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Toronto, Ontario--(Newsfile Corp. - April 28, 2022) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today released financial results for the twelve months ended December 31, 2021. All figures in this press release are stated in Canadian dollars unless otherwise noted. Key Financial Highlights: Revenue from continuing operations for FY 2021 was $37.8 million, compared with $25.5 million in FY 2020, representing a 48% increase year-over-year. The primary driver of the sequential year-over-year growth was due to increased revenues associated with the acquisitions of Allied Concessions Group, Inc. ("ACG") and High Fidelity, Inc. ("HiFi") completed on December 31, 2020 and August 11, 2021, respectively. Gross profit of $15.1 million (40% gross margin) in FY 2021, compared with $12.7 million (50% gross margin) in FY 2020, representing a 19% increase year-over-year. Adjusted EBITDA of ($4.97 million) in FY 2021, compared with ($5.47 million) in FY 2020. The increase of the Adjusted EBITDA is primarily attributable the increase in revenue and gross profit associated with the acquisition of HiFi in August 2021.1 $20.83 million restricted and unrestricted cash balance as of December 31, 2021, compared to $6.61 million at December 31, 2020. This includes the Company's recently completed term-loan financing with participation from Trulieve Cannabis Corp. ("Trulieve"), a leading and top-performing cannabis company based in the United States, and two existing significant shareholders of the Company, Pura Vida Investments and Seventh Avenue Investments, for aggregate gross proceeds of $17.3 million U.S. Drew McManigle, Interim CEO and Chairman of SLANG, said, "Our dedicated efforts to streamline our operations and redefine our core and emerging markets strategies have already taken hold as we are recognizing stronger opportunities to drive profitable revenue growth in 2022. We are a different SLANG today than we were at the beginning of 2021, strategically expanding our brand and product portfolio while consolidating our supply chain assets, allowing us to effectively meet consumer demand and achieve stronger unit economics in our core and emerging markets." "Our ability to rapidly eliminate our weaker performing Oregon operations and strategically enter new emerging markets has been integral to our near and long-term growth. In the second half of 2021, SLANG acquired High Fidelity / Ceres, one of Vermont's largest medical cannabis companies, and through our key partnership with Trulieve, we secured our entry into Pennsylvania, West Virginia, Massachusetts and Maryland, providing us with a number of key growth opportunities that we are now advancing upon in 2022. By winding down our Oregon operations, we are recognizing strong cost savings that are already supporting our ability to rapidly and efficiently expand our operational footprint." "Further supporting our operational transition has been the strengthening of our strategic partnership with Trulieve as we entered into a $17.3 million term-loan with Trulieve and our existing shareholders Pura Vida and Seventh Avenue Investments. This financing shows the confidence and commitment our strategic partners have in the new management team as we execute our growth strategy to drive shareholder value while transforming SLANG into a leading player in the cannabis industry," concluded McManigle. Operational Highlights and Growth Drivers: The Company began sales to new Emerging Markets through its partnerships with Trulieve in Pennsylvania, West Virginia, Massachusetts, and Maryland and with Natura Life + Science in California. In August, the Company completed its acquisition of HiFi, one of Vermont's largest medical cannabis companies, adding Vermont as a new Core Market. HiFi is vertically integrated and its operations include a 28,000-square-foot cultivation, production, lab, and retail distribution facility. In October, the Company entered the West Virginia and Pennsylvania markets through a strategic partnership with Trulieve. As previously announced, Trulieve obtained exclusive access to the entire SLANG portfolio of products and products, which are already available in all Trulieve locations in the states of Florida and Massachusetts. The solidified partnership provides SLANG with a range of significant growth opportunities in several markets, and the Company expects its products to be available on the shelves in Pennsylvania and West Virginia by Q2 2022 and Q3 2022, respectively. In November, SLANG completed a term-loan financing (the "Loan Transaction") agreement with its strategic partner Trulieve, two existing significant shareholders of the Company, Seventh Avenue and Pura Vida, and other investors for gross proceeds of $17.3 million USD. The Loan Transaction represents a pivotal moment for the Company strategic growth strategy, as it furthers its efforts to complete the development and integration of the Vermont operations, improve operational efficiencies, drive future revenues, and reduce capital expenditures. Additionally, Drew McManigle was appointed Interim CEO and Chairman of the Board as part of an executive management transition to strategically reposition SLANG for profitable revenue growth. In conjunction with the Loan Transaction, SLANG has made a strategic pivot in its Core Markets and Emerging Markets strategy to pursue geographies that are expected to provide meaningful and profitable lines of revenue. In regard to its Core Markets, the Company has decided to wind down manufacturing operations of all SLANG branded THC products in Oregon, focusing its future efforts to the profitable Core Markets of Colorado and Vermont. As for Emerging Markets, the Company maintains capital light strategic partnerships in 12 markets, allowing SLANG one of the largest U.S. distribution footprints in cannabis. Post quarter-end, the Company announced several changes to its Management Team and Board of Directors. The changes include the enhancement of the Board of Directors through the appointment of Kevin K. Albert, a seasoned professional with significant knowledge and expertise in the cannabis industry, a deep and fundamental understanding of finance and management, and a successful track record in M&A, as an Independent Member of the Board. Mr. Albert's appointment succeeded Matt Fraser's resignation from the Board. As a result of the steps taken to restructure the sales and marketing departments, SLANG announced the elimination of the position of Chief Revenue Officer. In addition, the Company is in the process of adding a new sales manager for its Colorado operations and recently selected a new COO to manage its emerging position in Vermont and New Jersey. Post quarter-end, SLANG has implemented a consolidation (the "Consolidation") of its outstanding common shares ("Common Shares") and its outstanding restricted voting shares ("Restricted Shares", and together with the Common Shares, the "Shares") on the basis of one new Share for every six outstanding Shares at the time of the Consolidation. The effective date of the Consolidation was February 28, 2022. Fourth Quarter 2021 Highlights Revenue from continuing operations for Q4 2021 was $8.84 million, compared to Q4 2020 revenue of $8.29 million, representing a 7% increase. Gross profit of $4.1 million (46% gross margin) in Q4 2021, compared with $3.03 million (37% gross margin) in Q4 2020, representing a 35% increase. The increase in margin is largely in relation to the acquisition of HiFi in August 2021 bringing higher margin sales. Adjusted EBTIDA of ($2.13 million) in Q4 2021, compared with ($1.05 million) in Q4 2020. The Company remains committed to prudently managing its operating expenses on its mission to further improve the efficiency of operations. The Company believes it will continue to see an improvement in this metric as it recognizes greater high-margin revenue from its operations. As part of the process of evaluating the viable entities in the Company's business, SLANG completed the wind down of all manufacturing THC activities in Oregon. By discontinuing these plant touching sales and listing various Oregon assets for sale, the Company will be recognizing a reduction in operating expenditures of over $2 million annually related to those operations. The Company made progress throughout the quarter in implementing a strategic growth plan to focus on its Core Markets of Vermont and Colorado with special attention to streamlining operations, developing new products and branding and investigating opportunities to reduce manufacturing costs, including manufacturing outsourcing and enhanced logistics. In Q4 2021, 717,126 SLANG Branded Units were sold across The SLANG Network with Colorado generating approximately 51% of SLANG's total Branded Units volume.1 The Company's Core Markets of Colorado and Vermont saw sequential improvements in Q4 2021 when compared to Q4 2020, with Massachusetts and Washington showing increases due to the Company having entered those markets in 2021. SLANG's brands continued to earn market-leading positions in its core markets in Q4 2021. Highlighted by O.pen maintaining its #1 ranking in the vape cartridge category In Colorado, according to BDSA. Full Year 2021 Financial Review The consolidated financial statements were prepared in accordance with IFRS. The following is selected presentation of the Income Statement for the year end December 31, 2021. 3 months ended 31-Dec-21 3 months ended 31-Dec-20 12 months ended 31-Dec-21 12 months ended 31-Dec-20 (In thousands except per share data and percentages) CDN$ CDN$ CDN$ CDN$ Net Operating Revenue from Continuing Operations $8,838 $8,292 $37,777 $25,454 Cost of Goods Sold 5,501 5,260 23,311 12,764 Gross Profit Before Gain on Fair Value of Biological Assets 3,337 3,032 14,466 12,690 Realized fair value amounts included in inventory sold (501) - (886) - Unrealized gain on fair value of biological assets 1,264 - 1,547 - Gross Profit 4,100 3,032 15,127 12,690 Gross Profit Margin 46% 37% 40% 50% Operating expenses 11,053 6,146 40,463 35,298 Operating Loss (6,953) (3,114) (25,336) (22,608) Other items (Impairment, FV adjustment, FX, gains/losses, taxes, etc.) 30,227 31,384 31,274 (8,016) Total Comprehensive Income / (Loss) (37,180) ($34,498) (56,610) ($14,592) Earnings Per Share     Basic ($0.39) ($0.64) ($0.60) ($0.26)     Diluted ($0.39) ($0.64) ($0.60) ($0.26)   3 months ended 31-Dec-21 3 months ended 31-Dec-20 12 months ended 31-Dec-21 12 months ended 31-Dec-20 (In thousands except per share data and percentages) CDN$ CDN$ CDN$ CDN$ Total Comprehensive Income (Loss) ($37,180) ($34,498) ($56,610) ($14,592) EBITDA (4,866) (1,459) (17,487) (16,155) Adjusted EBITDA (2,133) (1,054) (4,965) (5,472)   See the Company's management's discussion and analysis for the three and twelve months ended December 31, 2021 (the "Q4 2021 MD&A") for a detailed reconciliation of EBITDA and Adjusted EBITDA to Operating Income / (Loss). SLANG's financial statements and the Q4 2021 MD&A are available on SEDAR at www.sedar.com, and on the Company's Investor Relations website at www.slangww.com. The Company reported $20.83 million of combined restricted and unrestricted cash and cash equivalents at December 31, 2021, compared to $6.61 million at December 31, 2020, and $3.5 million at September 30, 2021. Non-IFRS Measures EBITDA, Adjusted EBITDA and Branded Unit volume 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 impact of unrealized fair values, share based compensation expense, impairments, one-time gains and losses, and one-time revenues and expenses. See the heading "Key Performance Indicators" in the Q4 2021 MD&A for a description of how each of Branded Unit volume is calculated. This data is furnished to provide additional information and are non-IFRS measures and do not have any standardized meaning prescribed by IFRS. The Company uses these non-IFRS measures to provide shareholders 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 determining net loss as an indicator of operating results, or as a substitute for cash flows from operating and investing activities. Conference Call Details Management plans to host an investor conference call today, April 28, 2022, at 11:00 am ET to discuss the results. Timing: Thursday, April 28, 2022 at 11:00 am ET Dial-in: 1 (888) 440-5983 (US toll-free) or 1 (646) 960-0202 (US toll) or for a list of international toll-free options click here Conference ID: 6291438 Webcast: A webcast can be accessed from the Investors section of Company's website at www.slangww.com or at https://events.q4inc.com/attendee/946595775A replay of the webcast will be archived on the Company's website for one 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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. For more information, please visit www.slangww.com. To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject. 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 the Q4 2021 MD&A and other disclosure documents available on the Company's profile 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. Third Party Information This press release includes market and industry data that has been obtained from third party sources, including industry publications. The Company believes that the industry data is accurate and that its estimates and assumptions are reasonable, but there is no assurance as to the accuracy or completeness of this data. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there is no assurance as to the accuracy or completeness of included information. Although the data is believed to be reliable, the Company has not independently verified any of the data from third party sources referred to in this press release or ascertained the underlying economic assumptions relied upon by such sources.

Toronto, Ontario--(Newsfile Corp. - April 21, 2022) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced details of its planned release of its fourth quarter and fiscal year 2021 financial results and conference call. The Company expects to release its financial results for the quarter ended December 31, 2021 before markets open on April 28, 2022. Management plans to host an investor conference call that same day at 11:00am ET to discuss the results. Conference Call Details Timing: Thursday, April 28, 2022 at 11:00 am ET Dial-in: 1 (888) 440-5983 (US toll-free) or 1 (646) 960-0202 (US toll) or for a list of international toll-free options click here Conference ID: 6291438 Webcast: A live webcast can be accessed via the Company's website at www.slangww.com or at https://events.q4inc.com/attendee/946595775. A replay of the webcast will be archived on the Company's website for one year.   To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject. 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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. 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 annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile 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.

Toronto, Ontario--(Newsfile Corp. - April 12, 2022) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, announced today that it has closed its previously announced acquisition of NS Holdings Inc. ("NSH"), a manufacturing business based in Oregon (the "NSH Acquisition"). The closing of the previously announced NSH Acquisition won't affect the Company's decision to wind down manufacturing operations in the unprofitable Oregon market. This acquisition follows SLANG's newly implemented transformational growth strategy focused on tapering its Core Markets to Vermont and Colorado, supporting the Company's goal of reducing non-profitable operations and achieving greater operating efficiencies. NSH is the parent company of GNT Oregon, LLC ("GNT"). GNT operates a licensed CO2 extraction and manufacturing facility in Portland, Oregon. The Company issued a non-material amount of common shares as consideration for the NSH Acquisition. To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject. 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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. 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 annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile 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.

Toronto, Ontario--(Newsfile Corp. - April 4, 2022) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, today announced the appointment of Mr. Kevin K. Albert as an Independent Member of its Board of Directors. SLANG's Board of Directors is now comprised of 6 directors, 3 of whom are independent. Mr. Drew McManigle, Interim CEO and Chairman of SLANG, said, "I am very excited to have an experienced business professional like Kevin join our Board, a seasoned professional with significant knowledge and expertise in the cannabis industry, a deep and fundamental understanding of finance and management, and a successful track record in M&A. We deeply appreciate Kevin's willingness to serve as a Director. We believe Kevin will bring significant business insight while providing skilled and experienced board level expertise to the task of building value for our shareholders and effectively managing and growing SLANG, as it positions itself from its turnaround stage into its growth stage." Mr. Albert worked in the investment banking division of Merrill Lynch & Co. for 24 years. Now retired, he is currently managing a portfolio of private investments, the majority of which are in the legal cannabis industry. From September 2010 through December 2019, Mr. Albert was a Senior Partner of Pantheon Ventures LLC ("Pantheon") and a member of its six-person Partnership Board. For most of his nine-year tenure there, he was responsible for the firm's global business development, and during this time Pantheon's assets under management increased from approximately US$25 billion to approximately US$50 billion. From 2006 until 2017, he also served as an independent director on the board of Merrill Lynch Ventures, LLC, a series of private equity partnerships offered to Merrill Lynch employees aggregating over US$1.8 billion of original committed capital. He currently serves as an independent director on the boards of Harborside Inc, Osiris Ventures, Inc. dba, NorCal Cannabis Company, Octavius Holdings Inc dba, Flow Cannabis Company, and Achari Venture Holding Corp I, a special purpose acquisition company targeting a merger with a non-plant touching cannabis company. Mr. Albert has a BA and an MBA from the University of California, Los Angeles where he continues to be involved as the Chair of the Board of Visitors of the Economics Department. Mr. Albert noted, "I am excited to be joining SLANG at this time as I believe the Company has tremendous potential and is well positioned to expand its footprint and capture additional market share in its core markets. I look forward to working with the other members of the Board and the management team as we help drive growth at SLANG." To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject. 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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. 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 annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile 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. Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. Media and Investor inquiriesInvestors@SLANGww.com KCSA Strategic CommunicationsPhil Carlson SLANG@kcsa.com

Toronto, Ontario--(Newsfile Corp. - March 22, 2022) - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, today issued a Letter to Shareholders from its Interim CEO and Chairman of SLANG, Drew McManigle. Dear Shareholders, Since I was seated as Interim Executive Officer on November 15, 2021, the Company's management team, working closely with its financial advisor, MACCO Restructuring Group, LLC, has undertaken many forward-looking and effective initiatives. These initiatives have been aimed at improving our operational and financial efficiencies while right-sizing the Company to advance a more defined growth strategy. I am pleased to report today, that within four (4) months, these rigorous initiatives have reduced our operating expenses by approximately USD $2.1 million and strengthened our position to advance both our near and long-term growth plans. We are already seeing positive impacts in our monthly budget to actual cash flow. We have also completed and approved a 2022 annual budget for the Company. Before I dive into the details, I want our shareholders to know that all of our collective efforts have been to ensure that the Company can capitalize on future opportunities in the cannabis industry to drive shareholder value. And, importantly, I am personally optimistic about the Company's future direction now that we are strategically advancing upon our refined growth strategy. Listed below are several key accomplishments we have recently made in streamlining our operations to build stronger, sustainable revenue growth and profitable operations. Completed management restructuringBeginning in November 2021, we undertook a rapid and comprehensive review of all aspects of the Company, including, operations; finance; controls and procedures; markets; logistics; sales, marketing, products, and brands; and consumer satisfaction. We also undertook a review of the organizational structure and effectiveness of the Company's management team. We did all of this and more to reduce unmanageable overhead and conserve liquidity while working to drive growth in SLANG's core operating markets. In effect, we have strengthened the Company's position as a specialty focused, nimble and pragmatic organization. Implemented transformational strategic growth plan to focus on Vermont and ColoradoUnder our newly streamlined, strengthened and cohesive management team, we began to focus our efforts on growth in platform regions and emerging markets that display the strongest demand for our cannabis brands which, would in turn offer the opportunity to lead to greater sustainable and profitable revenue streams. In late November 2021, we began executing upon our strategy for transformational growth by tapering our operations to Vermont and Colorado (our Core Markets), while essentially eliminating any unprofitable components, including our Oregon operations. ColoradoWe continue to streamline operations, develop new products and branding, investigate opportunities for effective manufacturing out-sourcing and enhanced logistics, while consolidating our supply chain to create synergies and operating efficiencies to further strengthen our bottom-line. We have successfully reduced overseas freight costs. Most notably, we have sourced and contracted for distillate in Colorado at a significant reduction from the Company's prior year average cost of distillate, which can strongly enhance both revenue and margins. Additionally, we assessed and are exploring opportunities to divest several licenses in the State, as well as, our costly cultivation facility. VermontIn August 2021, the Company acquired High Fidelity/Ceres, Vermont's largest medical cannabis company, and Vermont quickly became a key facet of our Core Market strategy. With this acquisition, the Company has two of the five medical cannabis licenses granted in Vermont with four dispensaries, including one that is strategically located in the Burlington area, with the ability to add two new retail dispensaries upon receipt of the requisite licenses. In addition, with the advent of recreational cannabis use in Vermont later this year, the potential for material revenue growth, at healthy margins, can occur while we work to further increase overall enterprise value for SLANG.Concurrently, in November 2021, with our management review of the Company, we conducted a similar comprehensive review of High Fidelity's/Ceres' management, operations, and finance, as we began the integration of these assets into SLANG. New Jersey OpportunityFinally, in connection with a pre-existing agreement between High Fidelity and Woah Flow, Inc., who was provisionally awarded a medical cannabis license for Trenton, New Jersey in December 2021, the Company now possesses the rights to capitalize on a new business with potentially significant revenue opportunities. Completed share consolidationIn February 2022, we sought and gained shareholder approval, for a consolidation of our outstanding common shares (the "Common Shares") on the basis of one (1) share for every six (6) shares (the "Consolidation") to further support our efforts to improve shareholder value. The Consolidation was completed on February 28, 2022 and resulted in a total of approximately 70,409,448 Common Shares and 23,555,755 restricted voting shares being issued and outstanding. The Consolidation gives the enterprise a more manageable number of shares outstanding, while allowing for adequate daily trading volume. Deepened strategic partnership with Trulieve driving entry into new marketsAs previously disclosed, Trulieve Cannabis Corp. ("Trulieve"), in combination with two existing shareholders, Seventh Avenue and Pura Vida, entered a term-loan financing of $17.3 million USD in November 2021 supporting the Company's near and long-term transformation initiatives, as they related to the newly implemented strategic growth plan.In addition, the Company has partnered with Trulieve for entry into new and emerging markets such as Maryland, West Virginia, and other States. Conclusion In a very short amount of time, SLANG's management, and employees, working collaboratively, have formed a distinct focus on the Company's future success. We have made meaningful and significant progress transforming SLANG as we aim to capitalize on both current and future opportunities to generate stronger revenue growth, positive cash flow and profitability. We all would like to thank our shareholders for their continued support as we continue to position SLANG Worldwide as a leading CPG player in the cannabis industry. I look forward to speaking with you on our next earnings conference call in April. Sincerely, /s/ Drew McManigle Drew McManigleInterim Chief Executive Officer To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject. 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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. 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 press release include, but are not limited to, statements in respect of the Company's ongoing efforts to improve operational and financial efficiencies, the potential divestiture of licenses in Colorado and the expansion of the Company's operations in Vermont and New Jersey. 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 annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile 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. Media and Investor inquiriesInvestors@SLANGww.com KCSA Strategic CommunicationsPhil Carlson SLANG@kcsa.com

Toronto, Ontario - February 28, 2022 - SLANG Worldwide Inc. (CSE: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods ("CPG") company with a diversified portfolio of popular brands, announced today that, following approval by its shareholders at the Company’s special shareholder meeting held on February 18, 2022, the Company has implemented a consolidation (the "Consolidation") of its outstanding common shares ("Common Shares") and its outstanding restricted voting shares ("Restricted Shares", and together with the Common Shares, the "Shares") on the basis of one new Share for every six currently outstanding Shares. The effective date of the Consolidation is February 28, 2022.   Immediately prior to the Consolidation, a total of 422,457,742 Common Shares and 141,758,367 Restricted Shares were issued and outstanding. Immediately following the Consolidation, a total of approximately 70,409,448 Common Shares and 23,555,755 Restricted Shares are issued and outstanding. No fractional Shares were issued. Any fractional interest in Shares resulting from the Consolidation were rounded down to the nearest whole Share. SLANG expects trading of the Common Shares on a post-consolidation basis on the Canadian Securities Exchange and OTCQB will commence on or around market open on March 3, 2022. The new CUSIP number for the post-consolidated Common Shares is 831006309.   Letters of transmittal will be mailed to registered shareholders of the Company ("Shareholders") and registered Shareholders will be required to deposit their share certificate(s) or DRS statement(s), together with a duly completed letter of transmittal, with  Odyssey Trust Company, the Company's registrar and transfer agent. Non-registered Shareholders holding Shares through an intermediary (a securities broker, dealer, bank or financial institution) should be aware that the intermediary may have different procedures for processing the Consolidation than those that will be put in place by the Company for registered Shareholders. If Shareholders hold their Shares through intermediaries and have questions in this regard, they are encouraged to contact their intermediaries.   Outstanding stock options and Share purchase warrants will also be adjusted by the Consolidation ratio and the respective exercise prices of outstanding options and share purchase warrants will be adjusted accordingly.   Drew McManigle, Interim CEO and Chairman of SLANG said, "The share consolidation is strategically aligned with our mission to improve shareholder value as we continue to build our product portfolio in key markets throughout the U.S.  With our forward-thinking management team now in place, we are aggressively advancing our growth strategy that focuses on building our leadership position in our core markets to achieve profitable revenue growth. Our ability to scale our operations and efficiently meet consumer demand will serve to drive our success and deliver attractive returns for our shareholders going forward.”   To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject.   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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. 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 annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile 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. Media and Investor inquiries Investors@SLANGww.com KCSA Strategic Communications Phil Carlson SLANG@kcsa.com

Toronto, Ontario - (February 1, 2022) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (“CPG”) company with a diversified portfolio of popular brands, announces that Mr. Matt Fraser has resigned from the Board of Directors effective immediately, to fulfil his other business interests. The Board and management of SLANG intend to commence a search to identify qualified candidates to fill the vacancy.   Mr. Drew McManigle, Interim CEO and Chairman stated, “On behalf of the Board and management, I would like to take this opportunity to express our gratitude to Matt for his insight, expertise and contribution to the Company, we wish him the best in his future endeavors.”   To be added to SLANG’s email distribution list, please email SLNG@kcsa.com with “SLNG” in the subject.   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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. For more information, please visit www.slangww.com.   Media and Investor inquiries Investors@SLANGww.com   KCSA Strategic Communications Phil Carlson SLANG@kcsa.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 annual information form dated April 29, 2021 and other disclosure documents available on the Company’s profile 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.   Reader Advisory Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Chief Revenue Officer position eliminated helping to further streamline operations as the Company aims to reduce capital expenditures, improve operational effectiveness and achieve profitability.   Toronto, Ontario - (January 7, 2022) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (“CPG”) company with a diversified portfolio of popular brands, today announced it has eliminated the position of Chief Revenue Officer, effective as of January 14, 2022. The decision comes as a result of the steps taken to restructure the sales and marketing departments, as the Company furthers its efforts to improve operational efficiencies, drive future revenues, and reduce capital expenditures.   Drew McManigle, Interim CEO and Chairman said, “Since I joined in November, we have been reviewing the entire Company, with an aim to reposition SLANG as a highly effective, nimble organization. Following our internal review process, management has made the decision to restructure the sales and marketing departments, resulting in the elimination of the Chief Revenue Officer position. Through this restructuring, our main goal is to improve operational efficiencies, while positioning the Company for future revenue growth, and helping to drive shareholder value.” Mr. McManigle added, “We would like to thank Mr. Hilal Tabsh for his contributions while serving as Chief Revenue Officer and wish him the best in his future endeavors.”   Share Issuance   The Company also announces it has issued common shares for salary deferrals, agreed to in fiscal 2020 to conserve cash, to certain current and former executives: 377,825 common shares were issued to a former executive at a deemed price of $0.0920 per share; and 138,107 common shares were issued to current executives at a deemed price of $0.3258 per share. The shares are subject to hold periods expiring 4 months and 1 day from the date of issuance.   To be added to SLANG’s email distribution list, please email SLNG@kcsa.com with “SLNG” in the subject.   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. SLANG specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. For more information, please visit www.slangww.com.   Media and Investor inquiries Investors@SLANGww.com   KCSA Strategic Communications Phil Carlson SLANG@kcsa.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 annual information form dated April 29, 2021 and other disclosure documents available on the Company’s profile 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.   Reader Advisory Neither the Canadian Securities Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Toronto, Ontario--(Newsfile Corp. - November 24, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today released financial results for the three and nine months ended September 30, 2021. All figures in this press release are stated in Canadian dollars unless otherwise noted. Third Quarter Highlights and Subsequent Events: Revenue for Q3 2021 was $10.1 million, compared with $7.9 million in Q3 2020. Upon the completion of the acquisition of High-Fidelity, Inc. ("Hi-Fi") in August 2021, the Company realized approximately $1.1 million in revenue during the third quarter of 2021; SLANG's brands continued to earn market-leading positions in its Core Markets of Colorado and Vermont in the third quarter of 2021. Highlights include: O.pen ranked as the #1 vape cartridge in Colorado; Firefly Mini was the #6 and O.pen was the #5 disposable vaporizer in Colorado; Bakked was the #6 dabbable distillate in Colorado; District Edibles was the #12 gummy in Colorado; Pressies was the #6 pill in Colorado (Source: BDSA.) Cash and cash equivalents of $3.5 million as of September 30, 2021 as compared to $9.7 million at June 30, 2021. September cash balance is inclusive of $5.0 million of transaction costs paid at closing of the HiFi acquisition; In October, SLANG announced it will enter the new markets of West Virginia and Pennsylvania through its strategic partnership with Trulieve Cannabis Corp. ("Trulieve"); In November, Trulieve, Pura Vida Investments ("Pura Vida") and Seventh Avenue Investments ("Seventh Avenue") and certain other investors provided a term-loan financing for aggregate gross proceeds of $17.3 million USD; In November, Drew McManigle was appointed Interim CEO and Chairman of the Board as part of an executive management transition to strategically reposition SLANG for profitable revenue growth. Drew McManigle, Interim CEO and Chairman of SLANG, said, "With the significant support from our respected strategic and investor partners, I look forward to utilizing my extensive experience in repositioning corporate operations to assist in the transformation of the SLANG operating platform. This transformation will be based on a refined strategy to appropriately position the Company to achieve future sustainable revenue growth." Mr. McManigle continued, "During the third quarter, SLANG deepened its strategic partnership with Trulieve, expanding product availability into new markets exclusively through Trulieve retail locations, and further securing opportunities for additional revenue over the long-term. In the short time I've been appointed to manage the strategic transition and transformation of SLANG, we've made substantial progress in evaluating the go-forward structure, effectively executing prudent measures beginning with consolidating core market operations and refining our product mix. We are confident in our rightsizing agenda to create a future path to profitability, and ultimately deliver attractive returns to our shareholders." Operational Highlights and Growth Drivers: Subsequent to quarter end, SLANG completed a term-loan financing (the "Loan Transaction") agreement with its strategic partner Trulieve, a leading and top-performing cannabis company based in the United States, two existing significant shareholders of the Company, Seventh Avenue and Pura Vida , and certain other investors for aggregate gross proceeds of $17.3 million USD. Under the terms and conditions of the Loan Transaction, the Company is required to allocate a minimum of 50% of the aggregate proceeds to complete the development and integration of the Vermont operations, a Core Market in SLANG's transformational strategic growth plan, ensuring the revamped operational capabilities result in future profitable growth. Further to building out the Vermont operations, the Company will shift its focus to efficiently refining the product mix according to the state's most popular consumer preferences, as well as creating significant efficiencies across the financial and operational cycle. As part of the financing support provided by the Company's well-respected partners, the Board of Directors appointed Drew McManigle as Interim CEO and Chairman of the Board, to lead the reorganization strategy and transformation of SLANG. The Loan Transaction represents a firm vote of confidence from each of these esteemed partners in the ability of the new leadership team to lead SLANG through successful execution and further development of its re-designed transformational growth strategy. This strategy will be structured to achieve the primary long-term objective to generate profitable revenue growth and create value for all of its stakeholders. The shift in SLANG's Core Markets strategy will represent a significant component of SLANG's transformational strategic growth plan. Under the newly appointed leadership a redirection in the Company's focus on regions within the current platform that display strong consumer demand for the profitable cannabis brands in the Company's product portfolio. As a result, the Company has determined its Core Markets going forward will be tapered to Colorado and Vermont, where a properly executed growth strategy has the potential to produce a sustainable and profitable revenue stream. The ongoing consolidation process of the supply chain in the Core Market of Colorado, where the Company currently recognizes wholesale revenue from sales of its leading brands directly from retail channels, will create synergies and operating efficiencies to contribute to go-forward revenue recognition. As part of this process, SLANG will work toward further consolidating its manufacturing and distribution segments, and divesting several licenses in the state, as well as its cultivation facility. Relative to the Core Market of Vermont, the Hi-Fi acquisition, in conjunction with the significant Loan Transaction led by industry leading strategic partners and noteworthy shareholders, represents a catalyst for considerable growth opportunities as the Company continues its effort to capitalize on an integrated SLANG platform while strictly pursuing highly profitable lines of revenue. In conjunction with the Core Markets adjustment, the Company has made a strategic pivot and will reduce its largely unprofitable Oregon operations. The Company plans to wind down manufacturing operations of all SLANG branded THC products from the newly re-positioned Emerging Market of Oregon, yet maintains its presence in the state through the commercialization of its popular CBD Gummies, while searching for a strategic partner to license its THC products in this market. Similarly to the adjustments made to our Core Markets strategy, in order to generate future significant revenue growth, SLANG will review its current footprint of Emerging Markets and only pursue geographies that are expected to provide meaningful and profitable lines of revenue. SLANG's new leadership team will carefully evaluate cannabis market data, consumer demand and unit economics in alternative geographies and take an opportunistic approach to those with attractive performance, in order to realize maximum long-term profitability. In assessing potential entry into new markets, the Company will focus on new and existing strategic partnerships for an asset-light approach producing greater operating efficiency. A critical factor in SLANG's Emerging Markets adjustment strategy is the notable strategic partnership with Trulieve, which continues to provide the Company with significant growth opportunities in several markets. In addition to SLANG's product and brands available in all Trulieve retail location in the state of Florida during the third quarter of 2021, the Company has announced its expansion to include Trulieve retail locations in Massachusetts in July 2021, as well as additional entrances to the Pennsylvania and West Virginia markets in Q2 2022 and Q3 2022, respectively. Another element in the strategic transformation of the Company includes the new management team's proven methods to realize profitability. As part of this methodology, management will re-evaluate SLANG's product mix and retain the solid products in leading brands which generate the greatest unit economics. During the re-evaluation process, the Company will undergo an in-depth assessment of the full revenue lifecycle of the current brand and product portfolio, including packaging, raw product costs, distribution and marketing spend. The resulting data will enable the Company to identify opportunities for efficiency in order to streamline or rebuild our product portfolio. The Company's goal remains to ultimately generate profitable revenue dollars and products that generate minimal economics to the Company will be removed. Key Performance Indicators1 The Company showed meaningful growth with 896,694 Branded Units sold in the third quarter of 2021, an increase of 50% compared to 597,397 Branded Units sold in Q3 2020; and 70.4 million Branded Servings were sold in Q3 2021, an increase of 23% compared to 57.6 million Branded Servings sold in Q3 2020. Q3 2021 Branded Units and Servings included notable sales from the Emerging Market of California, marking the Company's re-entry into the state through its Strategic Partner, Natura. Branded Units and Branded Servings related to the Core Market of Vermont and the Hi-Fi acquisition are also included in the figures reported for the quarter ended September 30, 2021. Brand Leadership SLANG's brands continued to earn market-leading positions in its Core Markets in the third quarter of 2021. Highlights include: O.pen ranked as the #1 vape cartridge in Colorado and #14 in Oregon; Firefly Mini was the #6 and O.pen was the #5 disposable vaporizer in Colorado; Bakked was the #6 dabbable distillate in Colorado; District Edibles was the #12 gummy in Colorado; and Lunchbox Alchemy was the #14 gummy in Oregon; Pressies was the #6 pill in Colorado (Source: BDSA.) During Q3 2021, SLANG's Gross Merchandise Value(1) ("GMV"), representing the total retail dollar value of SLANG branded products sold through all existing SLANG sales channels, whether directly by SLANG or by one of SLANG's strategic partners, totaled $39,014,679. SLANG's Q3 product and licensing revenue of $10,073,442, as reported in its Q3 2021 financial statements, represents 25.8% of GMV. GMV is calculated by multiplying SLANG's number of branded products sold in a period by the MSRP of those products sold. Furthermore, the total percentage of GMV captured by SLANG is an important metric in assessing brand performance as it determines SLANG's proportion of total retail revenue captured. The Company will continue to focus on GMV going forward and initiatives that will help increase SLANG's percentage of GMV. Management expects the acquisition of HI-FI and a continued focus on ecommerce channels will have a meaningful impact on SLANG's percentage of GMV in the remainder of 2021 and in 2022. HI-FI's four retail locations in Vermont and direct to consumer sales via ecommerce will allow SLANG to recognize 100% of GMV on products sold via those channels. Third Quarter 2021 Financial Review The consolidated financial statements were prepared in accordance with IFRS. The following is selected presentation of the Income Statement for the quarter end September 30, 2021 3 months ended30-Sep-21 3 months ended30-Sep-20 (In thousands except per share data and percentages) CDN CDN Net Operating Revenue $10,099 $7,902 Cost of Goods Sold 6,478 3,939 Gross Profit Before Gain on Fair Value of Biological Assets 3,620 3,963 Realized fair value amounts included in inventory sold (385) - Unrealized gain on fair value of biological assets (257) - Gross Profit 3,493 3,963 Gross Profit Margin 35% 50% Operating expenses 11,476 9,692 Operating Loss (7,983) (5,729) Other items (Impairment, FV adjustment, FX, gains/losses, taxes, etc.) (2,290) 218 Total Comprehensive Income / (Loss) (5,693) (5,947) Earnings Per Share     Basic ($0.01) ($0.02) Diluted ($0.01) ($0.02)   The Company reported $3.5 million of cash and cash equivalents at September 30, 2021, compared to $6.5 million at December 31, 2020, and $9.7 million at June 30, 2021.The decrease in cash and cash equivalents as of September 30 is primarily due to $5 million of transaction expenses related to the Hi-Fi acquisition. Non-IFRS Measures EBITDA, Adjusted EBITDA, Adjusted Gross Profit, Adjusted Gross Profit Margin, Gross Merchandise Value, Branded Unit volume and Branded Servings volume 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 impact of unrealized fair values, share based compensation expense, impairments, one-time gains and losses, and one-time revenues and expenses. Management defines Adjusted Gross Profit and Adjusted Gross Margin as gross profit and gross margin adjusted for inventory fair value adjustments and fair value changes of biological assets. Gross Merchandise Value is defined as the total retail dollar value of SLANG branded products sold through all existing SLANG sales channels, whether directly by SLANG or by one of SLANG's strategic partners. See the heading "Key Performance Indicators" in the Company's management's discussion and analysis for the three months ended September 30, 2021 (the "Q3 2021 MD&A") for a description of how each of Branded Unit volume and Branded Servings volume is calculated. This data is furnished to provide additional information and are non-IFRS measures and do not have any standardized meaning prescribed by IFRS. The Company uses these non-IFRS measures to provide shareholders 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 determining net loss as an indicator of operating results, or as a substitute for cash flows from operating and investing activities. 3 months ended30-Sep-21 3 months ended30-Sep-20 (In thousands except per share data and percentages) CDN CDN Total Comprehensive Income (Loss) ($5,693) ($5,947) EBITDA (5,859) (4,111) Adjusted EBITDA (1,974) 57   See the Q3 2021 MD&A for a detailed reconciliation of EBITDA and Adjusted EBITDA to Operating Income / (Loss). SLANG's financial statements and the Q3 2021 MD&A are available on SEDAR at www.sedar.com, and on the Company's Investor Relations website at www.slangww.com. Conference Call Details Management plans to host an investor conference call today, November 24, 2021, at 10:00 am EST to discuss the results. Timing: Wednesday, November 24, 2021 at 10:00 am EST Dial-in: +1.888-440-5983 (US toll-free) or +1.646-960-0202 (US toll) or for a list of international toll-free options click here Conference ID: 6291438 Webcast: A live webcast can be accessed from the Investors section of Company's website at www.slangww.com or at this link. A replay of the webcast will be archived on the Company's website for one year.   Grant of Stock Options The Company also announces that it has granted stock options to acquire up to 1,230,000 common shares to certain employees, 250,000 of which were granted to a director of the Company. The stock options are exercisable at a price of $0.12 per common share until November 24, 2026. 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. For more information, please visit www.slangww.com. To be added to SLANG's email distribution list, please email SLNG@kcsa.com with "SLNG" in the subject. 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 included in this news release include, but are not limited to, statements in respect of the manufacture and distribution of SLANG branded products in our Core Markets and Emerging Markets and the anticipated use of proceeds from the Loan Transaction. 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 annual information form dated April 29, 2021 and other disclosure documents available on the Company's profile 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. Third Party Information This press release includes market and industry data that has been obtained from third party sources, including industry publications. The Company believes that the industry data is accurate and that its estimates and assumptions are reasonable, but there is no assurance as to the accuracy or completeness of this data. Third party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there is no assurance as to the accuracy or completeness of included information. Although the data is believed to be reliable, the Company has not independently verified any of the data from third party sources referred to in this press release or ascertained the underlying economic assumptions relied upon by such sources. Media and Investor InquiriesInvestors@SLANGww.com KCSA Strategic CommunicationsPhil CarlsonSLANG@kcsa.com