Core Insights - Findell Capital Management has initiated a new position in Turning Point Brands (NYSE:TPB) valued at approximately $8.9 million, acquiring 90,000 shares during the third quarter [2][3] Company Overview - Turning Point Brands, Inc. is a diversified consumer products company focused on the tobacco and alternative products market, operating through established brands and a multi-channel distribution strategy [6] - The company offers a range of branded consumer products, including rolling papers, tobacco products, cigars, and vapor products, with key brands such as Zig-Zag and Stoker's [7] Financial Performance - Turning Point Brands reported a market capitalization of $1.9 billion, with a trailing twelve months (TTM) revenue of $435.7 million and a net income of $52.4 million [5] - The latest quarter showed a 31% revenue growth to $119 million and a 17% adjusted EBITDA growth to $31.3 million, driven by a significant increase in Modern Oral products, which saw sales jump 628% year over year to $36.7 million [10] Investment Context - Findell Capital Management's new stake in Turning Point Brands represents 3.5% of the fund's $253.4 million in reportable U.S. equity assets, bringing its total positions to 15 at the end of the quarter [3] - The stock price of TPB was $99.56 as of the market close, reflecting a 60% increase over the past year, significantly outperforming the S&P 500's 13% gain during the same period [4]

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 ...