SLANG Worldwide Inc. is making several changes to its executive team, which are expected to become effective by the end of June 2020. Chris Driessen will be named President of SLANG. Mr. Driessen has most recently served as President of the Company's U.S. division with direct responsibility for sales, partnerships, manufacturing and operations. He also sits on the Board of Directors. Mr. Driessen first joined Organa Brands in 2014, having previously held sales and operational leadership roles in the information technology and hotel sectors. John Moynan will be promoted to Chief Operating Officer, in addition to maintaining his current role as General Counsel. Mr. Moynan has served with SLANG and its predecessor companies for the past six years, playing an instrumental role in the licensing of intellectual property and structuring of agreements with SLANG's strategic partners such as Trulieve Cannabis Corp, Cookies and Canopy Growth. Billy Levy will transition from President and Corporate Secretary of SLANG to serve as a lead strategic advisor to the Company with a continued focus on strategy and business development activities.
SLANG Worldwide Inc. is a Canada-based cannabis consumer packaged goods company with a portfolio of various brands. The Company owns, licenses and/or markets five brands, which serve three categories: flower, inhalable concentrates and ingestible. Its portfolio consists of three distinct consumer packaged goods (CPG) brands, one retail brand and a product portfolio of 30 stock keeping units (SKUs). The Company brings its products to market through three channels: Core Markets-Colorado and Vermont, Emerging Markets-Strategic Partnerships in nine States and THC Free-Distribution & Ecommerce. Its Core Markets include Colorado and Vermont. Its Emerging Markets include Florida, Maine, New Mexico, Michigan, Pennsylvania, Washington, West Virginia, Maryland and Puerto Rico. Its THC Free includes dry herb vaporizer, the Firefly 2+, line of Alchemy Naturals CBD gummies, as well as batteries and various other product components including packaging and hardware.