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More great news. Revenues will be ramping up over next 2 quarters
As weather cools, people will be smoking and vaping.
https://www.benzinga.com/markets/cannabis/21/10/23467630/greenlane-and-cookies-founder-berner-collaborate-on-newly-shaped-pre-roll-the-cali-by-vibes
These jibronis just don't seem to get it. Something with a dollar sign in front of it next time. Otherwise, forever Redlane here.
Gains gone, momentum crushed, new investors burnt. This is Redlane folks.
There is good news out that could potentially benefit the company. But these guys aren't savvy enough to PR it or even acknowledge it. Redlane has a history of giving up gains quickly. They also have a history of failing to capitalize on momentum. Continued silence will likely mean gut wrenching losses over the next couple of days. Perhaps today's move will be different. I suppose you never know.
Greenlane up today, why?
Redlane's confidence in the team that took Kushco from $6+ to $0.30 baffles me. Current and future investors have no other option but to assume the same results will happen all over again. And when the pump consists of an outlook calendar and bogus price targets, what reasons are there to think otherwise?
These jibronis need to show some financial strength fast. Sub-dollar and the exchange listing consequences that come with it are not that far away.
Greenlame continues the tradition of actively working against investors and quickly goes red in AH trading. It will be difficult for these jibronis to attract new investors with action like this + their continued failure to communicate.
This is trash. If you really want to buy Redlane, just wait until it's diluted to under a buck or delisted back to the OTC. Nothing but failed OTC Kushco with a new coat of paint.
Well, that sounds good if the KSHB to GNLN conversion would have been at least 1:1. But no, it was 1:.3 a 66% loss of shares?
So a $6 target, for former KSHB shareholders is only a target of like $2.00. IDK, does that math make sense?
Anyway, I got out a loser but I am not sorry as I don't see a bright future here.
GLTY
hobo, Roth target is 6.
Sorry for the late response
https://www.benzinga.com/news/21/09/22796658/roth-capital-maintains-buy-on-greenlane-hldgs-raises-price-target-to-6
Bottoms Up
Closed up two fridays in a row,
nice reversal
November financials should be $70m for first merged quarter, maybe full merger fins in Feb?
Current $54m marketcap and $280m revenue per yr after merger??
Hmmmmmmmmmmmm......
Yep, yep...
GNLN
Incoming reversal attempt...
GNLN
Finally looking ready for a bounce.
Large short position too
https://finviz.com/quote.ashx?t=GNLN&ty=c&ta=1&p=d
someone should let the folks at wallstreetbets know GNLN current short interest is 18%
I think we'll be alright. Small structure and absolutely beautiful merger. Not sure the cash on hand after it but is most likely higher than mc and revenues blow mc out of the water by like 5x and this will be consistent plus growing with tops brands in the industry.
I'm sorry, Roth? Who/what is that? I'm new here. Been in Kush for years though.
Roth says we’re going to 8. I’ll wait
I'm really impressed by the large group of Greenlane supporters here.
Anybody home?
Bueller? Bueller? Anybody?
Yep...patience here, this will run greatly when ready.
* * $GNLN Video Chart 03-31-2021 * *
Link to Video - click here to watch the technical chart video
What’s your target price?
Can someone explain this deal in terms that I can understand?
What’s an MC?
What’s grainger?
Cheeses, not much excitement here.
Huge deal Pro forma is 5x current MC and imho will be the Grainger of cannabis
$GNLN $5 area nice re-entry or add level here. just bought another company.
$GNLN -called this one when under $2. target--->$10+
gl to all
GREENLANE (GNLN)
Quarter Ending 09/30/2020
CASH 39.9M
REVENUE 35.7M
NET (4.49M)
PER SHARE (0.35)
Thanks Good luck 2 you as well : )
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Greenlane (NASDAQ: GNLN) is one of the largest global sellers of premium cannabis accessories, CBD and liquid nicotine products. The Company operates as a powerful house of brands, third party brand accelerator and distribution platform for consumption devices and lifestyle brands serving the global cannabis, CBD, and liquid nicotine markets with an expansive customer base of more than 11,000 retail locations, including licensed cannabis dispensaries, and smoke and vape shops. Greenlane has an established track record of partnering with brands through all stages of product lifecycle, providing a range of services including product development, go-to-market strategy, sales and marketing support, market research, customer service, direct-to-consumer fulfillment, warranty repair, supply chain management, and distribution. In addition to owning and operating its own brands, Greenlane is the partner of choice for many of the industry’s leading players including PAX Labs, (Canopy-owned) Storz & Bickel, JUUL, Grenco Science, Firefly, DaVinci, Select, Sherbinski, Bloom Farms, Mary’s Nutritionals, Cookies and dozens of others. Greenlane’s house of brands is comprised of child-resistant packaging innovator Pollen Gear; VIBES rolling papers; the Marley Natural accessory line; the Keith Haring accessory line, Aerospaced & Groove grinders, and Higher Standards, which is both an upscale product line and an innovative retail experience with flagship stores at New York City’s famed Chelsea Market and Atlanta’s Ponce City Market. The company also owns and operates Vapor.com, an industry leading e-commerce platform which offers convenient, flexible shopping solutions directly to consumers.
The combination of efficient order fulfillment, effective inventory management, and merchandising expertise, comprise a difficult-to-develop skill-set. Greenlane has honed these capabilities since our inception.
Our customers always come first. This guides us in everything we do. Our highly trained sales force works tirelessly to provide white glove customer service, building strong-as-steel relationships with retail accounts through thick and thin.
Full service warranty &
repair center servicing
the industry’s leading brands
Sophisticated marketing
apparatus with presence across
North America and beyond
employees and counting
An extensive network of design, engineering, manufacturing, marketing, legal, and research resources
Packages delivered in 2018
110+ sales &
sales support staff
servicing more than
wholesale customers and
specialty brick-and-mortar
retail outlets
6 distribution centers
strategically located throughout
the US & Canada
More than
years of hard earned experience,
data, and knowledge
Smoke your competition today! Sign-up to receive the Greenlane Wholesale Catalog and learn how we can make your smoke shop buying experience as simple and enjoyable as possible. As soon as you submit your contact form, you will be redirected to the download page. Easy-to-read and in full color, the catalog houses images, details, and descriptions of our carefully curated selection of products.
We pride ourselves on providing industry-leading customer service to each member of our extended family. Our team of experts is here to assist, guide and cater to your specific needs while offering the newest, highest-quality products at competitive prices. Greenlane is your premium provider of wholesale head shop supplies.
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