SLANG Worldwide Launches Cookies-Branded “Terp Sauce” Vaporizer Cartridges in Colorado
SLANG Worldwide Inc. (CNSX: SLNG) is a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio of popular brands. The company announces the launch of its first Cookies-branded manufactured products in Colorado. Cookies “Terp Sauce” premium vaporizer cartridges are now available at approximately 50 leading dispensaries statewide.
SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States. The Company specializes in acquiring and developing market-proven regional brands as well as launching innovative new brands to seize global market opportunities. SLANG is listed on the Canadian Securities Exchange under the ticker symbol SLNG.
Cookies is more than a premiere cannabis company, it is a lifestyle. Founded in 2012 by Berner, the prolific Bay Area rapper and entrepreneur, and his partner Jai, Bay Area cultivator and breeder, the company built its identity by seamlessly combining new, top-tier genetics, the internet, and music. Backed by the music industry, social media, and the countless YouTube vlogs documenting the brand’s growth and breeding projects, Cookies quickly built a grassroots cult following while remaining loyal to its brand promise; authenticity and innovative genetics.
Today, Cookies is one of the most well-respected and top-selling cannabis brands in the United States. The company and its product are recognized globally, and offer a stable of over 50 cannabis varieties and product lines including indoor, outdoor and sungrown flower, pre-rolls, gel caps and vape carts. Cookies’ overall vertical integration and seed-to-sale business allows for complete quality control at every step – from cultivation and production to retail experience.
“There has been a lot of anticipation for the Cookies brand among sophisticated cannabis consumers in Colorado, and the initial shipment was spoken for within two hours of being made available,” said Chris Driessen, President of SLANG USA. “Terp Sauce is ideal for preserving the true essence and flavor of the plant. The vape category is our bread and butter, so bringing these sought-after, highly curated Cookies genetics to market in a vapable format was right in our wheelhouse.”
“Expanding Cookies and its family of brands’ genetics into vapes is one of the many reasons we’ve partnered with a world-class company like SLANG. We’re proud to continue to bring quality products to the Colorado market where the consumers’ sophistication demands other ways to experience Cookies’ broad array of genetics,” said Parker Berling, President of Cookies.
The Colorado cannabis market was second only to California in the U.S. in 2019, with nearly $1.75 billion USD of total sales, according to the Colorado Department of Revenue. The increasingly popular concentrates category represented approximately one-third of last year’s total sales, with only flower claiming a larger share, according to BDS Analytics.
SLANG and Cookies are planning to launch additional concentrate products in the state, following the Company’s successful recent launch of Cookies-branded prepackaged flower in Oregon.
Cookies Terp Sauce is the first product to be manufactured at the Allied Concessions Group (“ACG”) facility in Boulder, CO following recent upgrades to enable hydrocarbon extraction. The Company continues to work towards the final steps required to complete its previously announced acquisition of ACG, consistent with its strategy of consolidating supply chain assets in its core markets.
SLANG’s strong presence in Colorado was a key factor leading to the Company’s exclusive agreement to distribute Cookies products through its statewide channels, first announced in October 2019.