Summary

5.91 1.46(32.54%)09/16/2024
Greenlane Holdings Inc (GNLN)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
32.8214.99-42.161,098.88938.75571.65-92.57-98.60


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Trading Data
Close5.91
Open4.50
High7.93
Low4.20
Volume7,819,943
Change1.46
Change %32.82
Avg Volume (20 Days)898,050
Volume/Avg Volume (20 Days) Ratio8.71
52 Week Range0.21 - 21.80
Price vs 52 Week High-72.89%
Price vs 52 Week Low2,714.52%
Range31.34
Gap Up/Down-0.58
Fundamentals
Market Capitalization (Mln)4
EBIDTA-11,019,233
PE Ratio0.0000
PEG Ratio0.0000
WallStreet Target Price5.22
Book Value2.1850
Earnings Per Share-1.2710
EPS Estimate Current Quarter-0.0600
EPS Estimate Next Quarter-0.0600
EPS Estimate Current Year-0.5200
EPS Estimate Next Year-0.2000
Diluted EPS (TTM)-1.2710
Revenues
Profit Marging-0.1852
Operating Marging (TTM)-0.2837
Return on asset (TTM)-0.1311
Return on equity (TTM)-0.3800
Revenue TTM146,310,000
Revenue per share TTM6.8610
Quarterly Revenue Growth (YOY)0.1550
Quarterly Earnings Growth (YOY)0.0000
Gross Profit (TTM)22,765,000
Dividends
Dividend Share0.0000
Dividend Yield
Valuations
Trailing PE0.0000
Forward PE185.1852
Price Sales (TTM)0.0000
Price Book (MRQ)0.5399
Revenue Enterprise Value 0.6934
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding80,467,504
Shares Float68,373,202
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)6.79
Institutions (%)22.51


09/16 08:30 EST - accesswire.com
Greenlane to Launch Fentanyl, Xylazine and Drink Spike Detection Test Strips Product Line
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).
09/01 14:42 EST - marijuanastocks.com
2 Marijuana Stocks To Buy If For New Cannabis Investors
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.
08/29 10:00 EST - marijuanastocks.com
Top Ancillary Cannabis Stocks to Keep on Your Radar in September
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.
08/27 08:30 EST - accesswire.com
Greenlane to Present at National Investment Bankers Association (NIBA) Conference in Florida on September 5, 2024
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.
08/14 11:00 EST - accesswire.com
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)
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.
08/14 07:48 EST - newsfilecorp.com
Safe Supply Commends U.S. Government for Historic New Legislation Mandating Drug Detection Kits, Announces Commercial Acceleration of Drink Spike
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.
08/13 15:35 EST - accesswire.com
Greenlane Announces Closing of $6.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules
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.
08/13 08:00 EST - accesswire.com
Greenlane Announces Purchases of Shares by Chief Executive Officer
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.
08/13 08:00 EST - newsfilecorp.com
Safe Supply Streaming Corp. (SPLY) Announces Landmark USA Expansion of Portfolio Company, Safety Strips Tech Corp., in Partnership with Greenlane Holdings, Inc.
Greenlane's significant retail doors boost Safety Strips' market reach. Greenlane's U.S. sales team accelerates Safety Strips' market entry.
08/12 15:54 EST - accesswire.com
Greenlane Announces Pricing of $6.5 Million Private Placement Priced At-the-Market Under Nasdaq Rules
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.
08/12 12:40 EST - investorplace.com
Why Is Greenlane (GNLN) Stock Up 210% Today?
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.
08/12 09:36 EST - marijuanastocks.com
Top Marijuana Stocks For Investors This Week
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.
08/12 08:30 EST - accesswire.com
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
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.
08/07 09:08 EST - marijuanastocks.com
Top Marijuana Stocks For Investors To Keep On Their August Watchlist
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.
08/06 08:30 EST - accesswire.com
Greenlane's Vapor.com Named to USA Today's List of "America's Top Online Retail Shops" in Recent Survey
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.
08/04 09:55 EST - marijuanastocks.com
2 Marijuana Stocks To Buy For Potential Profits
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.
07/31 16:30 EST - accesswire.com
Greenlane Announces Board's Approval of Reverse Stock Split Ratio
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.
07/29 09:30 EST - marijuanastocks.com
Top Marijuana Stocks For Your August Watchlist
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.
07/29 07:30 EST - accesswire.com
Greenlane CEO Barbara Sher Provides Corporate Update in Letter to Shareholders
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.