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Greenlane Holdings Inc - GNLN STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Greenlane Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Greenlane Holdings's position in the market.

News
Greenlane Announces Receipt of Nasdaq Listing Deficiency Notice
Rhea-AI Summary
Greenlane Holdings, Inc. (GNLN) has received a notice from Nasdaq indicating non-compliance with listing rules due to the inability to file the Quarterly Report on Form 10-Q for the period ended September 30, 2023. The company has 60 days to submit a plan to regain compliance, with a potential extension of 180 days. However, there is no assurance of plan acceptance or compliance within the extension period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.11%
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none
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News
Greenlane Announces Launch o f New Dry Herb Vaporizer From EYCE
Rhea-AI Summary
Greenlane Holdings, Inc. announces the launch of its newest product, the Eyce PV1 vaporizer. The PV1 offers smooth vapor, portability, and durability. Eyce products are known for their ultrafunctional designs and use of platinum-cured silicone and borosilicate glass. CEO Craig Snyder expresses excitement about the expansion of the Eyce brand and Greenlane's position in the vaporizer space.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
Greenlane Announces Changes to Its Board of Directors
Rhea-AI Summary
Greenlane Holdings announces changes to its board of directors, with the exit of Jeff Uttz and the appointment of Gina Collins.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.84%
Tags
management
News
Greenlane Reports Q2 2023 Fiscal Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
earnings
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News
Greenlane to Host Second Quarter 2023 Conference Call on August 14, 2023 at 4:30 p.m. Eastern Time
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.72%
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conferences earnings
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News
Greenlane Announces Pay Off of $15MM Asset Based Loan, Acquires Approximately $3MM in Cash
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.72%
Tags
acquisition
News
Greenlane Announces Expansion of Groove Line with Launch of Cara+
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3%
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News
Greenlane Launches Eyce Glacier, Celebrates Brand’s 10th Anniversary
Rhea-AI Summary
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End-of-Day
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Greenlane Holdings, Inc. Announces Closing of $4.3 Million Public Offering
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
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offering
News
Greenlane Holdings, Inc. Announces $4 Million Public Offering
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.56%
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offering
Stock GNLN logo
Greenlane Holdings Inc

Nasdaq:GNLN

GNLN Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

GNLN Stock Data

2.24M
3.33M
0.98%
13.95%
0.29%
Automobile and Other Motor Vehicle Merchant Wholesalers
Wholesale Trade
Link
US
Boca Raton

About GNLN

greenlane is the leading distributor of premium brands in the burgeoning head shop, smoke shop, and dispensary channels. since 2005, greenlane has worked diligently to build a reputation as the industry leader by meeting the needs of our customers, suppliers, and the end-users of the products we distribute. we have achieved this by offering the most innovative products at competitive prices, providing white glove customer service, and processing orders quickly with unparalleled, highly efficient operations and logistics. during this time, we have grown to over 100 employees with operations in 5 cities across the united states and canada, and we continue to grow by finding ways to better serve the needs of our customers and suppliers.