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Greenlane Holdings

GNLN
NASDAQConsumer Discretionary
$5.20
USD
+0.93(+21.78%)
At close: Apr 30, 20:00 UTC
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Open

$4.89

Prev. Close

$4.89

High

$5.07

Low

$4.89

Market Snapshot

Market Cap

$801.45K

P/E Ratio

-0.0

EPS

-13965.00

Revenue

$13.28M

Employees

49

Why GNLN moved

Greenlane Holdings saw a 21.4% drop in short interest, with 36,012 shares reported as of April 15, indicating growing confidence among investors.

About

Greenlane Holdings, Inc. engages in the distribution and supply of vaporization products and accessories for vape shops and dispensaries. The company is headquartered in Boca Raton, Florida and currently employs 49 full-time employees. The company went IPO on 2019-04-18. The firm operates as a family of brands, third-party brand accelerator, and an omnichannel distribution platform. The firm offers its own diverse brand portfolio and its licensed Marley Natural and K.Haring branded products. The company also offers a set of third-party products through its direct sales channels and its proprietary, owned and operated e-commerce platforms. Its Greenlane Brands include Groove, its smoke shop and ancillary product brand - Higher Standards, and its child-resistant packaging brand - Pollen Gear. The company merchandises vaporizers, packaging, and other ancillary products in the United States, Canada, Europe, and Latin America. Its third-party brands include Storz and Bickel, Grenco Science, PAX, and Cookies.

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