{"schema_version":"secwatch.filing_event.v1","accession":"0001743745-22-000007","form_type":"8-K","ticker":"GNLN","cik":"0001743745","company_name":"Greenlane Holdings, Inc.","filed_at":"2022-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.008944+00:00","generated_at":"2026-06-27T00:03:01.527531+00:00","sec_items":["2.02","5.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Greenlane reports preliminary Q4 2021 net loss $11-13M; cost cuts and liquidity plans unveiled","bullets":["Preliminary Q4 net sales $55.5-56.5M, FY2021 net sales ~$165.5-166.5M; gross margin guidance raised to 20-22% for Q4.","Net loss expected $11-13M for Q4 and $53-55M for FY2021; adjusted EBITDA loss $5.5-7.5M for Q4; cash balance ~$12.9M.","Workforce reduction to yield ~$8M annual cash savings; targeting quarterly adjusted SG&A of $14-16M by Q3 2022 (from $26.6M in Q3 2021).","Plans to generate >$30M liquidity via sale-leaseback of HQ, asset-based loan, and disposal of non-core assets.","CMO Adam Schoenfeld steps down effective Mar 31; remains on board. Craig Snyder appointed Chief Commercial Officer effective Mar 28."],"urls":{"canonical":"https://secwatch.observer/filing/0001743745-22-000007","json":"https://secwatch.observer/filing/0001743745-22-000007.json","markdown":"https://secwatch.observer/filing/0001743745-22-000007.md","text":"https://secwatch.observer/filing/0001743745-22-000007.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743745/000174374522000007/0001743745-22-000007-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743745/000174374522000007/axbusinessupdateq42021prel.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T00:03:01.527531+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"385439c1d0","claim":"Craig Snyder was appointed as Chief Commercial Officer at Greenlane Holdings, Inc..","evidence_excerpt":"On March 9, 2022, the Board of Directors (the “Board”) of the Company appointed Craig Snyder as the Company’s Chief Commercial Officer, effective March 28, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743745/000174374522000007/0001743745-22-000007-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Commercial Officer"}],"fact_type":"executive_change"},{"claim_id":"d77a3a57bf","claim":"Adam Schoenfeld departed as Chief Marketing Officer at Greenlane Holdings, Inc..","evidence_excerpt":"On March 10, 2022, Adam Schoenfeld, the Chief Marketing Officer and co-founder of the Company and a member of the Board, entered into a Separation and General Release Agreement (the “Separation Agreement”) with Warehouse Goods LLC, a wholly owned subsidiary of the Company, whereby Mr. Schoenfeld’s employment with the Company will be terminated effective March 31, 2022 (the “Separation Date”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743745/000174374522000007/0001743745-22-000007-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Chief Marketing Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}