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Corporation
CONSUMER PRODUCTS & SERVICES
gnln.com

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Founded Year

2005

Stage

PIPE | IPO

Total Raised

$48.25M

Market Cap

0.11B

Stock Price

1.26

About Greenlane

Greenlane (NASDAQ: GNLN) is a distributor of premium brands in the burgeoning head shop, smoke shop, and dispensary channels.

Greenlane Headquarter Location

1095 Broken Sound Parkway

Boca Raton, Florida, 33487,

United States

877-292-7660

Latest Greenlane News

What Is The Cannabis Community Thankful For This Thanksgiving?

Nov 25, 2021

There's a lot to be grateful for this year. Opinions expressed by Entrepreneur contributors are their own. Cannabis operators tell Benzinga that there is much to be thankful for as the United States heads into Thanksgiving this year. Shutterstock Dozens of sources cited a range of subjects they're thankful for, including the eroding stigma against the plant, growing sectors and state marketplaces and improving tech. Some brought up subjects that included the industry's growth, advancing legislation and their community. Thankful for industry growth, shrinking stigmas Matt Hawkins, managing partner of Entourage Effect Capital and Interim CEO of Harborside Inc, said he is thankful to see the industry grow into a sophisticated, professional space that he's happy to help scale. U.S. sales are slated to reach $26 billion in 2021, according to Marijuana Business Daily. "This is a consequential period of growth, especially considering how private investment firms like Entourage can access attractive deals before institutional investors -which is virtually unheard of in mainstream sectors," said Hawkins. With the COVID-19 pandemic ongoing, several noted that legislative and consumer growth is that much more impressive. They credit the public's increased cannabis use as a critical component. "As COVID continues to be a challenge, more and more people are finding cannabis to be a safe and effective option to treat all the anxiety and depression that has come with battling a pandemic," said Green Chip Stocks founder Jeff Siegel. Joe Caltabiano, CEO of Choice Consolidation Corp., is also thankful to see the stigma erode as plant access increases. "Perhaps even better, we are seeing fewer people prosecuted for the use of cannabis, and we are making real progress toward setting right some of the many wrongs that occurred during the War on Drugs," added Caltabiano. Thankful for making an impact across communities Various educators and operators noted their thanks for being part of community outreach and educational endeavors. Nick Kovacevich, CEO of Greenlane Holdings Inc, said, "I am thankful to be working in an industry that is doing good for society." He noted a range of issues, including job creation, tax generation, patient access, crime reduction and addressing some wrongs stemming from the war on drugs. A web page for KushCo, a Greenlane company Kovacevich founded, notes that it participates in efforts geared towards criminal justice reform, the pandemic, paid day off for Election Day and two additional employee days off to take on philanthropic endeavors. Dr. Alicia Reid, faculty lead and chair of the chemistry and environmental sciences department at Medgar Evers College in New York City, is proud to see her school offer its first introductory cannabis class this past August. Reid said that the cannabis education initiative at Medgar Evers, a predominantly Black student population, is "grateful for the opportunity to educate and intercede on behalf of a population that has been largely sidelined from meaningful participation in this emerging industry." The class aims to be the first of several courses the college introduces over time.

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Expert Collections containing Greenlane

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Greenlane is included in 1 Expert Collection, including Cannabis.

C

Cannabis

3,619 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

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