SLANG Worldwide Inc. (OTCQB: SLGWF) (CSE:SLNG) released financial results for the three months ended March 31, 2023, revealing revenue from continuing operations was CA$10.82 million, ($8 million) an increase of 29% compared with CA$8.37 million in Q1 2022. The primary drivers of the increase were due to an increase in the company’s core market sales of CA$2.05 million in Vermont and CA$780,000 in Colorado, offset by a reduction in emerging market sales. The increase in Vermont was driven by the opening of the company's CERES Collaborative dispensary on October 1, 2022.
Q1 2023 Financial Highlights
Gross profit of CA$5.72 million (53% gross …