Greenlane Holdings Inc. (GNLN) Misses Q4 EPS by 20c, Revenues Miss

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Go back to Greenlane Holdings Inc. (GNLN) Misses Q4 EPS by 20c, Revenues Miss

Greenlane Reports Fourth Quarter and Full Year 2019 Results

March 30, 2020 7:14 AM EDT

BOCA RATON, Fla., March 30, 2020 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (Nasdaq: GNLN) (Greenlane or the Company), one of the largest global sellers of premium cannabis accessories and specialty vaporization products, today reported financial results for the fourth quarter and full year ended December 31, 2019.

Fourth Quarter and Full Year Highlights

Well-funded to execute upon business transformation, with $47.8 million in cash as of December 31, 2019, compared to $7.3 million as of December 31, 2018.Delivered on strategy to move away from high-volume, low-margin products and sales, in... More