Mr. Mikel Rutherford reports
SLANG WORLDWIDE ANNOUNCES ISSUANCE OF EQUITY INCENTIVES
Slang Worldwide Inc. has approved the grant of 3,236,640 incentive stock options to the independent directors of the company to acquire common shares in the capital of Slang Worldwide. The options are non-transferable and exercisable until Sept. 22, 2028, at five cents per option, subject to vesting provisions, with one-third vesting on the date of grant and one-third vesting on each anniversary of the date of grant.
About Slang Worldwide Inc.
Slang Worldwide is the industry leader in branded cannabis consumer packaged goods, with a diversified portfolio of five distinct brands and products distributed across the United States. Operating in 13 legal cannabis markets nationwide, Slang Worldwide specializes in acquiring and developing market-proven regional brands, as well as launching innovative new brands to seize global market opportunities and match evolving consumer tastes. The company has over a decade of experience operating in the nascent and highly regulated cannabis sector, and its partners enjoy the benefits of that experience, with access to the Slang playbook for successful operations, sales and marketing. Its strong product pipeline from uniquely positioned and scalable brands like O.pen, Alchemy Naturals, Ceres and Firefly and partnerships with brands like Greenhouse Seed Company have a proven record of success, with the brands consistently ranking among the top performers in the states where Slang Worldwide operates.
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