---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-023446"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:53:11.523009+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001493152-25-023446
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000149315225023446/0001493152-25-023446-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000149315225023446/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-023446
- JSON: https://secwatch.observer/filing/0001493152-25-023446.json
- Plain text: https://secwatch.observer/filing/0001493152-25-023446.txt

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