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 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.
Greenlane Holdings (GNLN) announced its participation in the Canaccord Genuity Virtual Cannabis Conference on May 11, 2021. CEO Aaron LoCascio will present at 2:30 p.m. ET and will engage in small group and one-on-one meetings with investors throughout the day. The event highlights Greenlane's role as a leading seller of premium cannabis accessories and specialty vaporization products, serving over 8,000 retail locations globally. The conference represents an opportunity for investor engagement.
Greenlane Holdings, Inc. (NASDAQ: GNLN) has scheduled a conference call for May 18, 2021, at 8:30 a.m. ET, to discuss its first-quarter financial results ending March 31, 2021. The Company, a leading seller of premium cannabis accessories and vaporization products, will report results prior to the call.
Investors can access the conference via a dial-in number (833) 519-1285 and use conference ID 3068055. Replay options will be available until June 1, 2021. Greenlane serves over 8,000 retail locations globally, showcasing a strong market presence.
Greenlane Holdings (GNLN) and KushCo Holdings announce their enterprise leadership team following their proposed merger.
Nick Kovacevich will serve as CEO, while other key roles include Bill Mote as CFO and Aaron LoCascio as President. The leadership team aims to deliver revenue and cost synergies, enhance profitability, and maximize shareholder value.
The merger is expected to close by late Q2 or early Q3 2021, pending regulatory and stockholder approvals.
Greenlane Holdings and KushCo Holdings announced their leadership team following the planned merger, aimed at enhancing profitability and shareholder value. Nick Kovacevich will serve as CEO, with Bill Mote as CFO and Aaron LoCascio as President. The team also includes notable executives such as William Bine (COO) and Rhiana Barr (CPO). The merger is anticipated to conclude by late Q2 or early Q3 2021, pending regulatory approvals. This strategic move is positioned to create a leading ancillary cannabis company.
This press release details the merger agreement between Greenlane Holdings (NASDAQ: GNLN) and KushCo Holdings, marking a strategic consolidation in the cannabis ancillary sector. The deal is projected to yield over $250 million in pro forma revenue for 2020 and generate $15 to $20 million in cost synergies. The exchange ratio offers KushCo shareholders a 6.3% premium. The merger aims to enhance product offerings and expand market reach, with combined management expertise expected to drive growth, pending regulatory approvals.
Greenlane and KushCo have announced a merger agreement that will see KushCo become a wholly owned subsidiary of Greenlane. The transaction, expected to close in late Q2 or early Q3 2021, aims to create a leading ancillary cannabis company with a pro forma revenue exceeding $250 million for 2020. KushCo shareholders will receive approximately 0.2546 shares of Greenlane stock for each share they own, giving them about 49.9% of the combined entity. This merger is projected to yield $15-$20 million in annual cost-saving synergies and expand market opportunities across the cannabis supply chain.
Greenlane Holdings (GNLN) reported a 46.3% increase in revenue for FY 2020, totaling $138.3 million, despite a 25.2% decline from FY 2019. Core revenue rose 12.7% to $125.2 million and Greenlane branded sales jumped 50.5% to $7.8 million in Q4 2020. Merchandise gross margin improved to 28.2% from 15.7% in FY 2019. However, cash decreased by 36.3% year-over-year to $30.4 million. The company aims to enhance its revenue mix and cost structure while expanding its global distribution post-acquisition of Eyce.