Greenlane HoldingsGNLN
GNLN
About: Greenlane Holdings Inc is a distributor of vaporization products and consumption accessories in the United States. It offers a selection of stock-keeping units including vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers and customized lines of premium specialty packaging. The company markets and sells its products in both the business to business and business to consumer sectors of the marketplace. Its geographical segment includes the United States; Canada and Europe. It derives a majority of revenue from the United States.
Employees: 145
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
3.62% less ownership
Funds ownership: 4.75% [Q2] → 1.13% (-3.62%) [Q3]
48% less funds holding
Funds holding: 21 [Q2] → 11 (-10) [Q3]
61% less capital invested
Capital invested by funds: $93.5K [Q2] → $36.6K (-$56.9K) [Q3]
83% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 12
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 9
Research analyst outlook
We haven’t received any recent analyst ratings for GNLN.
Financial journalist opinion
Based on 7 articles about GNLN published over the past 30 days
Neutral
MarijuanaStocks
4 days ago
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Negative
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Neutral
Newsfile Corp
2 weeks ago
Safe Supply Streaming Co. Ltd. Portfolio Company Safety Strips Tech Corp. Advances Strategy with Greenlane Holdings Inc. Distribution Agreement
Toronto, Ontario--(Newsfile Corp. - December 6, 2024) - Safe Supply Streaming Co. Ltd. (CSE: SPLY) (FSE: QM4) (OTCQB: SSPLF) ("Safe Supply" or the "Company") is pleased to announce a strategic collaboration between its portfolio company, Safety Strips Tech Corp. ("Safety Strips") and Greenlane Holdings, Inc. (NASDAQ: GNLN) ("Greenlane").
Neutral
Accesswire
2 weeks ago
Greenlane Continues Product Diversification Strategy with Additional Homeland Security and Health Safety Product Offering
BOCA RATON, FL / ACCESSWIRE / December 5, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has begun distribution of Toxi Shield by Safety Strips' premium quality and competitively priced iodine tablets produced by Safety Strips, Inc, a portfolio company of Safe Supply Streaming Co Ltd. (CSE:SPLY)(FSE:QM4)(OTCQB:SSPLF).
Neutral
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Neutral
Accesswire
2 weeks ago
Greenlane Signs Exclusive Global Multi-Year Global Agreement to Distribute the CURB Lifestyle, Inc. Breakthrough Inhalation Device Technology for Nicotine, Cannabinoids and Other Wellness Compounds
BOCA RATON, FL / ACCESSWIRE / December 3, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has signed an exclusive multi-year global distributor agreement with CURB Lifestyle, Inc. ("CURB"), manufacturer of a patented, non-heating, inhalation device capable of safely delivering a wide range of formulations, including nicotine, cannabinoids, and other wellness compounds. CURB's inhalation device is targeting multi-billion-dollar markets, with the primary verticals encompassing nicotine, cannabis and wellness.
Negative
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Neutral
Accesswire
1 month ago
Greenlane Signs New U.S. Distribution Agreement with Veriteque USA, Manufacturer of the SwabTek(TM) and Verifique(TM) Brand of Field Test Kits
Institutional brand, SwabTek™, marketed to high-volume users for the detection of narcotics, explosives, gunshots and to Homeland Security and Customs and Border Protection for instant detection of terror threats and drugs at border checkpoints Consumer brand, Verifique™, marketed for detection of cannabis, fentanyl and other narcotics Simple, safe, and accurate chemistry field tests target global large-scale consumer, education, public health and corporate markets Addition of SwabTek tests to Greenlane's portfolio allows it to offer a more comprehensive array of testing technologies BOCA RATON, FL / ACCESSWIRE / November 19, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced a multi-year distribution agreement with Veriteque USA, Inc., ("Veriteque") a manufacturer of the patented SwabTek™ and Verifique™ brand of single-use, dry reagent presumptive field tests for detection of narcotics, explosives, gunshot residue and other harmful substances. Under the agreement, Greenlane will distribute Veriteque's comprehensive portfolio of field test kits in the U.S. with a focus on institutional retail, education, law enforcement and corporate accounts.
Neutral
Accesswire
1 month ago
Greenlane Reports Third Quarter 2024 Financial Results
Quarterly Financial Highlights $1.4 million, or 52%, sequential revenue increase vs Q2 2024 Gross margin of 75% driven, in part, by E&O inventory sales $2.5 million decrease in salaries and benefits vs Q3 2023 $3.7 million decrease in G&A vs Q3 2023 $6.5 million capital raise Operating Highlights Executed two strategic distribution agreements to expand platform Streamlined our third-party product portfolio Restructured all existing third-party debt facilities Upgraded our sales and marketing organizations BOCA RATON, FL / ACCESSWIRE / November 15, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (Nasdaq:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today reported its financial results for the third quarter and nine months ended September 30, 2024. A Note on Our Revenue Reporting Beginning with our second quarter 2023 earnings release, we implemented a major restructuring of our industrial product lines, transitioning much of this business from gross sales to a commission structure.
Positive
MarijuanaStocks
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