TORONTO – SLANG Worldwide (CNSX: SLNG) (“SLANG”), a global cannabis consumer packaged goods company, and Trulieve Cannabis (OTC: TCNNF & CNSX: TRUL) (“Trulieve”), a Florida-based national cannabis company, are pleased to announce a new strategic partnership to offer cannabis patients in Florida access to leading cannabis brands in Trulieve’s dispensaries across the state. Pursuant to the partnership, Trulieve has an exclusive license to SLANG’s extensive portfolio through its U.S. subsidiary, National Concessions Group, Inc. (doing business as Organa Brands).
“Great partnerships and collaboration are foundational to SLANG’s culture, scalability, and growth strategy,” said SLANG’s CEO Peter Miller. “Not only does Trulieve operate one of the most impressive cannabis cultivation and distribution businesses in Florida, they also share SLANG’s commitment to bringing leading cannabis products to consumers. Every year, SLANG products deliver millions of high-quality cannabis experiences to consumers around the world and, in partnership with Trulieve, we look forward to providing those same exceptional cannabis products to Florida’s patients.”
With over 180,000 registered medical marijuana patients, a figure that has tripled since 2017, Florida represents one of the most significant cannabis markets in the United States. Trulieve is responsible for consistently producing and distributing between 60% and 80% of cannabis in the state, per the Florida Department of Health.
Thanks to Trulieve’s extensive distribution network in Florida, which includes 24 dispensaries and home delivery available statewide, this partnership represents a significant opportunity to bring SLANG’s expansive, unique portfolio of branded cannabis products to Florida’s rapidly growing patient base and offer relief in a variety of consumption methods, including cannabis-infused edibles and drinks.
“SLANG operates with the same goals as Trulieve, working to expand patient access and create products that are high-quality, consistent, and reliable,” said Trulieve CEO Kim Rivers. “SLANG’s expansive portfolio ranges from vaporizer cartridges to edibles to concentrates, all products that will provide Florida’s patients with the effective, natural relief they’re seeking in ways that are innovative and fresh.”
Through the strategic partnership, SLANG will introduce the O.penVAPE, Bakked, District Edibles, and Magic Buzz product lines to Florida medical patients. Availability of edible products will be subject to regulatory approval by the Florida Department of Health. As part of the agreement signed by the two groups, SLANG will collaborate with Trulieve with regard to the production and distribution of the SLANG portfolio of products, offering in-house training to staff in preparation for production and distribution exclusively through Trulieve.
About SLANG
SLANG is a leading cannabis-focused consumer packaged goods company. The company is focused on acquiring and developing market-proven regional brands, as well as creating new brands to meet the needs of cannabis consumers worldwide.
SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG.
For more information, please visit www.SLANGWorldwide.co
About Trulieve
Trulieve Cannabis Corp. is a vertically integrated “seed to sale” company and is the first and largest fully licensed cannabis company in the State of Florida. Trulieve cultivates and produces all of its products in-house and distributes those products to Trulieve-branded stores (dispensaries) throughout the State of Florida, as well as directly to patients via home delivery. Trulieve also operates in California and Massachusetts.
Trulieve is listed on the Canadian Securities Exchange under the symbol TRUL.
To learn more about Trulieve, visit www.Trulieve.com.
