.09) $ (0.01) Diluted $ (0.09) $ (0.01) (1)Includes an inventory increase fair value adjustment from the acquisition of Organa Brands and Firefly in the amount of $2,449. Cost of goods sold excluding this valuation adjustment would be $1,781. Described in further detail below in the "Gross Margin" section. Gross Margin Cost of goods sold includes a one-time adjustment from the acquisition of Organa Brands and Firefly which required the Company to record the fair value of the inventory on-hand on consolidation at the time the transaction closed. The increases were $139,171 to Firefly and $2,309,392 for Organa Brands at January 22, 2019. The increased cost was subsequently expensed throughout Q1 2019. This had the effect of overstating cost of goods sold for the period and therefore reducing the margin. The normalized gross profit margin from operations, after adjusting for the FV increases, is detailed below:   March 31, 2019 March 31, 2018 (In thousands except per share data and percentages) CDN CDN NET OPERATING REVENUE $ 4,006 $ 29 Cost of goods sold 4,230 0 Inventory fair value adjustment (2,449) 0 GROSS PROFIT $ 2,225 $ 29 GROSS PROFIT MARGIN 56% 100% Since the acquisitions of Organa Brands and Firefly, SLANG has initiated a process to integrate certain operations and as a result expects to realize increased gross margins as well as capture higher economics in future reporting periods. 2019 costs of goods sold were largely product and packaging costs relating to sales of branded units to licensees and distribution partners. 2018 revenue was limited to only rental and interest income, neither of which had direct costs allocated to them therefore resulting in a 100% margin. EBITDA and Adjusted EBITDA EBITDA and Adjusted EBITDA are non-IFRS financial measures that the Company uses to assess its operating performance. EBITDA is defined as net earnings (loss) before net finance costs, income tax expense (benefit) and depreciation and amortization expense. Management defines Adjusted EBITDA as EBITDA adjusted for other non-cash items such as the impacts of unrealized fair values, share based compensation expense, impairments, one-time gains and losses, and one-time revenues and expenses.  This data is furnished to provide additional information and is a non-IFRS measure and does not have any standardized meaning prescribed by IFRS. The Company uses these non-IFRS measures to provide investors and others with supplemental measures of its operating performance.  The Company also believes that securities analysts, investors and other interested parties frequently use these non-IFRS measures in the evaluation of companies, many of which present similar metrics when reporting their results. As other companies may calculate these non-IFRS measures differently than the Company, these metrics may not be comparable to similarly titled measures reported by other companies. We caution readers that Adjusted EBITDA should not be substituted for deterring net loss as an indicator of operating results or as a substitute for cash flows from operating and investing activities.   March 31, 2019 March 31, 2018 (In thousands except per share data and percentages) CDN CDN TOTAL COMPREHENSIVE LOSS $ (16,364) $ (587) Exchange on translation of foreign operations 250 0 Income taxes 4 0 Financing cost and FV adjustment 3,257 0 Share of loss of investment 239 0 Share based payments 1,673 8 Depreciation 4,971 0 EBITDA (5,972) (587) FV increase inventory on acquisitions 2,449 0 Non-recurring professional fees (1) 1,026 0 Non-recurring compensation (2) 1,177 0 Non-recurring marketing (3) 304 0 ADJUSTED EBITDA $ (1,016) $ (587) (1) During Q1 2019 as the Company completed multiple substantive transactions as well as requiring general corporate and securities advice. Tax planning and audit costs increased in connection with these substantive transactions as well. Additionally, the work was finalized for the Company to have its common shares listed on the CSE - the common shares commenced trading on January 29, 2019. This required a significant amount of legal and audit support that are considered to be one-time costs. (2) During the period, bonuses were paid to key management personnel which are considered to be one-time costs. (3) During the period there were one-time marketing expenditures that are not expected to be recurring. SLANG's Q1 2019 Financial Statements and Management's Discussion and Analysis will be filed on SEDAR at www.sedar.com, and on the Company's Investor Relations website at www.slangww.com. Conference CallThe Company will hold a conference call at 6:00 p.m. EDT on Thursday, May 30, 2019 to discuss the Company's Q1 2019 financial results and outlook for 2019. Dial-in: 888.231.8191 (toll free) or (+1) 647.427.7450 (local or international calls) Webcast: A live webcast can be accessed from the Investors section of Company's website at www.slangww.com or at this link.   An archive of the webcast will be available on the Company's website for one year. Slides: An investor presentation to accompany management's remarks will be available on the Company's website and on the webcast page. Replay: An audio replay of the call will be available for seven days at 416.849.0833, passcode 9092768. About SLANG Worldwide Inc. SLANG Worldwide Inc. is a leading cannabis-focused consumer packaged goods company.  The Company is focused on acquiring and developing market-proven regional brands, as well as creating new brands to meet the needs of cannabis consumers worldwide. 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, 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 three months ended March 31, 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. 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: Kelly Ehler, Chief Financial Officer, Investors@SLANGworldwide.co / 833.752.6499

TORONTO, May 28, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, today announced details of its planned release of first quarter 2019 financial results. View photos     SLANG Worldwide (CNW Group/SLANG WORLDWIDE) More The Company expects to file its Q1 2019 results on Thursday, May 30, 2019 after the close of financial markets. Management will host an investor conference call later that day at 6:00pm EDT to discuss the results. Conference Call Details Timing:            Thursday, May 30, 2019 at 6:00 pm EDT     Dial-in:            888.231.8191 (toll free) or (+1) 647.427.7450 (local or international calls)     Webcast:          A live webcast can be accessed from the Investors section of Company's website at www.slangww.com or at this link. An archive of the webcast will be available on the Company's website for one year.     Slides:              An investor presentation to accompany management's remarks will be available on the Company's website and on the webcast page.     Replay:            An audio replay of the call will be available for seven days at 416.849.0833, passcode 9092768. Upcoming Investor and Industry Events In addition, SLANG executives will be participating in several investor and industry events in June 2019.  The following events are currently scheduled: June 4:             Eight Capital & Cassels Brock State of the Union: American Cannabis Forum   Toronto   SLANG CEO Peter Miller will speak on a panel titled "Creating Winning Brands."   Management will also be available for investor meetings.     June 5:             Economist Cannabis Summit – The Green Gold Rush   Toronto   Peter Miller will speak on a panel titled "Have your hash cake and eat it too."     June 9-11:  Canaccord Genuity Cannabis 100 CEO Summit   San Francisco     June 18:           World Cannabis Summit   Saint John, New Brunswick   Peter Miller will speak on a panel titled "Can We Continue to Expect More Investments in the Cannabis Market" About SLANG Worldwide Inc. SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US. The Company is focused on acquiring and developing market-proven regional brands as well as creating new brands to meet the needs of cannabis consumers worldwide. 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, 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, May 24, 2019 /CNW/ - SLANG Worldwide Inc. (the "Company") (CSE:SLNG), announced today that it has elected to exercise its right under the warrant indenture (the "Warrant Indenture") governing the common share purchase warrants of the Company issued on July 23, 2018 (the "Warrants") to accelerate the expiry date of the Warrants. Pursuant to the terms of the Warrant Indenture, the Company may accelerate the expiry date of the Warrants if, at any time prior to July 21, 2020, the closing trading price of the common shares of the Company (the "Common Shares") on the Canadian Securities Exchange (the "CSE") exceeds $1.75 for a period of at least 20 consecutive trading days. As of the close of markets on May 23, 2019, the closing trading price of the Common Shares on the CSE exceeded $1.75 per Common Share for more than 20 consecutive trading days. Accordingly, the expiry date for the Warrants is accelerated to June 28, 2019. From and after 5:00 p.m. (Toronto time) on June 28, 2019, no Warrants may be exercised and all unexercised Warrants will be void and of no effect. Warrant holders who wish to exercise their Warrants should ensure that they allow sufficient time for delivery of their Warrants and the related exercise price funds to the warrant agent for the Warrants, including consulting with and instructing their investment advisors where they hold their Warrants through an investment advisor. As of May 23, 2019, a total of 9,101,927 of the 13,436,005 originally issued Warrants had yet to be exercised. Each Warrant is exercisable to acquire one Common Share at an exercise price of $1.15. Consequently, if all Warrants are exercised, proceeds to the Company will total $10,467,216.05. About SLANG Worldwide Inc. SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US. The Company is focused on acquiring and developing market-proven regional brands as well as creating new brands to meet the needs of cannabis consumers worldwide. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. The CSE 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: Kelly Ehler, Chief Financial Officer, Investors@SLANGworldwide.co / 833.752.6499 Related Links www.slangworldwide.co

TORONTO, May 23, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, is pleased to launch its latest vaporizer product, the Firefly 2+. Responding to demand for its sold-out predecessor, Firefly 2+ enhances the flagship product's purpose-built dry herb and extracts technology and premium experience while broadening accessibility with a lower price.   The dynamic convection heating technology of the Firefly 2+ is activated in only three seconds and creates an absorbable on-demand vapor, offering the plant at its freshest and highest fidelity. (CNW Group/SLANG WORLDWIDE) Firefly 2+ will be available for purchase online and in retail stores around the world starting May 28. (CNW Group/SLANG WORLDWIDE) The critically acclaimed Firefly products leverage the most advanced portable technology available to enjoy the benefits of dry herb and extracts without smoking. The hardware's dynamic convection heating technology, activated in only three seconds, creates an absorbable on-demand vapor, offering the plant at its freshest and highest fidelity. The free mobile app customizes the heating technology across the widest available temperature range (200-500°F) for dry herb and extracts. Vapor purity is supported by the hardware design: Firefly's award-winning designers crafted the hardware from the same high-grade alloys used on NASA spaceships. The release of the new Firefly 2+ reinforces SLANG's leadership in vaporization products across all price points, from ultra premium to entry level, value price segmentations. Firefly was acquired by SLANG in 2019 and has been inventing the most advanced purpose-built technology for cannabis since 2011. SLANG Co-Founder and CEO Peter Miller said, "As a leader in premium portable vaporizers, Firefly stands out for its technical innovation and unparalleled design. SLANG is thrilled to help more customers around the world discover the Firefly 2+ and enjoy new Firefly products to come." Firefly co-founder and Chief Technology Officer MJ Williams said, "The Firefly team invents simple elegant vaporizers for truly great cannabis experiences, and our newest Firefly 2+ will help connoisseurs and new consumers alike do just that." Firefly 2+ will be available for purchase online and in retail stores around the world starting May 28. The product retails for US$249. About SLANG Worldwide Inc. SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US. The Company is focused on acquiring and developing market-proven regional brands as well as creating new brands to meet the needs of cannabis consumers worldwide. 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, 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: Kelly Ehler, Chief Financial Officer, Investors@SLANGworldwide.co / 833.752.6499

Acquisition Expands SLANG's Industry Leading Brand Portfolio and Manufacturing and Distribution Capabilities in Oregon and California, Further Enhances the Strength of SLANG's Management Team TORONTO, May 14, 2019 /CNW/ - SLANG Worldwide Inc. (CNSX: SLNG), ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US states, is pleased to announced that it has entered into an agreement to acquire LBA Global Corporation ("LBA") and its Lunchbox Alchemy ("Lunchbox") brand portfolio and subsidiary Hydra Distribution ("Hydra"). The proposed transaction (the "Transaction") will bolster SLANG's position in the Pacific Northwest by adding a complementary portfolio of top-selling products in Oregon and California and robust supply chain and distribution capabilities.   Lunchbox Alchemy's Squib Gummie Candy (CNW Group/SLANG WORLDWIDE) Highlights Include: LBA owns the award-winning Lunchbox Alchemy edible brand which includes an extensive portfolio of leading products. The product line ranks as the 2nd best-selling ingestible brand in Oregon since 2014 (BDS Analytics) with extensive penetration in the California market. Lunchbox Alchemy's CBD products are sold in 40 states across the US, accelerating SLANG's Health & Wellness business. Hydra actively distributes to more than 400 dispensaries in Oregon, approximately 67% dispensary penetration, and has one of the largest distribution footprints in the state, widening the distribution of SLANG's existing portfolio in this market. LBA's leadership team is comprised of successful cannabis industry professionals with a depth of expertise managing high-growth CPG companies, enhancing SLANG's current management team. Synergies and new opportunities created through leveraging respective brands and distribution across the US. Founded in 2014, LBA is the owner of the award-winning Lunchbox Alchemy portfolio of cannabis brands, which has been recognized for its innovations in cannabis-infused edibles and concentrate production. Today, LBA owns and manufactures a variety of ingestibles products (gummies, hard candies, and pastries) that collectively rank as the 2nd best-selling ingestible brand in Oregon since 2014, per BDS Analytics. Lunchbox Alchemy also owns a CBD-infused product line that is currently available in retail stores in 40 states across the US. SLANG Co-Founder and CEO Peter Miller said, "Lunchbox Alchemy's products have proven themselves in some of the most competitive markets in the US. Their success is based on knowing what consumers want and delivering consistent product quality, diverse portion sizes, formulations and high-quality organic and vegan ingredients. LBA's impressive management team, with their diverse CPG expertise, and the company's extraction, manufacturing facilities and distribution business will bring significant new opportunities for SLANG's branded products in Oregon and California, further establishing SLANG's position as a leading global cannabis CPG company." Hydra is one of the largest cannabis distributors in Oregon and distributes Lunchbox Alchemy products along with 8 other third-party brands to more than 400 dispensaries across Oregon, representing approximately 67% dispensary penetration in the state. Leveraging this infrastructure, experience and industry relationships will enhance SLANG's position as a leader in branded product sales in the Oregon market, which generated approximately $700 million in retail sales in the past 12 months (BDS Analytics).  Lunchbox Alchemy's CBD products, which are available in over 380 retail outlets across 40 US states, will also accelerate the development and distribution of SLANG's Health & Wellness portfolio. LBA CEO Eric Plantenberg said, "LBA Global is honored to join the SLANG family of brands at this exciting time in the evolution of the cannabis industry. Slang's visionary leaders are highly skilled at curating a network of exceptional brands and deploying strategic initiatives that will create exponential and sustainable growth.  We believe our partnership will add long-term value to their portfolio, elevating the standards by which cannabis is extracted, edibles are manufactured, and consumer goods are distributed." Completion of the Transaction is subject to, among other things, the negotiation and execution of a mutually agreeable definitive acquisition agreement and related documents and the satisfaction or waiver of any conditions precedent to the consummation of the Transaction (including the receipt of any requisite regulatory and third-party approvals). About SLANG Worldwide Inc. SLANG Worldwide Inc. is a leading global cannabis consumer packaged goods company with a robust portfolio of renowned brands distributed across 2,600 stores in 11 US. The Company is focused on acquiring and developing market-proven regional brands as well as creating new brands to meet the needs of cannabis consumers worldwide. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG. For more information, please visit www.slangww.com. About LBA Global Corporation Since opening its doors in 2014, LBA Global Corporation through the Lunchbox Alchemy brand has developed edible cannabis products that uphold the integrity of a consistent, efficacious and quality cannabis experience. Lunchbox Alchemy has proudly received multiple cannabis industry awards recognizing achievements for its exceptional products, as well as unique and identifiable brand presence. The Company's cannabis products can be found in licensed dispensaries throughout Oregon and California, and their hemp-derived CBD products are available in many markets throughout the U.S.  Hydra, the Company's distribution division, is a leading wholesale distributor of both Lunchbox Alchemy and other cannabis products throughout Oregon. 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 statement in this news release include, but are not limited to, statements regarding the Transaction (including the terms thereof, the entering into of definitive documentation and closing conditions), the personnel managing LBA post-closing of the Transaction, the receipt of regulatory approvals, the distribution and sale of SLANG and LBA products, and the size and growth of the cannabis market generally. 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: Kelly Ehler, Chief Financial Officer, Investors@SLANGworldwide.co / 833.752.6499