Greenlane Holdings issues $3.24M convertible note to Cobra Alternative Strategies

Greenlane Holdings, Inc.

Principal $3,237,269; 20% original issue discount; maturity Feb 5, 2025 or upon $3.5M qualified offering.
Note convertible into common stock after maturity at 30% discount to 20-day VWAP; 4.99% beneficial ownership cap.
Company also issued warrants for 1,618,635 shares at the qualified offering price.

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