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Greenlane Holdings - GNLN STOCK NEWS

Welcome to our dedicated page for Greenlane Holdings news (Ticker: GNLN), a resource for investors and traders seeking the latest updates and insights on Greenlane Holdings stock.

About Greenlane Holdings, Inc. (NASDAQ: GNLN)

Founded in 2005, Greenlane Holdings, Inc. is a premier global platform for the development and distribution of premium cannabis accessories, child-resistant packaging, specialty vaporization products, and lifestyle goods. Operating at the intersection of the cannabis, wellness, and safety industries, Greenlane serves thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers across the United States, Canada, Europe, and Latin America. The company’s extensive product portfolio includes its proprietary brands, such as Marley Natural and K.Haring, as well as a carefully curated selection of third-party products.

Core Business and Revenue Streams

Greenlane generates revenue through multiple channels, including direct-to-consumer (DTC) sales via its proprietary e-commerce platforms—Vapor.com, PuffItUp.com, and HigherStandards.com—and wholesale distribution to retailers and dispensaries. Its omnichannel distribution model enables efficient logistics and broad market reach, making it a trusted partner for both established brands and emerging innovators in the cannabis and wellness sectors. The company also operates as a brand accelerator, offering marketing, warehousing, and logistics services to its partners.

Product Portfolio and Market Diversification

Greenlane’s product portfolio spans a wide range of categories:

  • Premium Cannabis Accessories: Vaporizers, pipes, rolling papers, grinders, and child-resistant packaging.
  • Wellness Products: Innovative inhalation devices, canine CBD supplements, and lifestyle goods.
  • Safety Solutions: Drug detection test strips for fentanyl, xylazine, and drink spiking, as well as potassium iodide tablets for radiation emergencies.

In recent years, Greenlane has strategically diversified its offerings to include health and safety products, such as the exclusive distribution of Safety Strips’ drug detection kits and Veriteque’s SwabTek field tests. These initiatives align with its commitment to community safety and wellness, addressing critical public health challenges like the opioid epidemic and drink spiking.

Strategic Partnerships and Competitive Edge

Greenlane’s competitive advantage lies in its robust distribution network, operational efficiency, and strategic partnerships. The company has secured exclusive agreements with innovative brands like CURB Lifestyle for non-heating inhalation devices and Green Gruff for cannabidiol-infused pet supplements. These collaborations enable Greenlane to expand into high-growth markets while leveraging its existing infrastructure to maximize revenue potential.

Operational Strength and Market Position

With operations in multiple cities across the United States and Canada, Greenlane is well-positioned to capitalize on the growing demand for cannabis and wellness products. Its proprietary e-commerce platforms and wholesale portal provide seamless access to a diverse range of products, catering to both individual consumers and institutional clients. The company’s focus on high-margin, innovative products underscores its commitment to sustainable growth and market leadership.

Conclusion

Greenlane Holdings stands out as a dynamic player in the cannabis and wellness industries, combining a diverse product portfolio with an expansive distribution network. By continuously innovating and entering adjacent markets, the company has solidified its reputation as a trusted partner for both brands and consumers. Whether through its exclusive brand partnerships or its commitment to addressing public health challenges, Greenlane remains at the forefront of industry evolution.

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Greenlane Holdings announces changes to its board of directors, with the exit of Jeff Uttz and the appointment of Gina Collins.
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Greenlane Holdings, Inc. (GNLN) reported Q2 2023 financial results with a decrease in revenue to $19.6 million, reduced operating expenses, and a net loss of $10.5 million. The company launched 21 new products and is focused on a path to profitability by reducing costs and emphasizing higher-margin proprietary brands.
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Greenlane Holdings, Inc. (NASDAQ:GNLN) will host a conference call and webcast on August 14, 2023, at 4:30 p.m. Eastern Time to discuss its financial and operational results for Q2 2023. The call will be accessible via webcast and dial-in number. Interested parties can access the webcast and presentation on Greenlane's investor relations website. Replay of the conference call will be available until August 28th, 2023.
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Greenlane Holdings, Inc. (GNLN) pays off $4.27 million asset-based loan and acquires $3.0 million in cash from future receivables financings, fulfilling commitments and releasing obligations and collateral.
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Greenlane Holdings, Inc. has announced the launch of the Cara+ portable concentrate device by their house brand Groove. The product expands Groove's offerings and delivers a high-quality solid concentrate device at a value price. Greenlane is optimistic about future launches from Groove.
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Greenlane Holdings, Inc. has closed its public offering of 4,047,619 units at a price of $1.05 per unit, raising approximately $4.3 million in gross proceeds. The net proceeds will be used for general corporate purposes.
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FAQ

What is the current stock price of Greenlane Holdings (GNLN)?

The current stock price of Greenlane Holdings (GNLN) is $0.615 as of March 5, 2025.

What is the market cap of Greenlane Holdings (GNLN)?

The market cap of Greenlane Holdings (GNLN) is approximately 5.1M.

What does Greenlane Holdings do?

Greenlane Holdings develops and distributes premium cannabis accessories, wellness products, and safety solutions through its e-commerce platforms and wholesale network.

What are Greenlane’s primary revenue streams?

Greenlane generates revenue through direct-to-consumer e-commerce sales, wholesale distribution, and exclusive brand partnerships.

What industries does Greenlane operate in?

Greenlane operates in the cannabis, wellness, and safety industries, serving both B2B and B2C markets.

What are some of Greenlane’s proprietary brands?

Greenlane’s proprietary brands include Marley Natural and K.Haring, alongside a curated selection of third-party products.

How does Greenlane address public health challenges?

Greenlane distributes safety products like drug detection test strips and potassium iodide tablets, addressing issues like the opioid epidemic and radiation emergencies.

What makes Greenlane competitive in its market?

Greenlane’s competitive edge lies in its extensive distribution network, operational efficiency, and strategic partnerships with innovative brands.

What are Greenlane’s recent market expansions?

Greenlane has expanded into wellness and safety markets, distributing products like canine CBD supplements and innovative inhalation devices.

Where does Greenlane distribute its products?

Greenlane distributes products across the United States, Canada, Europe, and Latin America through its e-commerce platforms and wholesale channels.
Greenlane Holdings

Nasdaq:GNLN

GNLN Rankings

GNLN Stock Data

5.09M
7.59M
0.94%
3.56%
10.25%
Tobacco
Wholesale-durable Goods, Nec
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United States
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