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SLANG Worldwide Announces Issuance of Equity Incentives

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Toronto, Ontario--(Newsfile Corp. - June 21, 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, has granted 4,828,676 incentive stock options (the "Options") to acquire common shares in the capital of the Company at a price of C$0.14 per share. 4,408,676 of the Options were granted to independent directors exercisable until June 20, 2032 and 420,000 to employees exercisable until June 20, 2027. The Options are subject to vesting provisions and are non-transferrable.

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.

Media and Investor Inquiries

Investors@SLANGww.com

KCSA Strategic Communications

Phil Carlson
SLANG@kcsa.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/128531

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