---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-000720"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2022-01-04T23:59:59+00:00"
generated_at: "2026-06-27T21:02:51.498653+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# President LoCascio steps down; Greenlane secures $8M bridge loan, reports $8M synergies

## Summary
- President and co-founder Aaron LoCascio steps down effective Dec 31, 2021; remains on Board.
- LoCascio receives $267,420 cash severance, 2021 bonus eligibility, and retains equity awards.
- Adam Schoenfeld transitions from Chief Strategy Officer to Chief Marketing Officer, eliminating CSO role.
- Company achieved ~$8M cost synergies post-KushCo merger; reaffirms $15-20M target within 24 months.
- Company secures $8M bridge loan from LoCascio at 15% interest, matured June 30, 2022, secured by all assets.

## SEC filing metadata
- accession: 0001104659-22-000720
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2022-01-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000110465922000720/0001104659-22-000720-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000110465922000720/tm221428d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-000720
- JSON: https://secwatch.observer/filing/0001104659-22-000720.json
- Plain text: https://secwatch.observer/filing/0001104659-22-000720.txt

## Key facts
- Executive change
  Aaron LoCascio departed as President at Greenlane Holdings, Inc..
  - Action: stepped down
  - Role: President
  source text: Mr. LoCascio’s decision to step down as President of the Company and enter into the Separation Agreement is due to his desire to pursue other interests
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000110465922000720/0001104659-22-000720-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.