Greenlane Holdings

Greenlane Holdings, Inc. distributes and supplies vaporization products and accessories for vape shops and dispensaries. The firm offers packaging, rolling papers, grinders, glass products, and smoking accessories. The company was founded by Aaron LoCascio and Adam Schoenfeld in 2005 and is headquartered in Boca Raton, FL.

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Greenlane Holdings, Inc. engages in the distribution and supply of vaporization products and accessories for vape shops and dispensaries. It operates through the Consumer Goods and Industrial Goods segments. Its brands include Pollen Gear, Higher Standards, Groove, Marley Natural, and Aerospaced. The company was founded by Aaron LoCascio in 2005 and is headquartered in Boca Raton, FL.

BOCA RATON, FL / ACCESSWIRE / March 23, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, is scheduled to host a conference call and webcast on Thursday, March 31, 2022 at 8:30 a.m. Eastern time to discuss its financial and operational results for its fourth quarter and full year ended December 31, 2021, followed by a question-and-answer session.

Greenlane to Host Fourth Quarter and Full Year 2021 Conference Call on March 31, 2022 at 8:30 a.m. Eastern Time

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Cannabis accessories company Greenlane Holdings GNLN, +1.13% said Thursday it will save $8 million in costs after reducing its work force as part of a plan to accelerate its path to profitability. The company did not provide a number of people that were affected by the move.

Greenlane Holdings shares rise on cost-cutting plans

Headcount Reductions, Exclusive of Anticipated Pre-Announced Merger Synergies, Expected to Result in Approximately $8 Million in Additional Annual Cost Savings Craig Snyder Appointed as New Chief Commercial Officer, Responsible for the Company's Sales and "Go-to-Market" Strategy Company Intends to Sell Non-Core Assets, Dispose of Low-Margin Inventory, and Secure Asset-Based Loan to Capitalize the Business and Increase Liquidity BOCA RATON, FL / ACCESSWIRE / March 10, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced leadership changes and plans to capitalize the business and accelerate the Company's path to profitability, as well as provided preliminary financial results for its fourth quarter and full year ended December 31, 2021. Corporate Plans to Reduce Cost Structure and Increase Liquidity As part of its ongoing cost-cutting initiatives to accelerate the path to profitability, Greenlane completed a reduction in force, which the Company expects will result in approximately $8.0 million in annualized cash compensation cost savings.

Greenlane Announces Leadership Changes and Plans to Capitalize Business and Accelerate Path to Profitability

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Greenlane Holdings, Inc. GNLN reported its preliminary financial results for its fourth quarter and full-year ended December 31, 2021, reflecting the first full quarter of combined operations following the successful merger of Greenlane and KushCo Holdings, Inc., which was completed on August 31, 2021. The Company also announced a preliminary investor conference schedule for the next couple of months.

Greenlane Holdings Reports Q4 Earnings With 54% YoY Net Sales Increase Following KushCo Merger

Q4 2021 Preliminary Revenue of Between $55.5 Million and $56.5 Million Up 54% Year-over-Year, Driven by an Increase in Sales of Greenlane Brands and the KushCo Merger BOCA RATON, FL / ACCESSWIRE / January 31, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced preliminary financial results for its fourth quarter and full year ended December 31, 2021, which reflects the first full quarter of combined operations following the successful merger of Greenlane and KushCo Holdings, Inc. ("KushCo"), which was completed on August 31, 2021. The Company also announced a preliminary investor conference schedule for the next couple of months.

Greenlane Reports Preliminary Fourth Quarter and Full Year 2021 Financial Results and Announces Near-Term Investor Conference Participation

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Company's Strong Compliance Infrastructure and Technical Know-How Enable Successful Navigation of the PACT ACT Over 97% of Company's Shipments Are Now Eligible for Shipment Using Major Carriers or Freight BOCA RATON, FL / ACCESSWIRE / January 11, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it has received approval from the United States Postal Service (the "USPS") for a business and regulatory exception to the Prevent All Cigarette Trafficking Act ("PACT Act"), allowing Greenlane to ship vaporizers and accessories classified as electronic nicotine delivery systems ("ENDS") products to other compliant businesses. With this new approval, over 97% of total annual sales will be eligible for shipment by freight, USPS, or major carriers, and the PACT Act's impact will be reduced to less than 3% of annual sales.

Greenlane Receives Approval from U.S. Postal Service to Ship B2B Electronic Nicotine Delivery Systems (ENDS) Products

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Company Achieved Approximately $8 Million of Cost Saving Synergies for the Four Months Following KushCo Merger; Reiterates Total Cost Saving Synergies of $15 to $20 Million Within 24 Months of Closing Aaron LoCascio to Step Down as President and Remain as Board Member; Adam Schoenfeld to Transition to Chief Marketing Officer Role with Company Eliminating Chief Strategy Officer Role Company Secures $8 Million Bridge Loan from LoCascio to Support Organic Growth Initiatives BOCA RATON, FL / ACCESSWIRE / January 4, 2022 / Greenlane Holdings, Inc. ("Greenlane" or "the Company") (NASDAQ:GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today provided an operational and integration update, as well as announced leadership changes to streamline the organization and optimize the cost structure of the business. Operational and Integration Update Greenlane is pleased to have achieved its synergies for the first four months following the closing of its merger with KushCo Holdings, Inc. ("KushCo") in August 2021.

Greenlane Provides Operational Update and Announces Leadership Changes to Streamline and Optimize Business

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