Greenlane Holdings

Greenlane Holdings, Inc. distributes and supplies vaporization products and accessories for vape shops and dispensaries. The firm offers packaging, rolling papers, grinders, glass products, and smoking accessories. The company was founded by Aaron LoCascio and Adam Schoenfeld in 2005 and is headquartered in Boca Raton, FL.

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Greenlane Holdings, Inc. engages in the distribution and supply of vaporization products and accessories for vape shops and dispensaries. It operates through the Consumer Goods and Industrial Goods segments. Its brands include Pollen Gear, Higher Standards, Groove, Marley Natural, and Aerospaced. The company was founded by Aaron LoCascio in 2005 and is headquartered in Boca Raton, FL.

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Marijuana stock investors are always looking for new market opportunities. Now could be a good time to take profits and pick up even more shares. With the impact of cannabis politics and the presidential race most of the cannabis sector has been even more volatile. Inside the cannabis industry, there is another push to pass federal reform and work on other regulatory concerns.

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The US cannabis industry is experiencing significant growth, driven by increasing legalization efforts and expanding consumer demand. In 2023, the US cannabis market reached $26.1 billion in sales, with experts projecting it could hit $45 billion by 2025. Continued legislative efforts, including a recent headline about US Senate discussions on federal marijuana reform, fuel this rapid expansion. As states like New York and New Jersey continue to roll out legal frameworks, opportunities for cannabis companies, especially penny stocks, are growing. These low-cost stocks can offer high potential returns, making them worth watching closely this week.

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Vancouver, Kelowna, and Delta, British Columbia--(Newsfile Corp. - September 20, 2024) - Investorideas.com, a go-to investing platform covering cannabis stocks releases an industry snapshot looking at the battle against dangerous drugs, including fentanyl, featuring Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products. Read the full article on Investorideas.com https://www.investorideas.com/News/2024/biotech/09200Battle-against-Fentanyl-and-Dangerous-Drugs.asp According to Fact.MR , "The global opioid overdose treatment market is expected to reach a value of US$ 1.54 billion in 2024, as revealed in a new industry analysis published by proficient researchers at Fact.MR, a market research and competitive intelligence provider.

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Product Launch Addresses Opioid Epidemic and Drink Spiking in Response to New California Legislation Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Safe Supply Streaming Co Ltd. (CSE: SPLY) is pleased to announce significant progress within its portfolio through Safety Strips Inc. ("Safety Strips"), as they introduce high-performing, reliable test strips designed to combat the rising dangers of fentanyl, xylazine, and drink spiking.

Safe Supply Streaming Portfolio Company Safety Strips Launches Affordable and Reliable Drug Detection Strips

Portfolio includes Safety Strips, Inc.'s low-cost test strip that provides an affordable, reliable way for people to test substances for two of the dangerous adulterants that are exacerbating the growing opioid epidemic Drink Spike Test strips meet New California Assembly Bill No 1013 , passed July 2024, that requires Clubs and Bars to offer for sale to their customers drug testing devices designed to detect the presence of controlled substances in a drink Greenlane to leverage its strong distribution, operations, marketing and sales teams to support the brand BOCA RATON, FL / ACCESSWIRE / September 16, 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 its plans to launch an all-new line of fentanyl, xylazine and drink spike detection test strips under the Safety Strips, Inc. ("Safety Strips") brand of drug test strips. Products will be available to order beginning September 25th via the Company's multiple online retail storefronts, (vapor.com, puffitup.com, and higherstandards.com/) as well as its wholesale portal (wholesale.greenlane.com).

Greenlane to Launch Fentanyl, Xylazine and Drink Spike Detection Test Strips Product Line

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Many marijuana stock investors are focused on the future as there is much in the works. For instance, with it being an election year we could see another moment of build-up for a major letdown. Yet even if presidential candidates do not do anything for legal cannabis speculation could still create momentum. As well there are more legal operators looking to show innovation. Plus continued growth as legal cannabis becomes viewed as a legitimate industry.

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As the cannabis industry in the United States continues to grow, ancillary marijuana stocks are attracting significant attention from investors. These companies provide essential services and products that support the broader cannabis market, making them integral to the industry's success. Currently, the US cannabis market is valued at over $30 billion, with projections indicating it could reach $50 billion by 2026. This rapid growth and increasing legalization efforts nationwide make ancillary cannabis stocks an intriguing investment opportunity. Recently, headlines have highlighted ongoing discussions about federal legalization, which could further boost the market. However, navigating this sector requires a careful approach, particularly given its volatility.

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Company to Share New Vision for Growth Update on steps to realign and simplify its business structure, bring a stronger focus to serving customers, enable a more competitive cost model, and better position the company for future growth and improved profitability BOCA RATON, FL / ACCESSWIRE / August 27, 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 that its Chief Executive Officer, Barbara Sher, will participate in the National Investment Banking Association's (NIBA) 150th Investment Conference on September 4-5, 2024 in Ft. Lauderdale, Florida.

Greenlane to Present at National Investment Bankers Association (NIBA) Conference in Florida on September 5, 2024

NEW YORK, NY / ACCESSWIRE / August 14, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on a $6.5 Million Private Placement Priced At-the-Market for Greenlane Holdings, Inc. (NASDAQ:GNLN). Greenlane Holdings, Inc. Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, and Europe.

Aegis Capital Corp. acted as Exclusive Placement Agent on a $6.5 Million Private Placement Priced At-the-Market for Greenlane Holdings, Inc. (NASDAQ: GNLN)

California Bars and Clubs Are Now Mandated to Offer Date Rape Drug Test Kits Safety Strips is First to Achieve Mass-Scale Readiness in California Safe Supply to Accelerate Production of Drink Spike to Meet the Demand Surge as California Businesses Comply with New Regulations Toronto, Ontario--(Newsfile Corp. - August 14, 2024) - Safe Supply Streaming Co Ltd. (CSE: SPLY) (FSE: QM4) (OTCQB: SSPLF) ("Safe Supply" or "the Company") is thrilled to announce the commercial acceleration of its portfolio company Safety Strips Tech Corp ("Safety Strips") and their innovative Drink Spike test strips in response to recent U.S. legislation.

Safe Supply Commends U.S. Government for Historic New Legislation Mandating Drug Detection Kits, Announces Commercial Acceleration of Drink Spike

BOCA RATON, FL / ACCESSWIRE / August 13, 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 the closing of a private placement with a single institutional investor for aggregate gross cash proceeds of $6.5 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for working capital and general corporate purposes.

Greenlane Announces Closing of $6.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules

Greenlane's significant retail doors boost Safety Strips' market reach. Greenlane's U.S. sales team accelerates Safety Strips' market entry.

Safe Supply Streaming Corp. (SPLY) Announces Landmark USA Expansion of Portfolio Company, Safety Strips Tech Corp., in Partnership with Greenlane Holdings, Inc.

BOCA RATON, FL / ACCESSWIRE / August 13, 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 that its Chief Executive Officer, Barbara Sher, acquired 12,500 common shares of Greenlane ("Common Shares") on the open market between August 5th and August 9th at an average price of $2.66 per Common Share. The purchase of Common Shares by the Chief Executive Officer of the Company reflects confidence in the intrinsic value of the stock and the near-term and long-term growth prospects of the Company About Greenlane Holdings, Inc. Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers.

Greenlane Announces Purchases of Shares by Chief Executive Officer

BOCA RATON, FL / ACCESSWIRE / August 12, 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 that it has entered into a securities purchase agreement with a single institutional investor for aggregate gross cash proceeds of $6.5 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the private placement for working capital and general corporate purposes.

Greenlane Announces Pricing of $6.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules

Greenlane (NASDAQ: GNLN ) stock is rocketing higher on Monday alongside a letter of intent for the cannabis accessories company to sell new testing strips in the U.S. Greenlane has reached an agreement with Safety Strips to act as the exclusive seller of the company's fentanyl, xylazine and drink spike detection test strips. This allows for quick and affordable testing for fentanyl, xylazine and spiked drinks.

Why Is Greenlane (GNLN) Stock Up 210% Today?

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As marijuana stock investors begin a new week their eyes are open for market momentum. As we close in on the back end of 2024 there has been a great deal of progress for the cannabis industry. Despite this success not 100 percent turning into better trading that does not mean it won't in the future. At one time when news on a company's progress was known it helped with how either one company or much of the sector traded.

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High-sensitivity test strips offer powerful detection capability for the current and growing opiate crisis Combining Greenlane's industry leading omnichannel distribution platform with Safety Strips affordable and highly accurate ISO certified test strips to help prevent opioid-related deaths BOCA RATON, FL / ACCESSWIRE / August 12, 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 that it has entered into a non-binding letter of intent (the "LOI") to be the exclusive distributor in the U.S, of Safety Strips, Inc.'s fentanyl, xylazine and drink spike detection test strips. Safety Strips, Inc. Testing Strips "We are excited and proud to provide Safety Strips affordable and highly accurate tests with trace level fentanyl and xylazine detection capabilities to our customers throughout the U.S.," said Barbara Sher, Chief Executive Officer for Greenlane.

Greenlane Announces Non-Binding Letter of Intent to be the Exclusive Distributor in the U.S. of Safety Strips, Inc.'s Fentanyl, Xylazine and Drink Spike Detection Test Strips

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What are some of the fears marijuana stock investors have? For most, it would be buying shares and watching them fall below your entry position. This would mean you are in the negative and not able to take profits. With how unpredictable cannabis stocks can be this is fear for some. Other fears include more hold-ups with regulatory concerns for each legal state.

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BOCA RATON, FL / ACCESSWIRE / August 6, 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, announced that its online shop, Vapor.com, was included on USA Today's list of America's Top Online Shops. In partnership with the data analysis company Plant A Insights, USA Today interviewed about 45,000 consumers and collected more than 267,000 retailer reviews.

Greenlane's Vapor.com Named to USA Today's List of "America's Top Online Retail Shops" in Recent Survey

What will it take for marijuana stocks to see consistent upward trading? Well, there is no simple answer as there are many variables that can impact trading. For instance, if one company has bad earnings or news it can impact how the company trades. Also, this can have an impact on other marijuana stocks as speculation can be a factor as well.

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BOCA RATON, FL / ACCESSWIRE / July 31, 2024 / Greenlane Holdings, Inc. (NASDAQ:GNLN) ("Greenlane"), a global seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it will effect a one-for-11 reverse stock split ("reverse split") of its Class A common stock, par value $0.01 per share ("Class A common stock"), that will become effective on August 5, 2024 at 12:01 AM Eastern Time, before the opening of trading on The Nasdaq Capital Market ("Nasdaq"). Greenlane has requested that Greenlane's Class A common stock begin trading on August 5, 2024, on a post-reverse split basis on the Nasdaq under the existing symbol "GNLN.

Greenlane Announces Board's Approval of Reverse Stock Split Ratio

What is it that marijuana stock investors specifically look for when investing? Now the basic principle to investing which is to buy low and sell high is the same no matter the investment. Yet when investing in different sectors certain factors can play a significant role. In the cannabis sector, politics like the upcoming presidential election or the push for better reform can be those factors. Things like state-level rules and regulations could also be a variable to consider.

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BOCA RATON, FL / ACCESSWIRE / July 29, 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 issued a corporate update in a Letter to Shareholders from CEO Barbara Sher. Dear Fellow Shareholders, I'd like to begin by expressing my upmost thanks and appreciation to all of our team members for their hard work and dedication to doing the best for our customers and our stakeholders.

Greenlane CEO Barbara Sher Provides Corporate Update in Letter to Shareholders

With all that is happening in politics, how will marijuana stocks react in the market? At times, the way most sectors trade based on politics can be either good or bad. For example, when the DEA announced the rescheduling of cannabis many marijuana stocks began to rise. The sector is highly volatile and this can lead to unpredictable trading patterns.

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