Greenlane Holdings, Inc. sells cannabis accessories, child-resistant packaging, and specialty vaporization products in the United States, Canada, Europe, Australia, and South America. The company provides vaporizers, liquid nicotine, storage solutions, pipes, apparel lines, and consumption accessories, as well as bubblers, rigs, and other smoking and vaporization related accessories and merchandise. It offers its products under the VIBES rolling papers, Pollen Gear, the Marley Natural accessory line, Aerospaced & Groove grinders, K. Haring Glass Collections, Eyce specialty silicone smoking products, and Higher Standards brands. The company also operates e-commerce websites, such as Vapor.com, Higherstandards.com, Aerospaced.com, Canada.vapor.com, Vaposhop.com, and others. It serves smoke shops, dispensaries, and specialty retail stores. The company was founded in 2005 and is headquartered in Boca Raton, Florida.
IPO Year: 2019
Exchange: NASDAQ
Website: gnln.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/11/2022 | $5.00 → $2.00 | Speculative Buy | Canaccord Genuity |
10/1/2021 | $6.30 | Buy | Jefferies |
9/10/2021 | $5.00 | Outperform | Cowen |
9/7/2021 | $6.00 | Buy | Alliance Global Partners |
9/3/2021 | $5.50 → $6.00 | Buy | Roth Capital |
8/18/2021 | $8.00 → $5.50 | Buy | Roth Capital |
PRE 14A - Greenlane Holdings, Inc. (0001743745) (Filer)
10-Q - Greenlane Holdings, Inc. (0001743745) (Filer)
8-K - Greenlane Holdings, Inc. (0001743745) (Filer)
8-K - Greenlane Holdings, Inc. (0001743745) (Filer)
EFFECT - Greenlane Holdings, Inc. (0001743745) (Filer)
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8-K - Greenlane Holdings, Inc. (0001743745) (Filer)
10-Q/A - Greenlane Holdings, Inc. (0001743745) (Filer)
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3 - Greenlane Holdings, Inc. (0001743745) (Issuer)
BOCA RATON, FL / ACCESSWIRE / October 18, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium accessories, child-resistant packaging, and specialty vaporization products, today announced changes to its board of directors with the exit of Jeff Uttz and the appointment of Gina Collins.Greenlane is excited to welcome Gina Collins to the team. Her extensive experience and expertise inaligning corporate goals with innovative strategies will undoubtedly bring a fresh perspective to the board, helping Greenlane advance its mission and achieve its strategic goals.Collin's has a proven and award-winning brand leadership background
LOS ANGELES, CA / ACCESSWIRE / August 17, 2022 / XS Financial Inc. ("XS Financial", "XSF" or the "Company") (CSE:XSF) (OTCQB:XSHLF), a specialty finance company company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced today that Mr. Stephen Christoffersen has been appointed as Chief Financial Officer, replacing Mr. Nelson Lamb.Mr. Christoffersen is an accomplished finance executive who has been a Board Member at XS Financial since May 2019. Since his time at XS Financial, he has helped create, launch, and capitalize the Company's syndication desk and has been a member of the Audit, Investment and Compensation committees. Mr. Christoffers
Company Reaffirms Commitment to Strong Corporate Governance and Independent Board OversightBOCA RATON, FL / ACCESSWIRE / October 4, 2021 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, announced today the appointment of independent director Donald Hunter as Chairman of the Board, effective September 30, 2021. Aaron LoCascio, the former Chairman of the Board, will remain on the Company's Board of Directors.Mr. Hunter's appointment reaffirms Greenlane's commitment to strong corporate governance and independent oversight."Over the years, Don
Implements strong executive leadership team and appoints three new directors Positioned to deliver incremental value to customers across the cannabis supply chain with best-in-class proprietary brands and exclusive third-party offerings Well positioned to support accelerated industry innovation, accretive M&A, and robust organic growth BOCA RATON, Fla., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN) and KushCo Holdings, Inc. (''KushCo'') (OTCQX:KSHB) today announced the completion of their previously announced merger ("the Transaction"). The combined company, operating as Greenlane, brings together two of the pioneering cannabis
Institutional brand, SwabTek™, marketed to high-volume users for the detection of narcotics, explosives, gunshots and to Homeland Security and Customs and Border Protection for instant detection of terror threats and drugs at border checkpointsConsumer brand, Verifique™, marketed for detection of cannabis, fentanyl and other narcoticsSimple, safe, and accurate chemistry field tests target global large-scale consumer, education, public health and corporate marketsAddition of SwabTek tests to Greenlane's portfolio allows it to offer a more comprehensive array of testing technologies BOCA RATON, FL / ACCESSWIRE / November 19, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDA
Quarterly Financial Highlights$1.4 million, or 52%, sequential revenue increase vs Q2 2024Gross margin of 75% driven, in part, by E&O inventory sales$2.5 million decrease in salaries and benefits vs Q3 2023$3.7 million decrease in G&A vs Q3 2023$6.5 million capital raiseOperating HighlightsExecuted two strategic distribution agreements to expand platformStreamlined our third-party product portfolioRestructured all existing third-party debt facilitiesUpgraded our sales and marketing organizationsBOCA RATON, FL / ACCESSWIRE / November 15, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resist
Portfolio includes Safety Strips Tech Corp.'s low-cost test strip that provides an affordable, reliable way for people to test substances for two of the dangerous adulterants that are exacerbating the growing opioid epidemicGreenlane to benefit from favorable inventory terms while leveraging its strong distribution, operations, marketing and sales teams to support the brandAddition of high margin test strips enhances the Company's portfolio of product offerings and revenue potentialPreparations underway for university and government opportunities BOCA RATON, FL / ACCESSWIRE / November 7, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global s
CURB's patented, non-heating, inhalation device uses ultrasonic vibrations to create a fine mist, ensuring maximum absorption without high temperatures100% water-soluble, which ensures purity, safety, and efficacyCompatible with a wide range of formulations, including nicotine, cannabinoids, and other wellness compoundsCombining Greenlane's industry leading omnichannel distribution platform serving wellness, health, and cannabis industries, with CURB Lifestyle's innovative inhalation technologyBOCA RATON, FL / ACCESSWIRE / October 8, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant
Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - September 20, 2024) - Investorideas.com, a go-to investing platform covering cannabis stocks releases an industry snapshot looking at the battle against dangerous drugs, including fentanyl, featuring Greenlane Holdings, Inc. (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products.Read the full article on Investorideas.comhttps://www.investorideas.com/News/2024/biotech/09200Battle-against-Fentanyl-and-Dangerous-Drugs.aspAccording to Fact.MR , "The global opioid overdose treatment market is expected to reach a value of US$ 1.54 billion in
Portfolio includes Safety Strips, Inc.'s low-cost test strip that provides an affordable, reliable way for people to test substances for two of the dangerous adulterants that are exacerbating the growing opioid epidemicDrink Spike Test strips meet New California Assembly Bill No 1013, passed July 2024, that requires Clubs and Bars to offer for sale to their customers drug testing devices designed to detect the presence of controlled substances in a drinkGreenlane to leverage its strong distribution, operations, marketing and sales teams to support the brandBOCA RATON, FL / ACCESSWIRE / September 16, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the prem
Company to Share New Vision for GrowthUpdate on steps to realign and simplify its business structure, bring a stronger focus to serving customers, enable a more competitive cost model, and better position the company for future growth and improved profitability BOCA RATON, FL / ACCESSWIRE / August 27, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that its Chief Executive Officer, Barbara Sher, will participate in the National Investment Banking Association's (NIBA) 150th Investment Conference on September 4-5, 2024
NEW YORK, NY / ACCESSWIRE / August 14, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $6.5 Million Private Placement Priced At-the-Market for Greenlane Holdings, Inc. (NASDAQ:GNLN).Greenlane Holdings, Inc.Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe. It operates in two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers, grinders, lifestyle products and accessories, and apparel lines, as well as bubblers, rigs and merchandise. It offers its products under the Groove, Eyce,
BOCA RATON, FL / ACCESSWIRE / August 13, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the closing of a private placement with a single institutional investor for aggregate gross cash proceeds of $6.5 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for working capital and general corporate purposes.In connection with the private placement, the Company issued an aggregate of 2,363,637 units
BOCA RATON, FL / ACCESSWIRE / August 13, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that its Chief Executive Officer, Barbara Sher, acquired 12,500 common shares of Greenlane ("Common Shares") on the open market between August 5th and August 9th at an average price of $2.66 per Common Share. The purchase of Common Shares by the Chief Executive Officer of the Company reflects confidence in the intrinsic value of the stock and the near-term and long-term growth prospects of the CompanyAbout Greenlane Holdings, Inc.
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BOCA RATON, FL / ACCESSWIRE / August 14, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), a premier global seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the second quarter ended June 30th, 2023.Recent HighlightsRevenue for Q2 2023 decreased to $19.6 million, compared to $24.0 million in Q1 2023.Operating expenses in Q2 2023 were reduced $0.9 million or 6.2% compared with Q1 2023.Net loss attributed to Greenlane Holdings, Inc. for Q2 2023 was $10.5 million, compared to $10.2 million in Q1 2023. Basic and diluted net loss of $6.56 per share compared to a loss of $6.40 per
BOCA RATON, FL / ACCESSWIRE / August 10, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium accessories, child-resistant packaging, and specialty vaporization products, is scheduled to host a conference call and webcast on Monday, August 14, 2023 at 4:30 p.m. Eastern Time to discuss its financial and operational results for its second quarter ended June 30, 2023, followed by a question-and-answer session.The call will be webcast with an accompanying slide deck, which will be accessible by visiting the Financial Results page of Greenlane's investor relations website.All interested parties are invited to listen to the live
BOCA RATON, FL / ACCESSWIRE / August 9, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium accessories, child-resistant packaging, and specialty vaporization products, today announced it has paid off its asset based loan and acquired additional cash.On August 7, 2023, Greenlane completed total repayment of the remaining balance of $4.27 million which remained outstanding under the Loan and Security Agreement, dated August 8, 2022, between Greenlane and WhiteHawk Capital Partners LP. With this successful repayment, Greenlane has fulfilled its commitments as outlined in the Loan Agreement, resulting in the release of its o
BOCA RATON, FL / ACCESSWIRE / May 15, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31st, 2023.Recent HighlightsRevenue for Q1 2023 increased 9.0% to $24.0 million, compared to $22.0 million in Q4 2022.Operating expenses in Q1 2023 were down $7.1 million or 32% compared with Q4 2022, inclusive of a Q4 2022 intangible assets impairment charge of $4.6 million.Net loss attributed to Greenlane Holdings, Inc. for Q1 2023 was $10.2 million, compared to $13.3 million in Q4
BOCA RATON, FL / ACCESSWIRE / May 8, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, is scheduled to host a conference call and webcast on Monday, May 15, 2023 at 4:30 p.m. eastern time to discuss its financial and operational results for its second quarter ended March 31, 2023, followed by a question-and-answer session.The call will be webcast with an accompanying slide deck, which will be accessible by visiting the Financial Results page of Greenlane's investor relations website.All interested parties are invited to listen to the l
Company Expects Newly Implemented Strategic Plan to Result in Positive Adjusted EBITDA by Q4 2023BOCA RATON, FL / ACCESSWIRE / April 3, 2023 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the fourth quarter and full year ended December 31, 2022 ("Q4 2022" and "FY 2022").Recent HighlightsTotal revenue for 2022 decreased 17.4% to $137.1 million, compared to $166.1 million for 2021.Fundamentals were realigned to achieve our goal of profitability in 2023, focused on a scalable, leverageable, and durable r
BOCA RATON, FL / ACCESSWIRE / March 27, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, is scheduled to host a conference call and webcast on Monday, April 3, 2023 at 4:30 p.m. Eastern time to discuss its financial and operational results for its fourth quarter ended December 31, 2022, followed by a question-and-answer session.The call will be webcast with an accompanying slide deck, which will be accessible by visiting the Financial Results page of Greenlane's investor relations website.All interested parties are invited to listen t
BOCA RATON, FL / ACCESSWIRE / November 8, 2022 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, is scheduled to host a conference call and webcast on Tuesday, November 15, 2022 at 4:30 p.m. Eastern time to discuss its financial and operational results for its third quarter ended September 30, 2022, followed by a question-and-answer session.The call will be webcast with an accompanying slide deck, which will be accessible by visiting the Financial Results page of Greenlane's investor relations website.All interested parties are invited to l
BOCA RATON, FL / ACCESSWIRE / August 9, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, is scheduled to host a conference call and webcast on Tuesday, August 16, 2022 at 8:30 a.m. Eastern time to discuss its financial and operational results for its second quarter ended June 30, 2022, followed by a question-and-answer session.The call will be webcast with an accompanying slide deck, which will be accessible by visiting the Financial Results page of Greenlane's investor relations website.All interested parties are invited to listen to
Company on Track to Achieve Positive Adjusted EBITDA by Q3 2022BOCA RATON, FL / ACCESSWIRE / May 17, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported financial results for the first quarter ended March 31, 2022 ("Q1 2022").Recent HighlightsTotal revenue for Q1 2022 increased 37% to $46.5 million, compared to $34.0 million for Q1 2021.Strengthened leadership diversity and industry expertise with the appointments of Darsh Dahya as Chief Accounting Officer and Renah Persofsky as Board DirectorEntered agreement with Univers
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GAINERS: MJ Holdings (OTC:MJNE) shares closed up 44.44% at $0.00 CLS Holdings USA (OTC:CLSH) shares closed up 15.83% at $0.05 Maple Leaf Green World (OTC:MGWFF) shares closed up 11.28% at $0.03 Rocky Mountain High (OTC:RMHB) shares closed up 8.27% at $0.01 Charlottes Web Holdings (OTC:CWBHF) shares closed up 5.92% at $0.17 Greenlane Hldgs (NASDAQ:GNLN) shares closed up 5.88% at $0.26 Zoned Props (OTC:ZDPY) shares closed up 5.28% at $0.66 22nd Century Group (NASDAQ:XXII) shares closed up 4.09% at $0.71 Aurora Cannabis (NASDAQ:ACB) shares closed up 3.74% at $5.69 EnWave (OTC:NWVCF) shares closed up 3.57% at $0.17 Tilray Brands (NASDAQ:TLRY) shares closed up 3.41% at $1.83 Cara Therapeutics (N
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Shares of Mainz Biomed N.V. (NASDAQ:MYNZ) rose sharply in today's pre-market trading after the company announced submission for the FDA Breakthrough Device Designation for its next generation CRC screening test. Mainz Biomed shares jumped 16% to $0.5534 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Pineapple Energy Inc. (NASDAQ:PEGY) rose 85% to $2.22 in pre-market trading. Pineapple Energy engaged Conduit Capital to provide structural internal support, staffing, and assistance with capital raising activities. Zapp Electric Vehicles Group Limited (NASDAQ:ZAPP) shares rose 43.5% to $13.26 in pre-market trading after gaining 127% on Mon
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Canaccord Genuity reiterated coverage of Greenlane Hldgs with a rating of Speculative Buy and set a new price target of $2.00 from $5.00 previously
Jefferies initiated coverage of Greenlane with a rating of Buy and set a new price target of $6.30
Cowen resumed coverage of Greenlane with a rating of Outperform and set a new price target of $5.00
Alliance Global Partners initiated coverage of Greenlane with a rating of Buy and set a new price target of $6.00
Roth Capital reiterated coverage of Greenlane Hldgs with a rating of Buy and set a new price target of $6.00 from $5.50 previously
Roth Capital reiterated coverage of Greenlane Hldgs with a rating of Buy and set a new price target of $5.50 from $8.00 previously
Roth Capital reiterated coverage of Greenlane Holdings with a rating of Buy and set a new price target of $8.00 from $5.00 previously