Slang Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) released Tuesday preliminary, unaudited full-year and fourth-quarter 2020 financial results with quarterly revenue of CA$9.66 million ($7.7 million), compared to CA$8.7 million in the same period of 2019.
Financial Highlights
The cannabis consumer packaged goods company reported full-year 2020 revenue of CA$ 26.82 million, which compares to CA$29.2 million in the prior year.
Slang also reported an adjusted EBITDA loss in a range of CA$900,000 to CA$1.4 million.
At the end of 2020, the company held CA$6.48 million in cash and cash equivalents, which is less than the …
