SLANG Worldwide Inc.: SLANG Worldwide Announces First Quarter 2021 Financial Results
Gross margin of 37% in Q1 2021, compared with 33% in Q4 2020
Cash and cash equivalents of $12.4 million as of March 31, 2021
Strong brand performance, with approximately 747,927 Branded Units sold in Q1 2021 (a 44% increase over Q1 2020)
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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 months ended March 31, 2021. All figures in this press release are stated in Canadian dollars unless otherwise noted.
Key Financial and Operational Highlights
Financial Highlights:
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