Greenlane Signs Exclusive Global Multi-Year Global Agreement to Distribute the CURB Lifestyle, Inc. Breakthrough Inhalation Device Technology for Nicotine, Cannabinoids and Other Wellness Compounds
Greenlane Holdings (NASDAQ:GNLN) has signed an exclusive multi-year global distributor agreement with CURB Lifestyle to distribute their patented non-heating inhalation device. The device, which uses ultrasonic vibrations to create a fine mist, can safely deliver nicotine, cannabinoids, and wellness compounds. Starting mid-December, CURB products will be available through Greenlane's online retail storefronts and wholesale portal. The device features 100% water-soluble technology, ensuring purity and efficacy while minimizing health risks. Both companies will explore developing lifestyle products with wellness formulas for vitamins, workout supplements, sleep aid, and stress relief applications.
Greenlane Holdings (NASDAQ:GNLN) ha firmato un accordo di distribuzione esclusivo a livello globale di diversi anni con CURB Lifestyle per distribuire il loro dispositivo di inalazione brevettato senza riscaldamento. Il dispositivo, che utilizza vibrazioni ultrasoniche per creare una nebbia fine, può somministrare in modo sicuro nicotina, cannabinoidi e composti per il benessere. Da metà dicembre, i prodotti CURB saranno disponibili attraverso i negozi online e il portale all'ingrosso di Greenlane. Il dispositivo presenta una tecnologia 100% idrosolubile, garantendo purezza ed efficacia minimizzando i rischi per la salute. Entrambe le aziende esploreranno lo sviluppo di prodotti per uno stile di vita con formule di benessere per vitamine, integratori per l'allenamento, aiuti al sonno e applicazioni per il sollievo dallo stress.
Greenlane Holdings (NASDAQ:GNLN) ha firmado un acuerdo exclusivo de distribución global a varios años con CURB Lifestyle para distribuir su dispositivo de inhalación patentado sin calentamiento. El dispositivo, que usa vibraciones ultrasónicas para crear una fina bruma, puede administrar de manera segura nicotina, cannabinoides y compuestos de bienestar. A partir de mediados de diciembre, los productos CURB estarán disponibles a través de las tiendas de comercio electrónico y el portal mayorista de Greenlane. El dispositivo cuenta con una tecnología 100% soluble en agua, asegurando pureza y eficacia mientras minimiza los riesgos para la salud. Ambas empresas explorarán el desarrollo de productos de estilo de vida con fórmulas de bienestar para vitaminas, suplementos de entrenamiento, ayuda para dormir y aplicaciones para aliviar el estrés.
그린레인 홀딩스 (NASDAQ:GNLN)가 CURB 라이프스타일과 독점 다년간 글로벌 유통 계약을 체결하고 그들의 특허받은 비가열 흡입 장치를 유통하게 되었습니다. 이 장치는 초음파 진동을 사용하여 미세한 안개를 생성하며, 안전하게 니코틴, 카나비노이드 및 웰빙 화합물을 전달할 수 있습니다. 12월 중순부터 CURB 제품은 그린레인의 온라인 소매점과 도매 포털을 통해 구매할 수 있게 됩니다. 이 장치는 100% 수용성 기술을 특징으로 하여 순도와 유효성을 보장하며 건강 위험을 최소화합니다. 두 회사는 비타민, 운동 보충제, 수면 보조제 및 스트레스 완화를 위한 웰빙 포뮬러를 가진 라이프스타일 제품 개발을 탐색할 것입니다.
Greenlane Holdings (NASDAQ:GNLN) a signé un accord de distribution exclusif à l'échelle mondiale pour plusieurs années avec CURB Lifestyle afin de distribuer leur appareil d'inhalation breveté sans chauffage. L'appareil, qui utilise des vibrations ultrasoniques pour créer une fine brume, peut administrer en toute sécurité de la nicotine, des cannabinoïdes et des composés de bien-être. À partir de la mi-décembre, les produits CURB seront disponibles via les boutiques de commerce électronique et le portail de vente en gros de Greenlane. L'appareil présente une technologie 100% soluble dans l'eau, garantissant pureté et efficacité tout en minimisant les risques pour la santé. Les deux entreprises exploreront le développement de produits de style de vie avec des formules de bien-être pour les vitamines, les suppléments d'entraînement, les aides au sommeil et les applications pour le soulagement du stress.
Greenlane Holdings (NASDAQ:GNLN) hat einen exklusiven, mehrjährigen globalen Vertriebsvertrag mit CURB Lifestyle unterzeichnet, um ihr patentiertes, nicht erhitztes Inhalationsgerät zu vertreiben. Das Gerät, das Ultraschallvibrationen verwendet, um einen feinen Nebel zu erzeugen, kann sicher Nikotin, Cannabinoide und Wellness-Verbindungen abgeben. Ab Mitte Dezember werden CURB-Produkte über die Online-Einzelhandelsgeschäfte und das Großhandelsportal von Greenlane erhältlich sein. Das Gerät verfügt über eine 100% wasserlösliche Technologie, die Reinheit und Wirksamkeit gewährleistet und Gesundheitsrisiken minimiert. Beide Unternehmen werden die Entwicklung von Lifestyle-Produkten mit Wellness-Formulierungen für Vitamine, Trainingssupplements, Schlafhilfen und Stressabbau-Anwendungen erkunden.
- Exclusive global distribution agreement securing new revenue stream
- Product expansion into multiple billion-dollar markets (nicotine, cannabis, wellness)
- Immediate product availability through established sales channels
- Strategic alignment with company's diversification strategy
- None.
Insights
The exclusive global distribution deal between Greenlane and CURB represents a significant strategic expansion into multiple high-growth markets. The patented ultrasonic inhalation technology addresses key market demands for safer delivery systems across nicotine, cannabis and wellness verticals. The multi-channel distribution strategy through Greenlane's established platforms (vapor.com, puffitup.com, higherstandards.com) provides immediate market access.
The agreement's value extends beyond traditional cannabis accessories into broader wellness applications, supporting Greenlane's diversification strategy. The technology's water-soluble nature and non-heating mechanism differentiate it from conventional vaporizers, potentially capturing market share from health-conscious consumers. While promising, Greenlane's small market cap of
CURB's ultrasonic vibration technology represents a significant technical advancement over traditional heating-based vaporizers. Key technical differentiators include:
- Ultrasonic mist generation eliminates harmful byproducts associated with heating
- Water-soluble formulation enables superior bioavailability
- Versatile compound compatibility allows product line expansion
Combining Greenlane's industry leading omnichannel distribution platform serving wellness, health, and cannabis industries, with CURB Lifestyle's innovative inhalation technology
BOCA RATON, FL / ACCESSWIRE / December 3, 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 it has signed an exclusive multi-year global distributor agreement with CURB Lifestyle, Inc. ("CURB"), manufacturer of a patented, non-heating, inhalation device capable of safely delivering a wide range of formulations, including nicotine, cannabinoids, and other wellness compounds. CURB's inhalation device is targeting multi-billion-dollar markets, with the primary verticals encompassing nicotine, cannabis and wellness. Starting in mid-December, CURB products will be available to order via the Company's multiple online retail storefronts, (vapor.com, puffitup.com, and higherstandards.com/) as well as its wholesale portal (wholesale.greenlane.com). Greenlane also plans to make the device available to its dispensary clients for use with cannabis formulations as a healthier option of consumption.
"Greenlane is proud to become a global distributor for CURB, a proven innovator in developing a new standard in inhalation devices for consumers," said Barbara Sher, Chief Executive Officer for Greenlane. "Our goal is to provide our customers with access to the best cannabis accessories available, and CURB's products align perfectly with that mission."
Sher added, "CURB's applications go beyond cannabis, with numerous health, safety and wellness features. We are excited to add CURB to our growing portfolio of brands, along with our recently announced distribution agreements with Safety Strips and Veriteque USA, to support our ongoing diversification strategy."
"Partnering with Greenlane represents a significant milestone for CURB. This collaboration enables us to bring our innovative inhalation technology to a global audience, meeting the demand for safer, more effective delivery systems across wellness, cannabis, and nicotine markets. CURB is committed to setting a new standard for consumer inhalation experiences, and with Greenlane's extensive reach and expertise, we are poised to redefine how people approach personal wellness and alternative consumption method," said Tim Matthews, Chief Executive Officer of CURB Lifestyle, Inc.
Innovative Features of CURB Inhalation Device
CURB's patented, non-heating, inhalation device uses ultrasonic vibrations to create a fine mist, ensuring maximum absorption without high temperatures
100% water-soluble, which ensures purity, safety, and efficacyCompatible with a wide range of formulations, including nicotine, cannabinoids, and other wellness compounds
Limited health risks from exposure to harmful chemicals
Preserves the integrity of active compounds
Provides superior user experience
Designed with sustainability in mind, minimizing environmental impact
CURB Product Portfolio
Greenlane and CURB have also agreed to explore the development and distribution of a comprehensive portfolio of lifestyle products designed to seamlessly fit into the daily lives of consumers. Utilizing CURB's innovative formulas, these products will offer a dual-use approach, providing consumers with flexibility and convenience in how they integrate wellness into their routines. CURB and Greenlane will focus on creating a series of wellness formulas aimed at enhancing consumers' health and lifestyle, including vitamins, pre and post workout, sleep aid, stress relief and other lifestyle wellness applications.
About CURB Lifestyle, Inc.
CURB Lifestyle is at the forefront of wellness innovation, specializing in the development of advanced inhalation systems designed to optimize hydration, nutrition, and recovery. Using patented, non-heating atomization technology, CURB converts active ingredients into water-soluble formulations that are delivered via fine mist for rapid absorption. CURB's versatile inhalation devices are designed to safely and effectively deliver a wide range of compounds, including wellness agents, nicotine, and cannabinoids, without the risks associated with traditional heating methods. With a focus on creating healthier, more sustainable solutions, CURB serves multiple markets including health and wellness, fitness, and recreational sectors. Through its cutting-edge technology, CURB aims to revolutionize how consumers experience and integrate wellness into their daily lives.
For more information about CURB, please visit https://www.curbliving.com/
About Greenlane Holdings, Inc.
Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. We operate as a powerful family of brands, third-party brand accelerator, and an omnichannel distribution platform.
We proudly offer our own diverse brand portfolio and our exclusively licensed Marley Natural and K.Haring branded products. We also offer a carefully curated set of third-party products through our direct sales channels and our proprietary, owned and operated e-commerce platforms which include Vapor.com, PuffItUp.com, HigherStandards.com, wholesale.greenlane.com and MarleyNaturalShop.com.
For additional information, please visit: https://investor.gnln.com. For additional information, please visit: https://gnln.com/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Greenlane and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. Greenlane has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in Greenlane's Annual Report on Form 10-K filed for the year ended December 31, 2023 and the Company's other filings with the SEC, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.
Investor Contact:
or
TraDigital IR
Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com
SOURCE: Greenlane Holdings, Inc.
View the original press release on accesswire.com
FAQ
When will CURB products be available through Greenlane's (GNLN) platforms?
What markets will Greenlane's (GNLN) CURB inhalation device target?
How does the CURB inhalation device technology distributed by Greenlane (GNLN) work?
