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Greenlane Holdings Reports Q4 Earnings With 54% YoY Net Sales Increase Following KushCo Merger
Monday, January 31, 2022 - 5:50pm | 322Greenlane Holdings, Inc. (NASDAQ: 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...
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What Was The Cannabis Community Thankful For This Thanksgiving?
Thursday, November 25, 2021 - 3:20pm | 1116Cannabis operators tell Benzinga that there is much to be thankful for as the United States heads into Thanksgiving this year. Dozens of sources cited a range of subjects they're thankful for, including the eroding stigma against the plant, growing sectors and state marketplaces...
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Cannabis Earnings: Greenlane Posts Record Q3 Revenue Of $41.3M, Up By 16% YoY
Tuesday, November 16, 2021 - 8:43am | 593Greenlane Holdings, Inc. (NASDAQ: GNLN) reported financial results Monday for the third quarter ended September 30, 2021, revealing revenue of $41.3 million, up by 16% from $35.8 million in the same period year ago. Q3 Financial Summary Gross profit was $122,000, compared to...
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Greenlane Expects Q3 Revenue At $40-$41M, Streamlines Operations For Stronger Balance Sheet
Thursday, November 4, 2021 - 10:19am | 495Cannabis company Greenlane Holdings, Inc. (NASDAQ: GNLN) announced preliminary financial data Wednesday for its third quarter ended Sept. 30, with net sales expected to range between approximately $40 million and $41 million. The results reflect roughly one month of combined operations...
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Greenlane And Cookies Founder Berner Collaborate On Newly Shaped Pre Roll - The Cali By VIBES
Wednesday, October 20, 2021 - 1:16pm | 463Cannabis retailer Greenlane Holdings, Inc. (NASDAQ: GNLN) has launched a newly shaped pre-roll dubbed The Cali by VIBES. VIBES Fine Rolling Papers is a joint venture between Greenlane and rapper Berner, CEO and founder of cannabis company Cookies. The new product comes on the heels of a...
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Greenlane To Acquire Portable Vaporizer Manufacturer DaVinci For Undisclosed Price
Tuesday, October 19, 2021 - 4:27pm | 653Greenlane Holdings, Inc. (NASDAQ: GNLN) announced Tuesday that it had entered into a definitive agreement to acquire DaVinci, a leading developer and manufacturer of premium portable vaporizers. The terms of the deal were not disclosed. DaVinci is known for its Clean First innovation...
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Cannabis Movers & Shakers: TOCC, 1933 Industries, Iter Investments, Greenlane
Wednesday, October 6, 2021 - 12:30am | 946Former Tilray Exec Steven Yoo Named Texas Original Compassionate Cultivation's New CFO Texas medical cannabis provider, Texas Original Compassionate Cultivation announced Wednesday that Steven Yoo agreed to oversee its financial department. Yoo, who is a former executive at...
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KushCo And GreenLane Shareholders Overwhelmingly Approve Big Merger
Friday, August 27, 2021 - 9:55am | 470KushCo Holdings, Inc. (OTCQX: KSHB) revealed Thursday that its stockholders overwhelmingly voted to approve the previously announced merger agreement with Greenlane Holdings, Inc. (NASDAQ: GNLN) at the special meeting of stockholders, with over 97% of votes cast voted in favor of the proposal. In...
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Greenlane Holdings Cannabis Co. To Raise $32M Ahead Of Closing Merger With KushCo Holdings
Monday, August 9, 2021 - 11:12am | 440Greenlane Holdings, Inc. (NASDAQ: GNLN) is looking to raise $32 million through a registered direct offering of its shares, priced at the market under NASDAQ rules. The Boca Raton, Florida-based company, agreed to sell institutional investors some $10.13 million shares of its stock and warrants to...
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KushCo Q3 Revenue Jumps 27% YoY To $28.3M Thanks To Improved Cannabis Products Sales
Friday, July 9, 2021 - 9:16am | 596KushCo Holdings, Inc. (OTCQX: KSHB) generated net revenue of $28.3 million in its fiscal third quarter, representing 27% year-over-year growth. Cannabis ancillary products supplier attributed revenue improvements to higher sales to the company’s current multi-state...
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Cannabis Companies On The Move: Greenlane And KushCo Shareholders To Vote On Proposed Merger
Tuesday, July 6, 2021 - 11:27am | 398Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) are wrapping up their merger. On Tuesday, the companies announced the commencement of the proxy solicitation in connection with the all-stock deal, under which KushCo agreed to become a wholly-owned subsidiary of...
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KushCo Holdings Announces Q3 2021 Preliminary Results Ahead Of Merger With Greenlane
Tuesday, June 15, 2021 - 9:59am | 450KushCo Holdings, Inc. (OTCQX: KSHB) expects that its preliminary and unaudited fiscal third quarter 2021 revenue will range between $27.5 million and $28 million, representing an increase between 21% and 26% on a year-over-year basis. The revenue growth can be mainly attributed to a spike in sales...
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Cannabis Co Greenlane Holdings And KushCo Holdings Move A Step Closer To Merger
Tuesday, May 25, 2021 - 11:05am | 472Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) are one step closer to finalizing their recent merger. In March, the companies announced that KushCo had agreed to become a wholly-owned subsidiary of Greenlane under an all-stock deal. On Tuesday, the companies...
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Video: KushCo CEO Explains How Greenlane Merger Catapults Them To 'The Next Level'
Wednesday, April 14, 2021 - 5:04pm | 1014At the end of March, KushCo Holdings, Inc. (OTCQX: KSHB) announced a merger with cannabis ancillary products supplier Greenlane Holdings, Inc. (NASDAQ: GNLN). Under the agreement, KushCo will become a wholly-owned subsidiary of Greenlane, and the company’s co-founder, chairman and CEO, Nick...
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KushCo, Greenlane To Merge In All-Stock Deal, Creating 'Innovative Supplier Of Cannabis Ancillary Products'
Wednesday, March 31, 2021 - 10:55am | 578Shares of cannabis-focused ancillary products and services providers KushCo Holdings, Inc. (OTCQX: KSHB) and Greenlane Holdings, Inc. (NASDAQ: GNLN) are trading up by double-digits on Wednesday morning after the companies confirmed they will be merging. What Happened Under the agreement...