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
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Gross profit of CA$5.72 million (53% gross …