Greenlane Holdings Inc. Completes $110 Million Private Placement, Prepares to Deploy Funds to Accumulate BERA

Core Viewpoint - Greenlane Holdings, Inc. has successfully completed a $110 million private placement offering, which includes cash and stablecoin investments as well as BERA tokens [1] Financial Summary - The company holds $50 million in cash and approximately 55 million BERA tokens, valued at $110 million based on Binance's 24-hour VWAP as of October 23, 2025 [1] - The offering consists of approximately $50 million in cash and stablecoin investment and $59.5 million in BERA tokens [1] Management Changes - Ben Isenberg has been appointed as Chief Investment Officer to manage the Berachain treasury strategy [1] - Bruce Linton has joined the board as Chairman, and Billy Levy has joined as a director [1]