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Greenlane Holdings (GNLN) Stock

Profile

Industry:

Tobacco

Country:

United States

IPO:

18 April 2019

Indexes:

Not included

Description:

Greenlane Holdings (GNLN) is a company that provides products and services for the cannabis industry. They focus on selling accessories, packaging, and technology to help businesses in the cannabis market. Their goal is to support the growth and development of legal cannabis businesses.

Key Details

Price

$1.52

Annual Revenue

$65.37 M(-52.31% YoY)

Annual EPS

-$89.76(+96.37% YoY)

Annual ROE

-128.74%

Beta

0.04

Events Calendar

Earnings

Next earnings date:

July 25, 2025

Recent quarterly earnings:

Nov 15, 2024

Recent annual earnings:

Apr 03, 2023
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

Aug 05, 2024

Analyst ratings

Recent major analysts updates

09 June '23 Benchmark
Speculative Hold
01 Nov '22 Roth Capital
Neutral
11 Mar '22 Canaccord Genuity
Speculative Buy
01 Oct '21 Jefferies
Buy
07 Sept '21 Alliance Global Partners
Buy
03 Sept '21 Roth Capital
Buy
18 Aug '21 Roth Capital
Buy
05 Apr '21 Roth Capital
Buy
31 Mar '20 Roth Capital
Buy
31 Mar '20 Northland Capital Markets
Outperform

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Institutional Ownership

CORRECTION FROM SOURCE: Greenlane Appoints Rob Shields as Chief Growth Officer
CORRECTION FROM SOURCE: Greenlane Appoints Rob Shields as Chief Growth Officer
CORRECTION FROM SOURCE: Greenlane Appoints Rob Shields as Chief Growth Officer
GNLN
accesswire.com23 December 2024

Effective dates for appointment have been added. Experienced executive in scaling business and growing revenue BOCA RATON, FL / ACCESSWIRE / December 23, 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 that Rob Shields has been appointed to the new role of Greenlane's Chief Growth Officer (CGO), effective January 1, 2025.

Greenlane Appoints Rob Shields as Chief Growth Officer
Greenlane Appoints Rob Shields as Chief Growth Officer
Greenlane Appoints Rob Shields as Chief Growth Officer
GNLN
accesswire.com23 December 2024

Experienced executive in scaling business and growing revenue BOCA RATON, FL / ACCESSWIRE / December 23, 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 that Rob Shields has been appointed to the new role of Greenlane's Chief Growth Officer (CGO), effective (Date). Shields has served as a consultant for Greenlane since (Date).

Top Marijuana Stocks For Long-Term Players
Top Marijuana Stocks For Long-Term Players
Top Marijuana Stocks For Long-Term Players
GNLN
marijuanastocks.com16 December 2024

As the push to advance legal cannabis continues marijuana stocks are feeling the impact. The cannabis industry for each legal state or global region has its own set of laws and regulations. Currently in the USA, the fight for better reform and regulations has impacted the sector as a whole. For instance, you would think with billions being made by certain companies banking measures would have already been in place.

Top Marijuana Stocks That Are Impacted By Federal Reform
Top Marijuana Stocks That Are Impacted By Federal Reform
Top Marijuana Stocks That Are Impacted By Federal Reform
GNLN
marijuanastocks.com13 December 2024

Cannabis reform has played a big part in the way most marijuana stocks trade. But reform has been both bittersweet for consumers and business owners. For particular states in the US having legal cannabis is a certain victory for the culture. But in places like Florida quality is a big concern for consumers and the lack of proper quality control has impacted business dramatically. Which in turn has shaken some board members and shareholders for those companies that are publicly traded.

Safe Supply Streaming Co. Ltd. Portfolio Company Safety Strips Tech Corp. Advances Strategy with Greenlane Holdings Inc. Distribution Agreement
Safe Supply Streaming Co. Ltd. Portfolio Company Safety Strips Tech Corp. Advances Strategy with Greenlane Holdings Inc. Distribution Agreement
Safe Supply Streaming Co. Ltd. Portfolio Company Safety Strips Tech Corp. Advances Strategy with Greenlane Holdings Inc. Distribution Agreement
GNLN
newsfilecorp.com06 December 2024

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").

Greenlane Continues Product Diversification Strategy with Additional Homeland Security and Health Safety Product Offering
Greenlane Continues Product Diversification Strategy with Additional Homeland Security and Health Safety Product Offering
Greenlane Continues Product Diversification Strategy with Additional Homeland Security and Health Safety Product Offering
GNLN
accesswire.com05 December 2024

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).

Greenlane Signs New U.S. Distribution Agreement with Veriteque USA, Manufacturer of the SwabTek(TM) and Verifique(TM) Brand of Field Test Kits
Greenlane Signs New U.S. Distribution Agreement with Veriteque USA, Manufacturer of the SwabTek(TM) and Verifique(TM) Brand of Field Test Kits
Greenlane Signs New U.S. Distribution Agreement with Veriteque USA, Manufacturer of the SwabTek(TM) and Verifique(TM) Brand of Field Test Kits
GNLN
accesswire.com19 November 2024

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.

Greenlane Reports Third Quarter 2024 Financial Results
Greenlane Reports Third Quarter 2024 Financial Results
Greenlane Reports Third Quarter 2024 Financial Results
GNLN
accesswire.com15 November 2024

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.

3 Marijuana Stocks For You To Watch Today
3 Marijuana Stocks For You To Watch Today
3 Marijuana Stocks For You To Watch Today
GNLN
marijuanastocks.com11 November 2024

The cannabis industry has been growing in popularity for years, intriguing more potential investors to take advantage of this burgeoning market. Marijuana stocks have offered an easier chance to do so, especially at a time when volatility is rapid. But is investing in marijuana stocks truly the best option or is it more of a volatile gamble? Well how far legislation has come in the USA has led to a boom in cannabis operators are the nation.

3 Marijuana Stocks To Buy And Hold Today?
3 Marijuana Stocks To Buy And Hold Today?
3 Marijuana Stocks To Buy And Hold Today?
GNLN
marijuanastocks.com08 November 2024

Marijuana stocks saw a drastic drop in trading over the last several days. Yet this may not be as bad as some think it is. Many felt that cannabis reform being voted on in Florida during the presidential election may have been a catalyst for the cannabis sector. But to no unveil it did not pass along with Donald Trump's victory led to a drop in trading.

FAQ

  • What is the primary business of Greenlane Holdings?
  • What is the ticker symbol for Greenlane Holdings?
  • Does Greenlane Holdings pay dividends?
  • What sector is Greenlane Holdings in?
  • What industry is Greenlane Holdings in?
  • What country is Greenlane Holdings based in?
  • When did Greenlane Holdings go public?
  • Is Greenlane Holdings in the S&P 500?
  • Is Greenlane Holdings in the NASDAQ 100?
  • Is Greenlane Holdings in the Dow Jones?
  • When was Greenlane Holdings's last earnings report?
  • When does Greenlane Holdings report earnings?
  • Should I buy Greenlane Holdings stock now?

What is the primary business of Greenlane Holdings?

Greenlane Holdings (GNLN) is a company that provides products and services for the cannabis industry. They focus on selling accessories, packaging, and technology to help businesses in the cannabis market. Their goal is to support the growth and development of legal cannabis businesses.

What is the ticker symbol for Greenlane Holdings?

The ticker symbol for Greenlane Holdings is NASDAQ:GNLN

Does Greenlane Holdings pay dividends?

No, Greenlane Holdings does not pay dividends

What sector is Greenlane Holdings in?

Greenlane Holdings is in the Consumer Defensive sector

What industry is Greenlane Holdings in?

Greenlane Holdings is in the Tobacco industry

What country is Greenlane Holdings based in?

Greenlane Holdings is headquartered in United States

When did Greenlane Holdings go public?

Greenlane Holdings's initial public offering (IPO) was on 18 April 2019

Is Greenlane Holdings in the S&P 500?

No, Greenlane Holdings is not included in the S&P 500 index

Is Greenlane Holdings in the NASDAQ 100?

No, Greenlane Holdings is not included in the NASDAQ 100 index

Is Greenlane Holdings in the Dow Jones?

No, Greenlane Holdings is not included in the Dow Jones index

When was Greenlane Holdings's last earnings report?

Greenlane Holdings's most recent earnings report was on 15 November 2024

When does Greenlane Holdings report earnings?

The next expected earnings date for Greenlane Holdings is 25 July 2025

Should I buy Greenlane Holdings stock now?

As of today, analysts generally recommend a 'Hold' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions