SLANG Worldwide Inc. announce that Mr. John Moynan has been promoted to Chief Executive Officer of the Company effective immediately. Mr. Drew McManigle, former Interim Chief Executive Officer is stepping down as he and MACCO Restructuring Group ("MACCO"), who served as financial advisor, have successfully completed the corporate transformation of the Company. Prior to his promotion to Chief Executive Officer, Mr. Moynan held the positions of Chief Operating Officer and General Counsel and he will continue to act as Corporate Secretary.

Mr. Moynan has nearly a decade of experience in helping businesses navigate the complex, ever-changing landscape of the nascent cannabis industry, Mr. Moynan has been instrumental in developing the legal, operational, and strategic vision of SLANG. This track record of success includes crafting the Company's national expansion strategy, overseeing the development of its overall corporate structure, and negotiating the strategic partnerships that are core to the company's success to date.