Greenlane Q3 revenue falls 82% to $0.74M, net loss $8.9M; pivots to BERA treasury

Greenlane Holdings, Inc.

Q3 net sales $0.74M (vs $4.0M YoY); net loss $8.9M (vs $3.8M YoY); recorded $5.0M inventory reserve.
Closed $110.7M private placement on Oct 23, 2025; holds ~54.2M BERA tokens for digital asset treasury.
New leadership: Bruce Linton (Chairman), Billy Levy (director), Ben Isenberg (CIO) for BERA strategy.
Cash and equivalents $1.8M at Sep 30, 2025; no borrowings outstanding.
Management will stake BERA to generate yield; legacy business continues but focus shifts to BERA.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.