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Revenue of $9.7 million in Q4 2020, a 22% increase over Q3 2020 and an 11% increase over Q4 2019 Cash and cash equivalents of $6.5 million at year-end; $12.4 million[1] as of March 31, 2021 Q1 2021 revenue expected to be approximately $9.9 million, a 112% increase compared with $4.7 million in Q1 2020* Strong brand performance, with approximately 706,437 branded units sold in Q4 2020 (a 22% increase over Q4 2019), containing over 56 million branded servings in Q4 2020 (a 17% increase over Q4 2019)[2] Re-entered California market through strategic partnership with Natura Life + Science, products expected to be available in Q2 2021 Re-entered Massachusetts markets through strategic partnership with Trulieve Cannabis Corp., products expected to be available in Q3 2021 Toronto, Ontario--(Newsfile Corp. - April 29, 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 audited financial results for the full year and three months ended December 31, 2020. The Company previously announced preliminary results for the same periods on April 6, 2021. All figures in this press release are stated in Canadian dollars unless otherwise noted. Key Financial and Operational Highlights Financial Highlights: Revenue for full year 2020 was $26.8 million, compared with $29.2 million in FY 2019. Revenue for the fourth quarter of 2020 was $9.7 million, an increase of 22% compared to Q3 2020 revenue of $7.9 million and an increase of 11% compared to $8.7 million in Q4 2019. The primary driver of sequential growth was a rebound in demand in the Company's core markets of Colorado and Oregon. Similar strength in the Company's emerging markets also contributed to sequential growth, as did the successful launch of new products including Lunchbox Alchemy CBD. Gross profit of $12.8 million (48% gross margin) in FY 2020, compared with $13.1 million (45% gross margin) in FY 2019. Gross profit of $3.2 million (33% gross margin) in Q4 2020, compared with $5.5 million (63% gross margin) in Q4 2019. The decrease in margin is a result of two key drivers: i) product mix as the Company increased sales through its emerging markets and ii) due to not fully consolidating the economics of our Colorado manufacturing partner until January 1, 2021, our Q4 cost of goods sold reflect finished product purchases at wholesale prices rather than manufacturers cost. The Company identified and recognized annualized savings of approximately $8.5 million. Adjusted EBITDA (LBITDA) of ($5.5 million) in FY 2020, compared with ($5.6 million) in FY 2019. Adjusted EBTIDA (LBITDA) of ($1.1 million) in Q4 2020, compared with ($1.5 million) in Q4 2019. Total Comprehensive Loss of $34 million in Q4 2020, compared with $208 million in Q4 2019. Total Comprehensive Loss for FY 2020 was $15 million, compared with $202 million in FY 2019. $6.5 million of cash and cash equivalents at December 31, 2020, compared to $8.9 million at December 31, 2019. Subsequent to the quarter end, the Company completed a private placement for $11.9 million. Unaudited cash and cash equivalents were $12.4 million as of March 31, 2021. Unaudited Q1 2021 revenue is expected to be approximately $9.9 million, a 112% increase compared with $4.7 million in Q1 2020* Chris Driessen, CEO of SLANG, said, "We demonstrated growth, with fourth quarter revenue of $9.7 million, a 22% increase over $7.9 million in Q3 2020 and an 11% increase over $8.7 million in Q4 2019. This strong fourth quarter performance followed a year of corporate repositioning to implement a capital efficient and scalable strategy to drive improved topline and bottom-line results. This included the decision to reposition California as an emerging market, not a core market, and other cost reductions implemented over several quarters. While this strategy resulted in lower revenues in the start of the year as we scaled down certain operations, it enabled us to significantly reduce our cost base, streamline operations, and establish a leaner, more efficient business. In the second half of the year, it started to pay off and we generated higher sales, primarily driven by our assets in the core Colorado and Oregon markets. We are very pleased with this progress, and expect to see a continued improvement in our financial results throughout 2021. "The growth strategy in our core markets of Colorado and Oregon is centered around continuing to build the market share of our brands and consolidating supply chain assets in order to strengthen unit economics. To achieve this, we will continue to vertically integrate the supply chain to include cultivation, manufacturing, distribution and wholesale. In Colorado, our acquisitions of Peoria Partners (now renamed Slang Colorado Distribution or SCD), and Pleasant Valley Ranch (now renamed Slang Colorado Cultivation or SCC), and in Oregon our acquisition of LBA Global Corporation, are enabling us to recognize higher topline, wholesale revenue. With the consolidation of these supply chain assets, together with the pending acquisition of Allied Concessions Group, Inc. ("ACG") once closed, we also expect to see stronger gross margins in 2021 when compared to Q4 2020. "As part of our cost reduction strategy, we pivoted our core markets of California, Massachusetts and Michigan to become emerging markets via our asset-light strategy of forming strategic partnerships with top operators in these states. Emerging market sales are expected to continue to increase as we drive brand value creation and expand our presence in these markets. During the year, we made strong progress executing against this strategy by signing agreements with partners including Trulieve, Natura Life + Science and Gage Cannabis. These are expected to further improve our brand performance by expanding our product distribution and driving Branded Units and Branded Servings. Mr. Driessen concluded, "We entered 2021 with very strong operations to accelerate our growth. Going forward, SLANG will be fully consolidating the economics of our recent acquisitions. Subsequent to the year end, we closed a private placement for $11.9 million, which provides us with the financial flexibility to execute against our growth strategy, including expansion into new states, and build value for shareholders." Operational Highlights and Growth Drivers Path to Profitability: The Company made strong progress throughout the year accelerating its path to profitability by identifying cost-reduction opportunities, including a rebalancing of the workforce and continued optimization of SLANG Network relationships, and consolidating its supply chain assets. This is reflected in the significantly improved net loss for FY 2020 and Q4 2020, when compared with the same periods in the prior year. As of January 1st the Company will be consolidating the economics of ACG. Strategic Partnerships & Emerging Market Expansion: The Company is continuing to recalibrate or strengthen relationships in emerging markets to provide for sustainable and profitable growth. Recent highlights include: California: In 2020, the Company made the decision to reposition its focus from a core market to an emerging market, in order to reduce costs and streamline operations. In the fourth quarter, the Company entered into a Strategic Partnership with Natura Life + Science ("Natura"). This partnership allows the Company to re-enter the California market in a profitable way. The size and scope of the infrastructure at Natura's Sacramento facility allows for multiple product lines to be produced in volumes sufficient to support the California market, the largest in the United States. Products, beginning with District Edibles (the previous best-selling gummy in CA), are expected to be available in Q2 2021. Massachusetts: The Company re-entered the Massachusetts market through its Strategic Partnership with Trulieve Cannabis Corp. ("Trulieve") to supply branded products, which was signed in the third quarter. This is the second market in which SLANG and Trulieve will partner, building on the success that both companies have enjoyed in the Florida market. Massachusetts will mark the first time that both companies can partner on wholesale initiatives, which is a SLANG core competency. Products are expected in summer 2021. Florida: SLANG products continue to be sold at all 81 Trulieve locations in Florida. The Company has added O.pen Cured Resin and Firefly Dry Herb Vaporizers to its Florida portfolio. The Company expects District Edibles gummies in sweet and sour formulations to launch in Q2 2021. Branded Unit Sales increased by 4,832 to 103,232 in Q4 2020 compared with 98,400 in Q4 2019; Branded Servings Volume increased by 35,040 to 7,235,040 in Q4 2020 compared with 7,200,000 in Q4 2019. Michigan: SLANG's Strategic Partnership with Gage Growth Corp., signed in Q2 2020, is expected to bring branded products to the Michigan market in Q3 2021. Oklahoma: SLANG products are now available in over 90 stores in the Oklahoma market. District Edibles gummies in both sweet and sour formulations are now available in the state. O.Pen Cured Resin is also set to launch in Oklahoma in Q2 2021. Canada: SLANG's minority-owned licensed producer, Agripharm Corp. began selling branded products in British Columbia and also signed a supply agreement with the Province of Ontario. Subsequent to quarter end, the Company's O.pen and Firefly Mini line of products became available in Ontario. The Firefly Mini is one of the top selling disposable vapes in Ontario per the OCS. Key Performance Indicators: Excluding California, the Company showed considerable growth. 706,437 Branded Units were sold in Q4, an increase of 22% compared with 578,341 Branded Units sold in Q4 2019; and 56 million Branded Servings were sold in Q4 2020, an increase of 17% compared with 48 million Branded Servings sold in Q4 2019. Including California, 708,752 Branded Units sold in Q4 2020, compared with 821,962 Branded Units sold in Q4 2019; 56 million Branded Servings sold in Q4 2020, compared with 60 million Branded Servings sold in Q4 2019. The decline in volumes in 2020 compared with 2019 was due to the Company's decision to pivot California to an emerging market, as part of its strategy to refocus operations and improve its cost structure. The Company expects to re-enter California in Q2 2021 with its strategic partnership with Natura. In markets where units are down but servings are up, this generally is a result of consumer preference shifting from .5g carts to 1g carts, which contain a higher number of servings. Product Diversification: The Company brought new product SKUs to market in 2020 through the launch of additional brands in new product verticals and the expansion of existing product lines, including introducing Bakked Gyro live resin dabbing solution in the fourth quarter. This follows the introduction of O.pen Live Resin cartridges to the Colorado market. Subsequent to the quarter end, the Company entered into a strategic partnership to manufacture and distribute cannabis products for Flower by Edie Parker. The SLANG-manufactured products launched in Colorado in early 2021, with the potential to expand into additional markets over time. Brand Leadership: SLANG's brands continued to earn market-leading positions in its core markets in the fourth quarter of 2020. Highlights include: O.pen ranked as the #1 vape cartridge in Colorado for the sixth year running and #12 in Oregon; Firefly Mini was the #4 disposable vaporizer in Colorado; Bakked was the #6 dabbable distillate in Colorado; District Edibles was the #13 gummy in Colorado; Lunchbox Alchemy was the #9 gummy in Oregon; Pressies was the #4 pill in Colorado. (Source: BDSA.) Fourth Quarter Corporate Development Update In late 2020, SLANG's business model considerably shifted and simplified due to the successful execution of its strategy to consolidate its network of licensed cannabis cultivators, manufacturers, distributors and e-commerce distribution platforms in its core markets of Colorado and Oregon. On October 1, 2020, SLANG completed its acquisition of LBA Global Corporation ("LBA") and its Lunchbox Alchemy brand portfolio and subsidiary Lunchbox Distribution. LBA is engaged in the business of developing and manufacturing edible and consumable products in the recreational and medical cannabis in Oregon along with national distribution of CBD products which can be found in over 600 stores across the US. On December 22, 2020, the Company acquired 100% of the issued and outstanding equity interests of Colorado-licensed cannabis cultivator Pleasant Valley Ranch, LLC ("Pleasant Valley") for a non-material amount of cash and 500,000 restricted voting shares of the Company. Pleasant Valley's operations are located in Carbondale, Colorado and specialize in high quality, organically grown cannabis strains that thrive in high altitude, mountainous environments. These acquisitions follow the acquisition of the licensed cannabis producer and distributor, Peoria Partners LLC ("Peoria") in Q3 2020. Peoria is the state-licensed manufacturer and distributor of SLANG's District Edibles brand in Colorado. The Company intends to continue to use Peoria's Denver facilities for the manufacture of District Edibles and for the distribution of the full suite of SLANG-branded products within Colorado. The Company renamed the entity to Slang Colorado Distribution Inc. The Company also acquired the assets of Cultivate Brands Corp ("Cultivate") in the second quarter of 2020, a company with a strong cash position and other complementary assets. Full Year 2020 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, 2020:    3 monthsended31-Dec-20 3 monthsended31-Dec-19 12 monthsended31-Dec-20 12 monthsended31-Dec-19 (In thousands except per share data and percentages) CDN$ CDN$ CDN$ CDN$ Net Operating Revenue              $9,658             $8,716 $26,820 $29,229 Cost of goods sold*               6,524                3,253              14,028              16,094 Gross profit before gain on fair value of biological assets 3,134 5,463 12,792 13,135 Unrealized gain on changes in fair value of biological assets  30 -  30 - Gross Profit 3,164       5,463 12,822 13,135 Gross Profit Margin 33% 63% 48% 45% Operating expenses 6,493 32,814 35,645  72,811 Operating Loss (3,329) (27,351) (22,823) (59,676) Impairment 4,122 128,625 4,122 223,991 Share of loss of investment 254 1,633 2,023 2,174 Financing cost and FV adjustment 27,074 78,456 (12,271) (51,556) Unrealized exchange gain 1,995 1,234 802 467 Gain (loss) on sale of capital assets 5 - (406) - Gain on bargain purchase - - (397) - Income (Loss) Before Income Taxes (36,779) (237,299) (16,696) (234,752) Income taxes 3 22 3 41 Deferred taxes (recovery) (2,638) (29,926) (2,638) (34,456) Net Income (Loss) For Period (34,144) (207,395) (14,061) (200,337) Exchange on translation of foreign operations (354) (393) (531) (1,811) Total Comprehensive Loss ($34,498) ($207,788) ($14,592) ($202,148) Earnings Per Share                   Basic               (0.09)               (0.78)               (0.04)               (0.87)           Diluted               (0.09)               (0.78)               (0.04)               (0.87)   Gross Margin Below is the gross profit margin from operations for the year ended December 31, 2020:    3 months ended31-Dec-20 3 months ended31-Dec-19 12 months ended31-Dec-20 12 months ended31-Dec-19 (In thousands except per share data and percentages) CDN CDN CDN CDN Net Operating Revenue $9,658 $8,716 $26,820 $29,229 Cost of goods sold  6,524  3,253  14,028  16,094 Inventory fair value adjustment - - -  (2,419) Unrealized gain on changes in fair value of biological assets (30) - (30) - Adjusted Gross Profit $3,164 $5,463 $12,822 $15,554 Adjusted Gross Margin 33% 63% 48% 53%   Non-IFRS Measures EBITDA, Adjusted EBITDA, Adjusted Gross Profit, Adjusted Gross Profit Margin, 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. See the heading "Operations Overview - Branded Volume" in the Company's management's discussion and analysis for the year ended December 31, 2020 (the "2020 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 ended31-Dec-20 3 months ended31-Dec-19 12 months ended31-Dec-20 12 months ended31-Dec-19 (In thousands except per share data and percentages) CDN CDN CDN CDN Total Comprehensive Income (Loss) ($34,498) ($207,788) ($14,592) ($202,148) EBITDA (1,532) (21,607) (16,228) (38,646) Adjusted EBITDA (1,108) (1,546) (5,526) (5,575)   See the Company's 2020 MD&A for a detailed reconciliation of EBITDA and Adjusted EBITDA to Operating Income / (Loss). SLANG's financial statements for the year ended December 31, 2020 and the 2020 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, April 29, 2021, at 10:00 am EDT to discuss the results. Timing: Thursday, April 29, 2021 at 10:00 am EDT Dial-in: +1.844-200-6205 (U.S. toll free) or +1.646-904-5544 (U.S. local) or +44.208-0682-558 (international) Access Code: 071910 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.   Notes:*These preliminary and unaudited financial results are subject to customary financial statement procedures by the Company. Actual results could be affected by subsequent events or determinations. While the Company believes there is a reasonable basis for these preliminary financial results, the results involve known and unknown risks and uncertainties that may cause actual results to differ materially. These preliminary fiscal results represent forward-looking information. See "Forward-Looking Statements" and "Financial Outlook". Media and Investor Inquiries Investors@SLANGww.com KCSA Strategic Communications Phil Carlson / Elizabeth BarkerSLANG@kcsa.com 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. Forward-Looking StatementsThis news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements included in this news release include, but are not limited to, statements in respect of the Company's expected performance in Q1 2021, the distribution of the Company's branded products in emerging markets, the proposed acquisition of ACG and ongoing consolidation of its supply chain in core markets and the impact thereof. 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 13, 2021and "Risks and Uncertainties" in the 2020 MD&A and other disclosure document 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. Financial Outlook This news release contains a financial outlook within the meaning of applicable Canadian securities laws. The financial outlook has been prepared by management of the Company to provide an outlook for the first quarter of 2021 and may not be appropriate for any other purpose. The financial outlook has been prepared based on a number of assumptions including the assumptions discussed in this press release and assumptions with respect to market conditions, pricing, and demand. The actual results of the Company's operations for any period will likely vary from the amounts set forth in these projections and such variations may be material. The Company and its management believe that the financial outlook has been prepared on a reasonable basis. However, because this information is highly subjective and subject to numerous risks, including the risks discussed under the heading "Forward-Looking Statements", it should not be relied on as necessarily indicative of future results. Third Party Information This news 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. [1] Unaudited[2] Branded Units Sold and Branded Servings exclude sales in the California market, which the Company exited in 2020.

Toronto, Ontario--(Newsfile Corp. - April 22, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced details of its planned release of full year 2020 financial results and conference call. The company expects to release its financial results for the twelve months ended December 31, 2020 before markets open on April 29, 2021. Management plans to host an investor conference call that same day at 10:00 am EDT to discuss the results. Conference Call Details Timing: Thursday, April 29, 2021 at 10:00 am EDT Dial-in: +1.844-200-6205 (U.S. toll free) or +1.646-904-5544 (U.S. local) or +44.208-0682-558 (international) Access Code: 071910 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.   Media and Investor Inquiries Investors@SLANGww.com KCSA Strategic Communications Phil Carlson / Elizabeth BarkerSLANG@kcsa.com 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. Forward-Looking StatementsThis news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, 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 for the year ended December 31, 2019 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 11, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, wishes to announce that it now expects to release its financial results for the three and twelve months ended December 31, 2020 before markets open on April 29, 2021. The Company will host a conference call for the investment community that morning to discuss the financial results and provide an operational update. The Company also wishes to clarify certain disclosure in its news release titled "SLANG Worldwide Announces Selected Preliminary Fourth Quarter and Full Year 2020 Financial Results and Corporate Updates" dated April 6, 2021 (the "April 6 News Release"). In the April 6 News Release, SLANG provided certain preliminary financial results for the three and twelve months ended December 31, 2020 with respect to revenue and Adjusted EBITDA (the "Preliminary Results"). The Company wishes to clarify that the Preliminary Results were preliminary unaudited financial results that are subject to customary financial statement procedures by the Company. Accordingly, actual results could be affected by subsequent events or determinations. While the Company believes there is a reasonable basis for the Preliminary Results, such results involve known and unknown risks and uncertainties that may cause actual results to differ materially. The Company also wishes to clarify that Adjusted EBITDA is a non-IFRS (as defined herein) financial measure that the Company uses to assess its operating performance. Management defines Adjusted EBITDA as net earnings (loss) before net finance costs, income tax expense (benefit) and depreciation and amortization expense 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. This data was furnished to provide additional information and is a non-IFRS measure and does not have any standardized meaning prescribed by International Financial Reporting Standards ("IFRS"). The Company uses this non-IFRS measure 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 this non-IFRS measure in the evaluation of companies, many of which present similar metrics when reporting their results. As other companies may calculate non-IFRS measures differently than the Company, these metrics may not be comparable to similarly titled measures reported by other companies. Accordingly, 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. There are important components of Operating Income / (Loss) that are currently in process of determination. Therefore, a reconciliation of the range of Adjusted EBITDA to Operating Income / (Loss) cannot be provided at this time. A full reconciliation of Adjusted EBITDA to Operating Income / (Loss) will be provided when actual results are released. Please refer to the Company's management's discussion & analysis for the three and nine months ended September 30, 2020 available on SEDAR at www.sedar.com, and on the Company's Investor Relations website at www.slangww.com for additional discussion of non-IFRS measures and their reconciliations The Preliminary Results represent forward-looking information. Please see "Forward-Looking Statements" and "Financial Outlook" in this news release. These clarifications do not change any other information contained in the April 6 News Release. 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. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release and the April 6 News Release include, but are not limited to, statements regarding the Company's expected performance for the three and twelve months ended December 31, 2020, including with respect to revenue and Adjusted EBITDA. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2019 and three and nine months ended September 30, 2020 and other disclosure document 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. Financial Outlook This news release and the April 6 News Release contain a financial outlook within the meaning of applicable Canadian securities laws. The financial outlook has been prepared by management of the Company to provide an outlook for the three and twelve months ended December 31, 2020 and may not be appropriate for any other purpose. The financial outlook has been prepared based on a number of assumptions including the assumptions discussed under the heading "Forward-Looking Statements" above and assumptions with respect to market conditions, pricing, and demand. The actual results of the Company's operations for any period will likely vary from the amounts set forth in these projections and such variations may be material. The Company and its management believe that the financial outlook has been prepared on a reasonable basis. However, because this information is highly subjective and subject to numerous risks, including the risks discussed under the heading "Forward-Looking Statements" above, it should not be relied on as necessarily indicative of future results. Media and Investor inquiriesInvestors@SLANGww.comKCSA Strategic CommunicationsPhil Carlson / Elizabeth BarkerSLANG@kcsa.com

Toronto, Ontario--(Newsfile Corp. - April 6, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today issued preliminary, unaudited, selected financial results for the full year and three months ended December 31, 2020 as well as commentary on the current business environment and outlook. All figures in this press release are stated in Canadian dollars unless otherwise noted. Preliminary 2020 Financial Results Full-year 2020 revenue of $26,819,576. Fourth quarter 2020 revenue of $9,657,645 $6,476,873 of cash and cash equivalents at December 31, 2020 Adjusted EBITDA loss in a range of ($900,000) to ($1,400,000) The Company expects to file its combined Q4 and FY2020 Financial results on or about April 30, 2021, followed by an investor conference call Subsequent Corporate Highlights The Company has announced that it has entered into a strategic partnership with Snowcrest LLC ("Snowcrest"), a cultivator and processor in Vancouver, WA, to bring SLANG's cannabis products to consumers and patients in Washington. As part of this partnership, Snowcrest will manufacture SLANG branded products and SLANG's sales and marketing teams will work to place these products in dispensaries across the state. The agreement follows a royalty-based payment structure. In addition, Dolce Foglia, LLC,a full-service flavor house catering to the growing food & beverage industries, is also a partner in the Washington license. The Company has announced that it expects to launch District Edibles by May 2021, a new line of SLANG products that will be available in the State of Florida with seven SKUs. Management Commentary: Chris Driessen, CEO of SLANG, said, "In 2020 Slang became a stronger, more vibrant business as we integrated companies, signed new strategic partnerships and continued to grow our brands. We are now a plant touching company, which is in the early phases of providing more meaningful revenue and the opportunity to generate profit in the coming quarters. In Q4, we generated solid results to cap off our year and set the stage for a promising 2021. Forming strong partnerships is a crucial element of our growth strategy and we are delighted to partner with Snowcrest, one of the premier cultivators and processors in the state. This partnership provides us with the opportunity to expand the supply of our expansive and unique portfolio of branded cannabis products to reach a greater number of consumers and build brand recognition in the state." Q4 HIGHLIGHTS: SLANG Worldwide Completes Acquisition of Oregon's LBA Global CorporationSLANG completed its previously announced acquisition of LBA Global Corporation and its Lunchbox Alchemy brand portfolio and subsidiary Lunchbox Distribution.Learn More SLANG Worldwide Introduces New "Gyro" Dabbing Product SLANG launched a new concentrate product called the Gyro. The latest addition to SLANG's Bakked product line, the Gyro is the first spill-proof, gyroscopic container for live resin concentrates used for dabbing.Learn More SLANG Worldwide Partners with Natura to bring Leading Portfolio of Cannabis Brands to CaliforniaSLANG and Natura Life + Science, entered a strategic partnership to introduce SLANG-branded products to consumers in California.Learn More SLANG Worldwide Products Available in British ColumbiaSLANG's O.pen line of products is now available in British Columbia.Learn More SLANG Worldwide Chooses Colorado, the Epicenter of Cannabis, for ExpansionSLANG has selected Colorado for its expanded production.Learn More SLANG Worldwide Products Available in Ontario, CanadaSLANG's O.pen and Firefly Mini line of products are now available in Ontario.Learn More SLANG Worldwide Partners With Flower By Edie Parker to Manufacture and Distribute Cannabis ProductsSLANG has entered into a strategic partnership to manufacture and distribute cannabis products for Flower by Edie Parker.Learn More SLANG Worldwide Announces Closing of Pleasant Valley Ranch AcquisitionSLANG has closed its previously announced acquisition of Colorado-licensed cannabis cultivator Pleasant Valley Ranch.Learn More SLANG Worldwide Provides Update on its Pending Acquisition of Allied Concessions GroupSLANG has entered into a definitive agreement and plan of merger with respect to its previously announced proposed acquisition of Allied Concessions Group Inc.Learn More 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. 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. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include, but are not limited to, statements regarding the completion of the Acquisition. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2019 and six months ended June 30, 2020, 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. Media and Investor inquiriesInvestors@SLANGww.comKCSA Strategic CommunicationsPhil Carlson / Elizabeth BarkerSLANG@kcsa.com

Premium cannabis oil cartridges meet affordability with the new Daily strains from O.pen. This is why O.pen (formally O.penVAPE) made it number one on our list. The company has a long history of consistently upgrading its products to give customers an incredible experience every time. They have a variety of products, from distillate carts to live resin carts to suit consumer preferences. They also have nearly 40,000 Instagram followers and display a bunch of their products on there. Read More On International High Life

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Toronto, Ontario--(Newsfile Corp. - March 2, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced that it has signed a strategic partnership agreement with Avér Skin ("Avér") to manufacture, co-package and distribute cannabis-based skincare products. Avér was founded by a team of pioneering experts in the fields of premium skincare, cannabis and advanced scientific research, and aims to unlock the full potential of cannabinoid skincare. As part of the agreement, SLANG will produce THC-infused topical skincare creams for Avér on a co-packing basis, as well as distribute products through its network partners. This strategic partnership demonstrates the value of SLANG's manufacturing and distribution capabilities within the cannabis CPG marketplace. Tobias Ripsom, Chief Executive Officer of Avér Skin said, "We believe that cannabinoids have the properties to promote healthy, beautiful skin, alleviate discomfort, and catalyze healing. Our products are formulated and manufactured to meet the industry's highest ethical and quality standards. Partnering with SLANG will strengthen our ability to execute this vision and bring our innovative products to the Colorado market in 2021." The SLANG-manufactured line of skincare products is expected to launch in Colorado in early 2021, with the potential to expand into additional markets over time. "We have been impressed with the Avér Skin team's innovative product offerings and unique approach to wellness," said Chris Driessen, Chief Executive Officer of Slang. "This is yet another example of SLANG forming a strategic partnership that leverages our manufacturing and distributing capabilities for the mutual benefit of both entities." This is SLANG's most recent agreement with a third-party brand, as the Company continues to build its best-in-class distribution network and ability to manufacture branded products across multiple markets and categories. Contact Media: Slang@kcsa.com Investors:Investors@SLANGww.com

Toronto, Ontario--(Newsfile Corp. - February 25, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, today announced its best-selling CBD gummies, Lunchbox Alchemy CBD are now available for purchase online via the Company's newly launched e-commerce platform. Founded in 2014, Lunchbox Alchemy CBD has become one of SLANG's most popular products, sold in over 600 stores across 40 states. Lunchbox Alchemy's e-commerce store will meet the needs of a wider customer base through its digital marketing efforts and by reaching consumers directly. The launch of the e-commerce store is particularly timely, with CBD sales projected to reach $22B by 2022, according to research from Brightfield Group. Chris Driessen, CEO of SLANG, said, "With the introduction of our new e-commerce platform, SLANG can interact directly with end consumers, starting with our Lunchbox Alchemy CBD gummies. Online CBD sales is a new revenue channel for our company and allows us to capture improved unit economics." The vegan gummies are infused with Full-Spectrum Hemp Extract derived from Oregon-grown hemp and crafted with organic and all-natural ingredients. Four varieties of gummies, including Daily Full Spectrum; Relief Full Spectrum; Sleep Full Spectrum and THC-Free Broad Spectrum, are now available for online purchase at https://lunchboxalchemycbd.comin several mixed-fruit flavors of pineapple, strawberry, and black raspberry. Dosing is available in a 25mg/gummy per serving or a double strength 50mg/gummy per serving. Production and fulfillment of all e-commerce orders will be handled in-house through SLANG's Oregon and Colorado infrastructure that has been acquired in recent months. 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. 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. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include, but are not limited to, statements regarding the completion of the Acquisition. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2019 and six months ended June 30, 2020, 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. Media and Investor inquiriesInvestors@SLANGww.com KCSA Strategic Communications Phil Carlson / Elizabeth BarkerSLANG@kcsa.com

Toronto, Ontario--(Newsfile Corp. - February 9, 2021) - SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) ("SLANG" or the "Company"), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands, is pleased to report that its previously announced private placement (the "Financing") was met with strong institutional investor demand and was oversubscribed, to $11.9 million. All figures in this press release are stated in Canadian dollars unless otherwise noted. "We are pleased to close this financing, with strong demand from both new and existing institutional investors, on favourable terms to our shareholders. This institutional participation further strengthens our balance sheet and shareholder base. This transaction comes at an important juncture in our growth, as we prepare to accelerate our expansion strategy into new states," said Peter Miller, co-founder and Executive Chairman of Slang Worldwide. The Company issued an aggregate of 31,206,561 common shares of SLANG ("SLANG Shares") at a price of $0.38 per SLANG Share, a 5% discount to the close on Friday, January 29, 2021, for aggregate gross proceeds of $11,858,493. The Company intends to use the proceeds of the Financing to support strategic growth opportunities, including expansion into new states with a near-term focus on Virginia and Missouri. All SLANG Shares issued pursuant to the Financing are subject to a statutory hold period of four months and one day. To be added to SLANG's email distribution list, please email investors@slangww.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. 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. Forward-Looking Statements This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward-looking statements in this news release include, but are not limited to, SLANG's intended use of proceeds from the Financing. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of SLANG at this time, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies that could cause actual results to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to regulatory risks, risks related to the COVID-19 global pandemic, changes in laws, resolutions and guidelines, market risks, concentration risks, operating history, competition, the risks associated with international and foreign operations and the other risks identified under the headings "Risk Factors" in SLANG's final long form prospectus dated January 17, 2019 and "Risks and Uncertainties" in the management discussion and analysis for the year ended December 31, 2019 and nine months ended September 30, 2020, 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. 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 Carlson / Elizabeth BarkerSLNG@kcsa.com