Greenlane Holdings, Inc. — fact timeline

Greenlane Holdings, Inc. reported the first quarter ended March 31, 2026 results: revenue approximately $0.4 million, net income $(18.4) million, or $(4.49) per Class A share, EPS $(4.49) per Class A share.

“share at March 31, 2026, from approximately 86 units of BERA per Class A share at December 31, 2025, an increase of approximately 44%. The Company also recognized approximately $0.4 million of staking revenue from participation in Berachain’s Proof of Liquidity (“PoL”) consensus mechanism. During the first quarter 2026, Greenlane Subsidiary Inc., a wholly-owned”

Greenlane Holdings, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).

“April 21, 2026, the Company was notified by Nasdaq that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) and that the Company is therefore in complian”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

“March 25, 2026, Greenlane Holdings, Inc. (the “ Company ”) received a written notice (the “ Notice ”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“ Nasdaq ”) indicating that Nasdaq s”

Greenlane Holdings, Inc.: Certificate of Amendment to effect a 1-for-8 reverse stock split of Class A common stock (effective 2026-04-06).

“On April 2, 2026, Greenlane Holdings, Inc. (the “ Company ”) filed a Certificate of Amendment to its Amended and Restated Certificate of Incorporation (the “ Certificate of Amendment ”), with the Secretary of State of the State of Delaware to effect a 1-for-8 reverse stock split (the “ Reverse Stock Split ”) of the shares of Company’s Class A common stock, $0.01 par value per share (“ Common Stock ”), to be effective as of April 6, 2026.”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(c)(3)(A)(iv)).

“March 25, 2026, Greenlane Holdings, Inc. (the “Company”) received written notice (the “Notification Letter”) from the staff of the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) that the Company no longer satisfies the $1.00 bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement”

Greenlane Holdings, Inc. entered into Token Purchase and Sale Agreement and Token Lending Agreement with Berachain Operations Corporation valued at Greenlane Subsidiary Inc. entered into two agreements: (1) Token Purchase and Sale Agreement allowin (effective 2026-02-04).

“On February 4, 2026, Greenlane Subsidiary Inc. (the “Company”), a wholly-owned subsidiary of Greenlane Holdings, Inc. (“Greenlane”), entered into (a) a Token Purchase and Sale Agreement (the “Purchase and Sale Agreement”) and (b) a Token Lending Agreement (the “Lending Agreement,” and together with the Purchase and Sale Agreement, the “Transaction Agreements”) with Berachain Operations Corporation, a British Virgin Islands Business Company (the “Counterparty”). Pursuant to the Lending Agreement, the Company (as Lender) may agree to lend to the Counterparty (as Borrower) an amount of USDC and/or USDT stablecoins (the “Lent Tokens”) pursuant to loan confirmation agreements to be agreed between the parties from time to time, accruing interest at a rate to be determined in such agreements . The Counterparty intends to use the Lent Tokens to acquire BERA tokens in the open market or in privately negotiated transactions from various counterparties. Pursuant to the Purchase and Sale Agreement”

Greenlane Holdings, Inc. entered into Sales Agreement with Yorkville Securities, LLC (effective 2026-01-07).

“On January 7, 2026, Greenlane Holdings, Inc. (the “Company”) entered into a Sales Agreement (the “Sales Agreement”) with Yorkville Securities, LLC (“Yorkville”) pursuant to which the Company may, from time to time, offer and sell shares (the “ATM Shares”) of its common stock, par value $0.01 per share (the “Common Stock”), through or to Yorkville, acting as sales agent or principal (the “ATM Offering”).”

Greenlane Holdings, Inc. issued 15,504,902 shares of Common Stock of warrant to accredited investors for BERA valued at $1.9477 or $0.9836.

“pre-funded warrants (the "Cryptocurrency Pre-Funded Warrants" and, together with the Cash Pre-Funded Warrants, the "Pre-Funded Warrants" ) to purchase 15,504,902 shares of Common Stock (the "Cryptocurrency Pre-Funded Warrant Shares" and, together with the Cash Pre-Funded Warrant Shares, the "Pre-Funded Warrant Shares" ) which the native digital asset of the Berachain blockchain, referred to as BERA (" BERA "), will be valued for purposes of the Cryptocurrency Subscription Agreements at $1.9477 for Cryptocurrency Subscribers (based on the seven day trailing VWAP using Binance 1-hour Kline data), or $0.9836 in the case of the Berachain Foundation (representing a 49.5% discount)”

Greenlane Holdings, Inc. issued 10,045,000 shares of Common Stock of warrant to accredited investors for $3.83 per Pre-Funded Warrant.

“aggregate offering of (i) 3,068,012 shares (the “Cash Shares” ) of Class A common stock of the Company, par value $0.01 per share (the “Common Stock” ), at an offering price of $3.84 per share (the “ Cash Purchase Price ”), and (ii) pre-funded warrants (the “Cash Pre-Funded Warrants” and, together with the Common Stock, the “Cash Securities” ) to purchase”

Greenlane Holdings, Inc. issued 3,068,012 shares of common stock to accredited investors for $3.84 per share.

“On October 20, 2025, Greenlane Holdings, Inc. (the "Company" ) entered into subscription agreements (the "Cash Subscription Agreements" ) with certain accredited investors (the "Cash Subscribers" ) pursuant to which the Company agreed to sell and issue to the Cash Subscribers in a private placement offering (the "Cash Offering" ) an aggregate offering of (i) 3,068,012 shares (the "Cash Shares" ) of Class A common stock of the Company, par value $0.01 per share (the "Common Stock" ), at an offering price of $3.84 per share (the " Cash Purchase Price ")”

Greenlane Holdings, Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5810(d)).

“May 5, 2025, Greenlane Holdings, Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that based on its review of the Company’s public filings with the Securities and Exchange Commission (the “SEC”), its staff has determined to delist the Company’s securities pursuant to its discretionary authority under Listing Rule 5101. Specifically, as set forth in the letter, Nasdaq’s staff determined that the Company’s issuance of securities pursuant to the securities purchase agreement dated February 18, 2025, p”

Greenlane Holdings, Inc.: Increased authorized shares of Class A Common Stock from 600 million to 1.8 billion (effective 2025-04-17).

“On April 17, 2025, Greenlane Holdings, Inc. (the “Company”) filed a Certificate of Amendment to the Amended and Restated Certificate of Incorporation (“Certificate of Incorporation”) with the Secretary of State of the State of Delaware (the “Certificate of Amendment”) to amend the Company’s Certificate of Incorporation to increase the total number of authorized shares of our Class A Common Stock, par value $0.01 (the “Common Stock”) from Six Hundred Million (600,000,000) authorized shares of Class A Common Stock to One Billion Eight Hundred Million (1,800,000,000) authorized shares of Class A Common Stock, par value $0.01.”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)(iv)).

“April 2, 2025, Greenlane Holdings, Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Rule”) because for the previous 30 consecutive business days, the closing bid price of the Company’s common stock was below the $1.00 per share minimum required for listing on The Nasdaq Capital Market. The Notice also noted that normally the Company would be afforded a 180-calendar day period to demonstrate compliance, however pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv”

Michael C. Howe was appointed as Director at Greenlane Holdings, Inc..

“appointed Michael C. Howe as a member of the Board, effective immediately.”

Barbara Sher was appointed as Director at Greenlane Holdings, Inc..

“appointed Barbara Sher as a member of the Board, effective immediately.”

Greenlane Holdings, Inc. engaged PKF O'Connor Davies as its auditor.

“On November 20, 2024, the Company’s Audit Committee approved the engagement of PKF O’Connor Davies ( “PKF” ) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2024, effective immediately.”

Greenlane Holdings, Inc. dismissed Marcum LLP as its auditor.

“On November 20, 2024, Marcum LLP ( “Marcum” ) was dismissed by the Audit Committee of the Board of Directors of Greenlane Holdings, Inc. (the “Company”) as the Company’s independent registered public accounting firm, effective as of that date.”

Greenlane Holdings, Inc. engaged PKF O’Connor Davies as its auditor.

“(b) Appointment of New Independent Registered Public Accounting Firm On November 20, 2024, the Company’s Audit Committee approved the engagement of PKF O’Connor Davies ( “PKF” ) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2024, effective immediately.”

Greenlane Holdings, Inc. dismissed Marcum LLP as its auditor.

“.01 Changes in Registrant’s Certifying Accountant (a) Termination of Previous Independent Registered Accounting Firm On November 20, 2024, Marcum LLP ( “Marcum” ) was dismissed by the Audit Committee of the Board of Directors of Greenlane”

Barbara Sher was appointed as Chief Executive Officer at Greenlane Holdings, Inc..

“On May 23, 2024, the Board appointed Barbara Sher, the Company’s Chief Operating Officer, to the position of Chief Executive Officer, effective as of May 27, 2024.”

Craig Snyder resigned as Chief Executive Officer at Greenlane Holdings, Inc..

“On May 17, 2024, Craig Snyder, the Chief Executive Officer and a member of the Board of Directors (the “Board”) of the Company, notified the Board that he will resign as Chief Executive Officer of the Company and as a member of the Board, effective as of May 27, 2024.”

Greenlane Holdings, Inc. entered into Asset Purchase Agreement with Synergy Imports LLC valued at Synergy purchased all intellectual property, specified inventory, and other assets related to Eyce a (effective 2024-05-01).

“On May 6, 2024, the Company, Warehouse Goods and Synergy Imports LLC (“Synergy”) entered into an asset purchase agreement, dated May 1, 2024 (the “Asset Purchase Agreement”) pursuant to which Synergy purchased all of the intellectual property, a specified amount of inventory, and other assets related to the Eyce and DaVinci brands.”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 18, 2024, Greenlane Holdings, Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company had not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Form 10-K”), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1). Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission. On April 1, 2024, the Company filed a Form 12b-25 Notification of Late Filing with the S”

Barbara Sher was appointed as Chief Operating Officer at Greenlane Holdings, Inc..

“appointed Barbara Sher as the Company’s Chief Operating Officer, effective November 14, 2023.”

Greenlane Holdings, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1)).

“February 21, 2024, Nasdaq notified the Company in writing (the “Extension Letter”) that while the Company had not regained compliance with the Minimum Bid Price Requirement, it was eligible for an additional 180-day compliance period, or until August 19, 2024, to regain compliance with the Minimum Bid Price Requirement. Nasdaq’s determination was based on the Company having met the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement”

Greenlane Holdings, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5450(b)(1)(C), 5450(a)(1)).

“August 21, 2023, the Company received a letter from Nasdaq indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1) because the closing bid price per share for the Company’s Class A common stock had closed below $1.00 for the previous 30 consecutive business days (the “Minimum Bid Price Requirement”). In response, the Company filed an application to transfer the listing of its Class A common stock from the Nasdaq Global Market to the Nasdaq Capital Market. As a result of the Approval, the Market Value Requirement is no longer applicable to the Company, and the Comp”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding audit committee (rules 5605(b)(1), 5605(c)(2)(A)).

“January 30, 2024, the Company received a notice from Nasdaq acknowledging the fact that the Company does not meet the requirements of such rules. In accordance with Nasdaq Listing Rules 5605(b)(1)(A) and 5605(c)(4) and the Nasdaq notice, to regain compliance with the Nasdaq Listing Rules, the Company has until the earlier of its next annual stockholders meeting or January 24, 2025; or if the next annual stockholders meeting is held before July 22, 2024, then the Company must evidence compliance no later than July 22, 2024. The Board intends to identify a candidate to replace Ms. Collins and to”

Gina Collins resigned as Director at Greenlane Holdings, Inc..

“on January 24, 2024, Ms. Collins gave notice of her resignation from the Board and from each committee of the Board, effective immediately.”

Greenlane Holdings, Inc. received a nasdaq noncompliance notice notice regarding late filing (rules 5250(c)(1)).

“November 22, 2023, Greenlane Holdings, Inc. (the “Company”) received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with Nasdaq’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Quarterly Report”). Under Nasdaq rules, the Company now has 60 calendar days (or until January 22, 2024) to submit a plan to regain compliance. If Nasdaq accepts the Company’s plan, Nasdaq can grant an exception of up to 180 calendar days fro”

Barbara Sher was appointed as Chief Operating Officer at Greenlane Holdings, Inc..

“On November 14, 2023, the board of directors (the “Board”) of Greenlane Holdings, Inc. (the “Company”) appointed Barbara Sher as the Company’s Chief Operating Officer, effective November 14, 2023.”

Greenlane Holdings, Inc. reported that prior financial statements should not be relied upon.

“vely, the “Affected Periods”), as well as the relevant portions of any communication or filings which describe or are based on such financial statements, and therefore these financial statements for the Affected Periods should no longer be relied upon and are to be restated. These changes are to non-cash items and do not change the Company’s reported operating revenues or costs of goods sold, however, the Company determined that these changes have a material impact on the as-filed financial statements for the Affected Periods, and as a result, the restatement of the Affected Periods is required. The Company expects to file restated financial statements for the Affected Periods on Form 10-K/A and Form 10-Q/A, as applicable, as soon as reasonably practical.”

Gina Collins was appointed as Director at Greenlane Holdings, Inc..

“On October 16, 2023, the Board appointed Gina Collins as a member of the Board, effective immediately, to fill the vacancy created by Mr. Uttz’s resignation.”

Jeff Uttz resigned as Director at Greenlane Holdings, Inc..

“On October 13, 2023, Jeff Uttz gave notice of his resignation from the Board of Directors (the “Board”) of Greenlane Holdings, Inc. (the “Company”) and from each committee of the Board, to be effective immediately prior to the appointment of a successor to fill the vacancy.”

Greenlane Holdings, Inc. incurred loan of $2.2 million with lender maturing six-month bridge loan.

“the lender agreed to make available to the Company a six-month bridge loan of $2.2 million in new funds”

Greenlane Holdings, Inc. entered into Loan Agreement with the lender valued at $2.2 million (effective 2023-09-22).

“On September 22, 2023, Greenlane Holdings, Inc. (the “Company”) entered into a secured loan pursuant to a Loan and Security Agreement, dated as of September 22, 2023 (the “Loan Agreement”).”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

“August 21, 2023, Greenlane Holdings, Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s Class A common stock, par value $0.01 per share (the “Class A Common Stock”) had been below the minimum $1.00 per share required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (“Rule 5450(a)(1)”). The Nasdaq deficiency letter has no immediate effect”

Greenlane Holdings, Inc. reported the second quarter ended June 30, 2023 results: revenue $19.6 million, net income $10.5 million, EPS $6.56 per share.

“and specialty vaporization products, today reported financial results for the second quarter ended June 30 th , 2023. Recent Highlights • Revenue for Q2 2023 decreased to $19.6 million, compared to $24.0 million in Q1 2023. • Operating expenses in Q2 2023 were reduced $0.9 million or 6.2% compared with Q1 2023. • Net loss attributed to Greenlane Holdings, Inc.”

Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(1)(C), 5810(c)(3)(D)).

“August 3, 2023, Greenlane Holdings, Inc. (the “Company”) received a letter from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it no longer is in compliance with Nasdaq Listing Rule 5450(b)(1)(C) because the market value of the Company’s publicly held shares of Class A common stock, par value $0.01 per share (the “Class A common stock”), has fallen below the $5.0 million minimum required for continued listing on the Nasdaq Global Market for a period of at least 30 consecutive business days. Nasdaq calculates publicly held share”

Greenlane Holdings, Inc. amended Warrant Amendments with holders participating in the Offering (effective 2023-06-29).

“On June 29, 2023 and in connection with the Offering, the Company entered into privately negotiated agreements (the “Warrant Amendments”) with holders participating in the Offering to amend existing outstanding warrants to purchase up to 1,674,567 shares of Common Stock that were previously issued in June 2022 and November 2022 at exercise prices per share of $50.00 and $9.00, respectively, and expire on December 29, 2027 and November 1, 2029, respectively (collectively, the “Prior Warrants”), effective upon the closing of the Offering to reduce the exercise price of the Prior Warrants to $1.05, the exercise price of the Standard Warrants.”

Greenlane Holdings, Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners valued at 7.0% of the aggregate gross proceeds raised in the Offering (effective 2023-06-29).

“The Company agreed to pay A.G.P. an aggregate cash fee equal to 7.0% of the aggregate gross proceeds raised in the Offering pursuant to a Placement Agency Agreement entered into by the Company and A.G.P. on June 29, 2023 (the “Placement Agency Agreement”).”

Greenlane Holdings, Inc. entered into Purchase Agreements with certain investors (effective 2023-06-29).

“On June 29, 2023, Greenlane Holdings, Inc. (the “Company”) entered into securities purchase agreements (each a “Purchase Agreement” and, together, the “Purchase Agreements”) with certain investors, pursuant to which the Company agreed to issue and sell an aggregate of 560,476 shares of the Company’s Class A common stock, par value $0.01 per share (the “Common Stock”), pre-funded warrants to purchase 3,487,143 shares of Common Stock (the “Pre-Funded Warrants”) and warrants to purchase 8,095,238 shares of Common Stock (the “Standard Warrants”), in a public offering (the “Offering”).”

Greenlane Holdings, Inc. received a nasdaq compliance regained notice regarding minimum bid price (rules 5450(a)(1)).

“June 22, 2023. On June 22, 2023, the Company received a letter (the “Compliance Notice”) from the Staff stating that because the Class A common stock had a closing bid price at or above $1.00 per share for a minimum of 10 consecutive business days, the Company had regained compliance with the minimum bid price requirement of $1.00 per share for continued listing on The Nasdaq Global Market, as set forth in Rule 5450(a)(1), and that the matter is now closed.”

Greenlane Holdings, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5450(a)(1)).

“December 16, 2023, Greenlane Holdings, Inc. (the “Company”) received a notice (the “Notice”) from the Listing Qualifications department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the 30 consecutive business days preceding the receipt of the Notice, the closing bid price for the Company’s Class A common stock, par value $0.01 per share (the “Class A common stock”), had been below the minimum $1.00 per share required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (“Rule 5450(a)(1)”). The Notice also indicated”

Greenlane Holdings, Inc.: Effective 5:01 PM ET on June 5, 2023, a one-for-10 reverse stock split of Class A common stock, as approved by stockholders, was effected via a Certificate of Amendment to the Amended and Restated Certificate of Incorporation (effective 2023-06-05).

“On June 2, 2023, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to its Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware, which will effect a one-for-10 Reverse Split (as defined below) of Greenlane’s issued and outstanding Class A common stock which will become effective at 5:01 PM Eastern Time on June 5, 2023, after the close of trading on The Nasdaq Global Market (“Nasdaq”).”

Greenlane Holdings, Inc. shareholders approved Approve the Third Amended and Restated Greenlane Holdings, Inc. 2019 Equity Incentive Plan (Equity Plan Proposal) at the 2023-06-02 meeting.

“Proposal 4 : To approve the Third Amended and Restated Greenlane Holdings, Inc. 2019 Equity Incentive Plan (the “Equity Plan Proposal”). For Against Abstain Broker Non-Votes 1,364,313 991,187 118,851 4,036,006”

Greenlane Holdings, Inc. shareholders approved Approve amendment to effect a reverse split of Class A common stock at a ratio in the range of 1-for-5 to 1-for-15 (Reverse Split Proposal) at the 2023-06-02 meeting.

“Proposal 3 : To approve the adoption of an amendment to Greenlane’s Amended and Restated Certificate of Incorporation, to be filed not later than November 20, 2023, to effect a reverse split of Greenlane’s Class A common stock at a ratio in the range of 1-for-five to 1-for-15 (collectively, the “Reverse Split”), with such ratio to be determined in the discretion of the Board and publicly disclosed prior to the effectiveness of the Reverse Split (the “Reverse Split Proposal”). For Against Abstain 4,630,916,774 1,716,766,140 40,484,443”

Greenlane Holdings, Inc. shareholders approved Ratify the appointment of Marcum LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-02 meeting.

“Proposal 2 : To ratify the appointment of Marcum LLP as Greenlane’s independent registered public accounting firm for Greenlane’s fiscal year ending December 31, 2023. For Against Abstain 6,131,468 273,477 105,412”

Greenlane Holdings, Inc. shareholders approved Election of five director nominees at the 2023-06-02 meeting.

“Proposal 1 : To elect the five director nominees named in the Proxy Statement. Director Nominee For Against Abstain Broker Non-Votes Donald Hunter 1,725,758 629,202 119,391 4,036,006 Aaron LoCascio 1,767,531 568,500 138,320 4,036,006 Renah Persofsky 1,684,259 674,566 115,526 4,036,006 Craig Snyder 2,151,774 227,960 94,617 4,036,006 Jeff Uttz 1,655,783 699,100 119,468 4,036,006”

Greenlane Holdings, Inc. reported the first quarter ended March 31, 2023 results: revenue $24.0 million, net income $10.2 million, EPS $0.64 per share.

“Recent Highlights • Revenue for Q1 2023 increased 9.0% to $24.0 million, compared to $22.0 million in Q4 2022. • Operating expenses in Q1 2023 were down $7.1 million or 32% compared with Q4 2022, inclusive of a Q4 2022 intangible assets impairment charge of $4.6 million. • Net loss attributed to Greenlane Holdings, Inc. for Q1 2023 was $10.2 million, compared to $13.3 million in Q4 2022, inclusive of the $4.6 million intangible assets impairment charge. Basic and diluted net loss of $0.64 per share compared to a loss of $1.02 per share for the prior quarter. • Adjusted EBITDA loss for Q1 2023 was $6.8 million compared to a loss of $7.6 million for Q4 2022. • The Company has launched 16 new products: 12 products from Groove, 3 from Eyce, and the MIQRO-C from DaVinci.”

Greenlane Holdings, Inc.: Lowered the quorum requirement for stockholder meetings from a majority to one-third of shares entitled to vote (effective 2023-04-11).

“The Amendment amends and restates Article I, Section 1.6 of the Company’s Bylaws in its entirety to lower the number of holders of the shares entitled to vote at a meeting of stockholders constituting a quorum, in person or by proxy, from a majority to one-third.”