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Greenlane Announces Results of Annual Meeting of Stockholders, Canopy Growth Co Founder Bruce Linton Joins Greenlane's Board of Directors
Accessnewswire· 2025-12-15 12:30
Core Points - Greenlane Holdings, Inc. held its Annual Meeting of Stockholders on December 1, 2025, which was adjourned and reconvened on December 9, 2025 [1] - The company announced the election results of its board of directors, with Bruce Linton being elected as the new Chairman [2] - Stockholders approved the re-appointment of PKF O'Connor Davies, LLP as auditors for the fiscal year ending December 31, 2025 [2] - Additional proposals approved include an amendment to the 2019 Equity Incentive Plan, a Financing Proposal for issuing shares and pre-funded warrants, and an Advisory Compensation Proposal [3] Election Results - Barbara Sher received 126,884 votes (97.06% FOR) and 3,832 votes (2.93% AGAINST) [2] - Donald Hunter received 126,674 votes (96.86% FOR) and 4,095 votes (3.13% AGAINST) [2] - Bruce Linton received 127,751 votes (97.75% FOR) and 2,940 votes (2.24% AGAINST) [2] - William Levy received 127,920 votes (97.82% FOR) and 2,848 votes (2.17% AGAINST) [2] - Michael C. Howe received 126,809 votes (96.97% FOR) and 3,959 votes (3.02% AGAINST) [2] Proposals Approved - Amendment to increase the number of shares authorized under the 2019 Equity Incentive Plan to 3,000,000 [3] - Financing Proposal for issuing shares of common stock and pre-funded warrants [3] - Advisory Compensation Proposal for issuing pre-funded warrants to certain advisors [3]
Greenlane Reports Third Quarter 2025 Financial Results
Accessnewswire· 2025-11-14 21:15
Core Insights - Greenlane Holdings, Inc. reported its financial results for Q3 and the first nine months of 2025, highlighting its focus on Berachain and digital asset treasury strategies [1] Financial Performance - The company provided an update on its financial performance for the third quarter and nine months ended September 30, 2025 [1] Business Strategy - Greenlane is focusing on the expansion of its Berachain treasury strategy, which utilizes the BERA token, a fee token of Berachain, the first Layer 1 blockchain powered by Proof of Liquidity (PoL) [1]
Top Ancillary Cannabis Stocks to Watch in July 2025
Marijuana Stocks | Cannabis Investments And News. Roots Of A Budding Industry.™· 2025-07-20 14:00
Industry Overview - The cannabis industry is projected to exceed $45 billion by 2025, with strong growth expected over the next five years as demand for accessories and digital services increases [1][4] - Ancillary sectors such as technology, packaging, and paraphernalia are becoming essential, providing support without directly handling cannabis [1][4] Legislative Environment - Momentum for cannabis legalization is building, with new bills being introduced in key states and some regions expanding medical access or softening penalties [2] - Federal reform remains slow, causing fluctuations in cannabis stocks in response to news events [2] Investment Opportunities - Ancillary cannabis companies are seen as a smart investment for exposure to the cannabis sector without the legal risks associated with growers or dispensaries [1][4] - Key ancillary stocks to monitor include Leafly Holdings Inc. (LFLY), WM Technology Inc. (MAPS), and Greenlane Holdings Inc. (GNLN) [4][6] Company Profiles Leafly Holdings Inc. (LFLY) - Leafly is a leading online cannabis marketplace, serving millions of users and listing inventory from over 10,000 licensed dispensaries [5][7] - The company is facing financial strain, having shifted to over-the-counter trading, with anticipated Q1 2025 revenue around $8.5 million [7] - Leafly's primary revenue source is advertising, but operational losses are a concern, necessitating improved monetization and cost management [7] WM Technology Inc. (MAPS) - WM Technology, known as Weedmaps, connects consumers with licensed retailers and provides digital tools for over 5,000 cannabis businesses [8] - In Q1 2025, Weedmaps reported revenue of $44.6 million, maintaining positive adjusted operating income of $2.6 million, indicating financial stability [8] - The company is focusing on improving platform features and retaining long-term clients, despite a slowdown in new customer growth [8] Greenlane Holdings Inc. (GNLN) - Greenlane is a supplier of cannabis accessories and packaging, specializing in vaporizers and safety packaging, with operations across North America and abroad [9] - The company raised $25 million through a private placement in February 2025 and executed a 1-for-750 reverse stock split to meet Nasdaq standards [11] - Greenlane is undergoing restructuring efforts to stabilize and return to profitability, with revenue figures for Q1 yet to be disclosed [11] Market Sentiment - Ancillary cannabis companies are viewed as strong entry points for investors seeking exposure without direct investment in cultivation or retail [12] - Each company presents unique advantages and challenges, with July 2025 being a critical time to monitor their progress and consider investment opportunities [12]
Greenlane(GNLN) - Prospectus
2024-08-28 21:29
As filed with the Securities and Exchange Commission on August 28, 2024 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 GREENLANE HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 5099 83-0806637 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 1095 Broken Soun ...