- SLANG Worldwide’s (SLNG) Board of Directors now includes nine directors, six of whom are independent
- Brill has served as the President and Chief Investment Officer of Seventh Avenue Investments since August 2017
- Snyder was a Founding Executive at Tokyo Smoke, one of Canada’s most recognized cannabis brands and a leading Canadian cannabis retailer
- SLANG Worldwide Inc. is a leading cannabis-centred consumer packaged goods company with a portfolio of popular brands distributed across the United States.
- SLANG Worldwide Inc. (SLNG) is up 2.13 per cent and is trading at C$0.24 at 11:50 am ET
SLANG Worldwide Inc. (SLNG), has added Sam Brill and Felicia Snyder as independent directors to its Board of Directors.
SLANG’s Board of Directors now includes nine directors, six of whom are independent.
Chris Driessen, President and CEO of SLANG, stated,
“Felicia and Sam are both seasoned professionals with significant knowledge and experience in the cannabis industry.”
“As we enter the next chapter of our growth, we made the strategic decision to expand our Board and bring on two executives who have led several companies through tremendous growth,” added Driessen.
Brill has served as the President and Chief Investment Officer of Seventh Avenue Investments (SAI) since August 2017. Sam’s focus was on direct investing in debt and equity securities of a wide range of both growth-oriented and distressed private companies.
SAI is the private equity arm of a single-family office in New York City with a multibillion-dollar asset portfolio.
In addition to building SAI’s diversified portfolio in traditional sectors, Brill expanded the investments of the family office into the cannabis sector with a total cannabis portfolio that now exceeds $160 million.
In a number of these investments, he played a critical role in helping management with strategic decisions, corporate reorganization, and financial planning.
Before joining SAI, Brill was the Chief Investment Officer and Portfolio Manager of Weismann Capital, a single-family office in Stamford, CT, responsible for all long and short investments in public equities and credit.
Previously, he also served as the Chief Operating Officer and Director of Amedia Networks, a publicly traded technology company.
He started his finance career at JDS Capital Management, a highly successful technology-focused hedge fund.
Brill noted,
“SLANG has compelling prospects and I look forward to bringing my experience and track record in the capital markets, cannabis industry, and corporate strategy to the SLANG Board of Directors.”
Snyder was a Founding Executive at Tokyo Smoke, one of Canada’s most recognized cannabis brands and a leading Canadian cannabis retailer, where she led the company through its merger with Doja Cannabis and its eventual sale to Canopy Growth.
Snyder commented,
“As the cannabis market matures from supply-driven to brand-driven, I believe SLANG is well-positioned and on the precipice of
SLANG Worldwide Inc. is a global leader in the cannabis CPG sector with a diversified portfolio of popular brands distributed across the United States.
SLANG Worldwide Inc. (SLNG) is up 2.13 per cent and is trading at C$0.24 at 11:50 am ET.
