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.
Greenlane Holdings, Inc. (Nasdaq: GNLN) generates news across two distinct but connected areas: its long-standing role as a global seller of premium cannabis accessories and related products, and its more recent focus as a Berachain-focused digital asset treasury company. Company press releases and SEC filings show that Greenlane issues frequent updates on its operating performance, strategic initiatives, and capital markets activity.
On this page, readers can follow Greenlane’s announcements regarding its distribution business, including developments in premium smoking accessories, vape devices, lifestyle products, child-resistant packaging, and specialty vaporization products. The company has reported initiatives such as restructuring its sales organization, entering and renewing distribution agreements, and expanding into harm reduction offerings like fentanyl and drink spike detection test strips through its wholesale and e-commerce platforms.
Greenlane’s news flow also reflects its transition into the digital asset space. In 2025, the company announced a Berachain cryptocurrency treasury strategy built around the BERA token, along with a large private placement involving cash, stablecoins, and BERA. Subsequent releases have provided updates on BERA holdings, staking activity, and the formation of a Digital Assets Committee and a Chief Investment Officer role to oversee this strategy.
Investors and observers can expect coverage of quarterly and annual financial results, reverse stock split actions related to Nasdaq listing requirements, board and executive appointments, and ongoing disclosures about the company’s Berachain-focused treasury operations. For those tracking GNLN, this news feed offers a centralized view of Greenlane’s progress as it balances its legacy distribution operations with its evolving digital asset treasury model.
Greenlane Holdings (Nasdaq: GNLN) and KushCo Holdings have merged to create a leading company in the cannabis ancillary products sector. Greenlane's shares will continue trading under the ticker GNLN. Each KushCo shareholder receives 0.3016 of a Greenlane share. The newly combined company aims to leverage its strengths to create significant value through synergies, projecting annual cost savings of $15-20 million. The leadership team includes CEO Nick Kovacevich, with plans for robust growth and innovation across the industry.
Greenlane Holdings announced that over 99% of stockholder votes were cast in favor of the proposed merger with KushCo Holdings. The merger, which is an all-stock, tax-free transaction, will result in KushCo becoming a wholly owned subsidiary of Greenlane. Each KushCo shareholder will receive shares of Greenlane Class A common stock based on the final exchange ratio determined at the merger's closing date. Greenlane plans to file a Form 8-K with the SEC to disclose the final voting results.
KushCo Holdings, Inc. (OTCQX:KSHB) announced that over 97% of its stockholders voted in favor of the merger with Greenlane Holdings, Inc. (NASDAQ:GNLN) during a special meeting. This all-stock, tax-free transaction will make KushCo a wholly-owned subsidiary of Greenlane. Co-founder and CEO Nick Kovacevich expressed gratitude for the strong support from shareholders and emphasized the merger's potential to create a leading ancillary company in the cannabis industry. Greenlane's stockholders also approved the merger on the same day.
Greenlane Holdings reported strong Q2 2021 financial results, with a total revenue of $34.7 million, a 7.1% increase from Q2 2020. Core revenue increased 14.9% to $34.5 million, driven by a 62.5% surge in Greenlane Brands sales, which now represents 25.9% of total revenue. Gross profit rose to $7.8 million, with a gross margin of 22.4%. However, the company faced a $5.8 million net loss and a significant reduction in cash reserves, now at $11.6 million. Greenlane is shifting focus to higher-margin products and aims to lead the ancillary cannabis market.
Greenlane Holdings (NASDAQ: GNLN) announced a registered direct offering to institutional investors, selling 10,126,583 shares at $3.16 each, along with warrants for 6,075,950 additional shares. The offering, led by A.G.P./Alliance Global Partners, is expected to close on August 11, 2021. The warrants have a $3.55 exercise price, valid for five years. This capital raise is part of an effective shelf registration statement with the SEC, aimed at enhancing the company’s growth and operational capabilities.
Greenlane Holdings (GNLN) announced preliminary Q2 2021 results, projecting net sales of approximately $34.5 million and a gross margin between 21% to 22%. The company has a cash balance of about $11.5 million. Due to supply chain uncertainties and ongoing Covid-19 impacts, Greenlane is suspending its pro forma outlook for the year. The merger with KushCo Holdings is expected to close in Q3 2021, pending necessary approvals. A conference call to discuss the Q2 results is scheduled for August 17, 2021.
Greenlane Holdings (NASDAQ: GNLN) and KushCo Holdings (OTCQX: KSHB) have initiated proxy solicitations for their proposed merger, which aims to create a leading ancillary cannabis company. Shareholders are set to vote on August 26, 2021, for approval. The merger has already gained unanimous support from both companies' boards and is expected to close in Q3 2021 if approved. This strategic union will cater to prominent cannabis operators and consumers globally. A dedicated website provides detailed merger information for shareholders.
Greenlane and KushCo have initiated proxy solicitations for their proposed merger, with shareholder meetings set for August 26, 2021. Greenlane's meeting is at 10:00 AM ET, followed by KushCo's virtual meeting at 12:00 PM ET. If approved, this merger will create a major ancillary cannabis company, projected to close in Q3 2021. Both companies' boards have unanimously endorsed the merger, highlighting its potential to serve top multi-state operators and enhance shareholder value. Investors are urged to read the joint proxy statement filed with the SEC.
Greenlane Holdings (NASDAQ:GNLN) and KushCo Holdings (OTCQX:KSHB) announced the expiration of the 30-day waiting period under the HSR Act, a significant milestone towards their proposed merger. The transaction is expected to close in Q3 2021, pending necessary approvals. KushCo's CEO expressed optimism regarding the merger's potential to unlock synergies and capitalize on market opportunities. The companies plan to provide detailed information to stockholders through a joint proxy statement.
Greenlane Holdings reported a strong start to Q1 2021 with total revenue of $34.0 million, a slight increase of 0.4% year-over-year. Core revenue, focusing on non-nicotine sales, grew 11.6% to $32.3 million, now accounting for 94.9% of total sales. The acquisition of Eyce and the merger agreement with KushCo are pivotal, contributing to a record $8.5 million in Greenlane branded sales. However, the company recorded a net loss of $7.7 million and a significant decrease in cash reserves to $12.3 million.