Commercial Credit Report for Slang Worldwide Inc

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	Slang Worldwide Inc
50 Carroll St
Phone: (647) 981-7249p:647 981-7249	Toronto, ON M4M 3G3 Canada	Ticker: SLNGSLNG

On 11/5/2024, Slang Worldwide Inc announced that it has finalized a wind-down plan for the Company and its assets and subsidiaries with its secured lenders under the Company's credit and guaranty agreement dated November 15, 2021. As part of the Wind-Down plan, it is anticipated that the following steps will be undertaken by the Company and its subsidiaries in the near term: (i) the disposition of the Company's assets in Colorado by way of a Colorado receivership proceeding involving the Company's Colorado subsidiaries; (ii) an assignment into bankruptcy of the Company pursuant to Canada'sBankruptcy and Insolvency Act (the "Bankruptcy Proceedings"); and (iii) a possible sale by the Company's Vermont subsidiaries of their respective assets, followed by an assignment for the benefit of creditors in respect of any remaining assets, all subject to local Vermont regulatory approval.

Business Summary

SLANG Worldwide Inc. is a Canada-based cannabis consumer packaged goods company with a portfolio of various brands. The Company owns, licenses and/or markets five brands, which serve three categories: flower, inhalable concentrates and ingestible. Its portfolio consists of three distinct consumer packaged goods (CPG) brands, one retail brand and a product portfolio of 30 stock keeping units (SKUs). The Company brings its products to market through three channels: Core Markets-Colorado and Vermont, Emerging Markets-Strategic Partnerships in nine States and THC Free-Distribution & Ecommerce. Its Core Markets include Colorado and Vermont. Its Emerging Markets include Florida, Maine, New Mexico, Michigan, Pennsylvania, Washington, West Virginia, Maryland and Puerto Rico. Its THC Free includes dry herb vaporizer, the Firefly 2+, line of Alchemy Naturals CBD gummies, as well as batteries and various other product components including packaging and hardware.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
6/30/2024	12/31/2023	Yes	-	-	-	Yes

Industries

SIC Code	Description
2833	Medicinal chemicals and botanical products
7389	Business services, not elsewhere classified

Officers and Directors

Title	Name	Age	Title Date	Start Date
Independent Chairman of the Board	RuthChun		8/25/2022	6/16/2022
Chief Executive Officer, General Counsel, Company Secretary	JohnMoynan		9/30/2022	8/26/2020
Independent Vice Chairman of the Board	Kevin K.Albert	72	8/25/2022	4/4/2022
3 additional Officers and Directors records available in full report.

Business Names

Business Name
84S
CeresMED
SLNG

General Information

Number of Employees:	152	(As of 12/31/2021)
Outstanding Shares:	229,181,337	(As of 6/30/2024)
Stock Exchange:	CNQ

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