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SLANG Worldwide

Full company profile

uuid0005vc3

Namestring
SLANG Worldwide
Legal namestring
SLANG Worldwide Inc.
Websiteurl
slangww.com
Company typeenum
Private
Founded yearint
2017
Descriptiontext

SLANG Worldwide is a consumer-packaged-goods company operating in the regulated cannabis sector, offering a portfolio of branded cannabis consumer products distributed primarily across North America. The company was founded in 2017, is domiciled in Toronto, Canada, and trades publicly on the Canadian Securities Exchange (CNSX:SLNG). Its business model centers on acquiring, building, and distributing branded cannabis products through retail dispensary channels, including a strategic focus on the Vermont market in partnership with Trulieve Cannabis Corp. Following the October 2020 acquisitions of Lunchbox Alchemy and LBA Global Corporation, the company extended both its U.S. operational footprint and its branded product line.

The company's go-to-market relies on multi-state and Canadian retail distribution relationships, regulatory licensing infrastructure (including SEC Rule 506(b) capability for cross-border capital raising), and brand-portfolio management. The investor base has been broadened through a mix of strategic investors (Trulieve, Pura Vida Investments, Seventh Avenue Investments) and a 2021 Rule 506(b) crowdfunding offering. As of late 2021, leadership transitioned with Drew McManigle appointed as interim CEO and Chairman to oversee the company's growth strategy and Vermont-focused expansion.

Financially, SLANG has reported persistent operating losses across the 2019-2023 period, with EBITDA losses narrowing materially from deeply negative levels in 2019-2020 to a single-digit million loss in 2023, while revenue peaked in 2021 and has trended modestly lower in 2022-2023. The combination of declining top-line and improving loss profile suggests the company is restructuring for margin recovery rather than aggressive top-line growth. No proprietary technology, AI/ML capabilities, or software platform is disclosed in the source material; the business is fundamentally a brand-and-distribution operator in the cannabis CPG category.

Short descriptiontext

SLANG Worldwide is a Toronto-based cannabis consumer-packaged-goods company that builds and distributes branded cannabis products across North America, with strategic emphasis on the Vermont market and U.S. retail distribution via its Trulieve partnership.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
cannabis consumer products, branded cannabis goods, cannabis brand portfolio, cannabis wholesale distribution, marijuana consumer packaged goods
Industry2 codes
1Cannabis Lifestyle & Apparel/Brand Merchandise Retail
CodeCRANAHAJPrimaryYes
2Cannabis Accessories & Smoke Shops (Pipes, Papers, Grinders)
CodeCRANAHAGPrimaryNo
NAICS code1 code
  • Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers459991
SIC code1 code
  • Medicinal Chemicals & Botanical Products2833
Product category
Cannabis Consumer Packaged Goods
Social media profiles2 records
Cost components4 values
Supply Chain, Marketing or Sales, Personnel, Operations
GTM typeB2C
B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

SLANG Worldwide Inc. is a consumer packaged goods company that develops, markets, and distributes a portfolio of branded cannabis consumer products. Its products are sold through licensed cannabis dispensaries and retail operators across legal North American markets, with explicit operational focus on the Vermont market. The company pursues growth through brand portfolio expansion and strategic acquisitions of cannabis brands and product assets.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Branded cannabis consumer products
CategoryCannabis Consumer Packaged Goods
Description

A portfolio of branded cannabis consumer packaged goods (including flower and related cannabis product formats) developed, marketed, and distributed by SLANG Worldwide to licensed cannabis dispensaries and retail operators across legal North American markets. The product line is targeted at adult-use cannabis consumers.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

US cannabis operator combining retail dispensaries with branded CPG products across Colorado and other states. Comparable to SLANG as a branded cannabis CPG and retail-adjacent operator.

TypeDirect peer
Description

Canadian cannabis CPG company developing and distributing branded cannabis products (flower, pre-rolls, vapes, edibles). Comparable to SLANG as a publicly listed Canadian cannabis CPG brand operator of similar scale.

TypeBroad incumbent
Description

Large multi-national cannabis and CPG company with broad branded portfolio across flower, vapes, edibles, and beverages. Comparable to SLANG as a much larger incumbent cannabis CPG operator.

TypeBroad incumbent
Description

Major Canadian cannabis incumbent with broad branded product portfolio across flower, pre-rolls, vapes, edibles, and beverages. Comparable as a larger-scale Canadian cannabis CPG brand operator.

TypeDirect peer
Description

Canadian cannabis company combining branded consumer products (cannabis and beverage alcohol) with retail. Comparable to SLANG as a publicly listed Canadian cannabis CPG brand operator with multi-channel distribution.

TypeBroad incumbent
Description

US multi-state cannabis operator with branded product portfolio (High Supply, Cresco, Mindy's) sold across its retail and wholesale footprint. Comparable to SLANG as a larger multi-state branded CPG operator.

TypeDirect peer
Description

Canadian cannabis CPG and retail company with branded accessories and consumables sold through its Canna Cabana retail banner and wholesale channels. Comparable to SLANG for cannabis CPG/brand operations.

TypeBroad incumbent
Description

One of the largest US multi-state cannabis operators with vertically integrated cultivation, processing, retail, and a growing branded product portfolio. Also a financial investor in SLANG; serves as both peer and strategic partner.

TypeDirect peer
Description

US multi-state cannabis CPG and operator with branded flower, vapes, edibles, and topicals across multiple states. Comparable to SLANG as a multi-state branded cannabis CPG company of similar scale.

TypeDirect peer
Description

US-focused cannabis CPG company with branded flower, pre-rolls, vapes, and concentrates distributed to dispensaries. Comparable to SLANG as a multi-state branded cannabis CPG operator.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors7 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

SLANG Worldwide

Cannabis Consumer Packaged Goodsslangww.com

SLANG Worldwide is a Toronto-based cannabis consumer-packaged-goods company that builds and distributes branded cannabis products across North America, with strategic emphasis on the Vermont market and U.S. retail distribution via its Trulieve partnership.

What SLANG Worldwide does

SLANG Worldwide is a consumer-packaged-goods company operating in the regulated cannabis sector, offering a portfolio of branded cannabis consumer products distributed primarily across North America. The company was founded in 2017, is domiciled in Toronto, Canada, and trades publicly on the Canadian Securities Exchange (CNSX:SLNG). Its business model centers on acquiring, building, and distributing branded cannabis products through retail dispensary channels, including a strategic focus on the Vermont market in partnership with Trulieve Cannabis Corp. Following the October 2020 acquisitions of Lunchbox Alchemy and LBA Global Corporation, the company extended both its U.S. operational footprint and its branded product line.

The company's go-to-market relies on multi-state and Canadian retail distribution relationships, regulatory licensing infrastructure (including SEC Rule 506(b) capability for cross-border capital raising), and brand-portfolio management. The investor base has been broadened through a mix of strategic investors (Trulieve, Pura Vida Investments, Seventh Avenue Investments) and a 2021 Rule 506(b) crowdfunding offering. As of late 2021, leadership transitioned with Drew McManigle appointed as interim CEO and Chairman to oversee the company's growth strategy and Vermont-focused expansion.

Financially, SLANG has reported persistent operating losses across the 2019-2023 period, with EBITDA losses narrowing materially from deeply negative levels in 2019-2020 to a single-digit million loss in 2023, while revenue peaked in 2021 and has trended modestly lower in 2022-2023. The combination of declining top-line and improving loss profile suggests the company is restructuring for margin recovery rather than aggressive top-line growth. No proprietary technology, AI/ML capabilities, or software platform is disclosed in the source material; the business is fundamentally a brand-and-distribution operator in the cannabis CPG category.

SLANG Worldwide firmographics

Firmographics
Name
SLANG Worldwide
Legal name
SLANG Worldwide Inc.
Website
https://slangww.com
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
51–100 employees
Short description
SLANG Worldwide is a Toronto-based cannabis consumer-packaged-goods company that builds and distributes branded cannabis products across North America, with strategic emphasis on the Vermont market and U.S. retail distribution via its Trulieve partnership.
Ownership category
akta.pro rank

SLANG Worldwide industry classification

Industry
Product category
Cannabis Consumer Packaged Goods
NAICS
Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991)
SIC
Medicinal Chemicals & Botanical Products (2833)
akta.pro primary industry
Cannabis Lifestyle & Apparel/Brand Merchandise Retail (CRANAHAJ)
akta.pro secondary industry
Cannabis Accessories & Smoke Shops (Pipes, Papers, Grinders) (CRANAHAG)

Keywords

  • Cannabis consumer products
  • Branded cannabis goods
  • Cannabis brand portfolio
  • Cannabis wholesale distribution
  • Marijuana consumer packaged goods

Where SLANG Worldwide is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Markets served

SLANG Worldwide business model

Business model
GTM type
B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Marketing or Sales, Personnel, Operations

SLANG Worldwide product offering

Product offering

Core offering

SLANG Worldwide Inc. is a consumer packaged goods company that develops, markets, and distributes a portfolio of branded cannabis consumer products. Its products are sold through licensed cannabis dispensaries and retail operators across legal North American markets, with explicit operational focus on the Vermont market. The company pursues growth through brand portfolio expansion and strategic acquisitions of cannabis brands and product assets.

Differentiator

Problem solved

Functional benefit

Products and services

  • Branded cannabis consumer products A portfolio of branded cannabis consumer packaged goods (including flower and related cannabis product formats) developed, marketed, and distributed by SLANG Worldwide to licensed cannabis dispensaries and retail operators across legal North American markets. The product line is targeted at adult-use cannabis consumers.

Companies that use SLANG Worldwide

Customer profile

Ideal customer profiles1 record

SLANG Worldwide technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

SLANG Worldwide partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

SLANG Worldwide competitors and assessment

Company assessment

Direct peers

  • Schwazze: US cannabis operator combining retail dispensaries with branded CPG products across Colorado and other states. Comparable to SLANG as a branded cannabis CPG and retail-adjacent operator.
  • OrganiGram Holdings: Canadian cannabis CPG company developing and distributing branded cannabis products (flower, pre-rolls, vapes, edibles). Comparable to SLANG as a publicly listed Canadian cannabis CPG brand operator of similar scale.
  • SNDL Inc. Canadian cannabis company combining branded consumer products (cannabis and beverage alcohol) with retail. Comparable to SLANG as a publicly listed Canadian cannabis CPG brand operator with multi-channel distribution.
  • High Tide Inc. Canadian cannabis CPG and retail company with branded accessories and consumables sold through its Canna Cabana retail banner and wholesale channels. Comparable to SLANG for cannabis CPG/brand operations.
  • 4Front Ventures: US multi-state cannabis CPG and operator with branded flower, vapes, edibles, and topicals across multiple states. Comparable to SLANG as a multi-state branded cannabis CPG company of similar scale.
  • Glass House Brands: US-focused cannabis CPG company with branded flower, pre-rolls, vapes, and concentrates distributed to dispensaries. Comparable to SLANG as a multi-state branded cannabis CPG operator.

Broad incumbents

  • Tilray Brands: Large multi-national cannabis and CPG company with broad branded portfolio across flower, vapes, edibles, and beverages. Comparable to SLANG as a much larger incumbent cannabis CPG operator.
  • Canopy Growth Corporation: Major Canadian cannabis incumbent with broad branded product portfolio across flower, pre-rolls, vapes, edibles, and beverages. Comparable as a larger-scale Canadian cannabis CPG brand operator.
  • Cresco Labs: US multi-state cannabis operator with branded product portfolio (High Supply, Cresco, Mindy's) sold across its retail and wholesale footprint. Comparable to SLANG as a larger multi-state branded CPG operator.
  • Trulieve Cannabis Corp. One of the largest US multi-state cannabis operators with vertically integrated cultivation, processing, retail, and a growing branded product portfolio. Also a financial investor in SLANG; serves as both peer and strategic partner.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

SLANG Worldwide social profiles

Digital presence

SLANG Worldwide financial estimates

Financial estimate

Revenue estimate

Valuation estimate

SLANG Worldwide leadership team

Management profile

Number of profiles

Profiles2 records

SLANG Worldwide funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

SLANG Worldwide M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SLANG Worldwide

What does SLANG Worldwide do?

SLANG Worldwide Inc. is a consumer packaged goods company that develops, markets, and distributes a portfolio of branded cannabis consumer products. Its products are sold through licensed cannabis dispensaries and retail operators across legal North American markets, with explicit operational focus on the Vermont market. The company pursues growth through brand portfolio expansion and strategic acquisitions of cannabis brands and product assets.

Is SLANG Worldwide a public or private company?

SLANG Worldwide is a private company. It is classified as public and is currently operating.

When was SLANG Worldwide founded?

SLANG Worldwide was founded in 2017. It employs 51 to 100 people.

Where is SLANG Worldwide based?

SLANG Worldwide is headquartered in Toronto, Canada, in the North America region.

Who are SLANG Worldwide's main competitors?

Direct peers on record are Schwazze, OrganiGram Holdings, SNDL Inc., High Tide Inc., 4Front Ventures and Glass House Brands. Broad incumbents are Tilray Brands, Canopy Growth Corporation, Cresco Labs and Trulieve Cannabis Corp..

Does SLANG Worldwide have an API?

No public API is recorded for SLANG Worldwide.

What industry is SLANG Worldwide in?

SLANG Worldwide's product category is Cannabis Consumer Packaged Goods. Its primary akta.pro industry code is CRANAHAJ, Cannabis Lifestyle & Apparel/Brand Merchandise Retail, with a secondary code of CRANAHAG, Cannabis Accessories & Smoke Shops (Pipes, Papers, Grinders). Its NAICS code is 459991 and its SIC code is 2833.

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Live signals
BenzingaCannabis Court Update: REIT IIP Lawsuit Dismissed, Slang WW Faces Fraud Allegations In Acquisition Deal -A New Jersey judge dismissed an investor lawsuit against cannabis REIT Innovative Industrial Properties (IIP), ruling that risk warnings in the company's securities filings shielded it from liability for alleged knowledge of fraudulent activities by its tenant Kings Garden. Separately, executives of Toronto-based SLANG Worldwide face fraud allegations in a lawsuit filed by Shayne Lynn, the former owner of Vermont-based cannabis company High Fidelity, accusing them of concealing financial difficulties during the $17.25 million acquisition negotiations. Investors have 30 days to file an amended complaint in the IIP case.New Cannabis VenturesSLANG Worldwide Raises $17.3 Million in Convertible Debt as Five Directors Depart – New Cannabis VenturesSLANG Worldwide secured a $17.3 million convertible debt financing from Trulieve Cannabis Corp., Pura Vida Investments, and Seventh Avenue Investments to fund its Vermont operations and working capital. Concurrently, the company appointed Drew McManigle as interim CEO and Chairman following the departure of five board members, including outgoing CEO Chris Driessen.YahooSLANG Expands its Footprint and Launches Multiple Partnerships in Q3SLANG Worldwide Inc. expanded its operations in Q3 2021 through strategic partnerships with Trulieve, Snowcrest, and Natura Life + Science, while acquiring High Fidelity in Vermont. These moves facilitate the distribution of SLANG's products across multiple U.S. states and Canada, significantly broadening its market footprint.PR NewswireSLANG Worldwide Joins Green Flower and GF Institute in Push for Cannabis Industry's First Professional Credential ProgramGreen Flower announced that SLANG Worldwide Inc. and its President/CEO Chris Driessen are joining the newly-launched GF Institute to promote professional cannabis credentials through standardized education content. The program is launching with three credentials targeting the largest growth sectors in the industry: Dispensary Associate, Cultivation Technician, and Manufacturing Agent certificates. GFI is working toward ANSI National Accreditation Board certification for federal and international accreditation, with founding member applications open through December 31, 2021.SecSEC FORM DThe article reports that SLANG Worldwide Inc. has filed a notice of an exempt offering of securities with the SEC, which includes the merger of High Fidelity Inc. with a subsidiary of SLANG Worldwide. The total offering amount is reported as $12,393,875, and the offering is noted to last less than one year. Additionally, the issuer's principal place of business is located in Toronto, Ontario, Canada.BenzingaLow-Cost Pot Stocks To Consider, According To Green Market Report's Debra Borchardt - Greenlane Hldgs (NAGreen Market Report Co-Founder and CEO Debra Borchardt discussed low-cost cannabis stock options with Benzinga, identifying KushCo Holdings Inc. as her top pick based on its 2021 net revenue guidance of $130 to $160 million and potential Nasdaq listing. Borchardt also recommended Slang Worldwide Inc. and Indus Holdings Inc. as additional value options for investors with limited funds, noting the latter's recent acquisition of Lowell Herb Co. Borchardt expressed confidence that 2021 will be a positive year for the cannabis sector, attributing recent market fluctuations to standard profit-taking rather than negative sentiment.BenzingaSLANG Worldwide's Products Will Be Back In The California MarketSLANG Worldwide Inc. announced it is re-entering the California cannabis market through a strategic partnership with Natura Life+ Science, which will produce and distribute SLANG's product lines including O.penVAPE, Firefly, Pressies, District Edibles, and Bakked. The company had previously withdrawn from the state in 2019 to recalibrate its supply chains after its District Edibles brand became the top-selling gummy in California. Natura will manufacture SLANG products at its Sacramento facility spanning 265,000 square feet combined, with California representing the largest and most mature U.S. cannabis market at nearly $3 billion in legal sales in 2019.PR NewswireGage Cannabis to Webcast Live at VirtualInvestorConferences.com on September 10thGage Cannabis Co. announced that Executive Chairman Bruce Linton and President Fabian Monaco will present live at VirtualInvestorConferences.com on September 10, 2020, in an interactive online event for investors. The company highlighted its strong Michigan market position, commanding over 10% of medical marijuana sales while operating only approximately 1% of retail locations in the state. Gage also noted its exclusive licensing agreement with SLANG Worldwide and its status as the exclusive license holder of the Cookies brand for cultivation, processing, and retail in Michigan.PR NewswireBenzinga Cannabis Advisory Council Welcomes SLANG Worldwide CEO Chris DriessenBenzinga announced that Chris Driessen, CEO of SLANG Worldwide, has joined the Benzinga Cannabis Advisory Council ahead of its August 18 virtual event. The advisory council comprises industry thought leaders who provide insights and expertise to the Benzinga community and conference attendees.PR NewswireCannabis Consumers Reap the Benefits of Lower Cultivation CostsA new analysis reveals that cannabis prices vary dramatically across global markets, with illicit markets in Asia charging up to USD 32 per gram while South American cities like Quito, Ecuador offer prices as low as USD 1.34 per gram, driven primarily by differences in cultivation costs. Several North American cannabis companies have announced Latin American expansion moves, including Blueberries Medical Corp. and SLANG Worldwide Inc. entering a strategic partnership MOU, Aphria Inc. closing its acquisition of LATAM Holdings Inc., and Khiron Life Sciences Corp. forming a joint venture with Dixie Brands Inc. The global legal cannabis market was valued at USD 14.5 billion in 2018 and is projected to reach USD 89.1 billion by 2024, with cultivation costs and regulatory frameworks identified as the primary price drivers.