GNLN Chart
About

Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, Europe, and Latin America. The company offers vaporizers, pipes, rolling papers and packaging, grinders, other inhalation devices, storage solutions, and apparel lines. It offers its products under the Groove, Eyce, DaVinci, Higher Standards, Pollen Gear, Marley Natural, Storz and Bickel, Grenco Science, PAX, Cookies, and Keith Haring brands. The company also operates e-commerce platforms, such as Vapor.com, Wholesale.Greenlane.com, PuffItUp.com, HigherStandards.com, and MarleyNaturalShop.com. It serves cannabis producers, processors, brands, retailers, smoke shops, head shops, convenience stores, consumers, and cannabis dispensaries through its proprietary web stores, wholesale operations, distributor centers, and online marketplaces, such as Amazon, Etsy, and eBay. The company was founded in 2005 and is based in Boca Raton, Florida.

Fundamentals
Scroll to Statements
Sector Consumer Defensive Industry Tobacco Market Cap 5.11M
Enterprise Value -647.98K Income -24.79M Sales 4.65M
Book/sh 8.05 Cash/sh 1.21 Dividend Yield —
Payout 0.00% Employees 49 IPO —
P/E — Forward P/E -0.12 PEG —
P/S 1.10 P/B 0.08 P/C —
EV/EBITDA 0.04 EV/Sales -0.14 Quick Ratio 0.91
Current Ratio 2.17 Debt/Eq 2.91 LT Debt/Eq —
EPS (ttm) -4094.32 EPS next Y -5.51 EPS Growth —
Revenue Growth -81.70% Earnings 2023-08-14 16:00 ROA -45.72%
ROE -243.84% ROIC — Gross Margin -78.40%
Oper. Margin -11.68% Profit Margin 0.00% Shs Outstand 7.97M
Shs Float 1.10M Short Float 0.44% Short Ratio 0.17
Short Interest — 52W High 570.00 52W Low 0.64
Beta 1.19 Avg Volume 536.97K Volume 9.45K
Target Price — Recom None Prev Close $0.66
Price $0.64 Change -2.79%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.66
Latest analyst target
3. DCF / Fair value
$-16.97
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.66
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2023-06-09 init Benchmark — → Speculative Hold —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 15000 — — Stock Award(Grant) at price 0.00 per share. HUNTER DONALD H Director — 2025-10-20 00:00:00 D
1 15000 — — Stock Award(Grant) at price 0.00 per share. PERSOFSKY RENAH A Director — 2025-10-20 00:00:00 D
2 40000 — — Stock Award(Grant) at price 0.00 per share. SHER BARBARA Chief Executive Officer — 2025-10-20 00:00:00 D
3 5000 — — Stock Award(Grant) at price 0.00 per share. HOWE MICHAEL C. Director — 2025-10-20 00:00:00 D
4 6750 18448 — Stock Award(Grant) at price 2.46 - 2.97 per share. SHER BARBARA Chief Executive Officer — 2024-08-09 00:00:00 D
5 1300 3214 — Stock Award(Grant) at price 2.38 - 2.67 per share. SHER BARBARA Chief Executive Officer — 2024-08-09 00:00:00 D
6 4133 9717 — Stock Award(Grant) at price 0.20 - 4.05 per share. SHER BARBARA Chief Executive Officer — 2024-08-07 00:00:00 D
7 217 841 — Stock Award(Grant) at price 3.85 - 3.92 per share. SHER BARBARA Chief Executive Officer — 2024-08-07 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.00-9.23K0.00
TaxRateForCalcs0.000.000.000.27
NormalizedEBITDA-10.89M-24.63M-42.99M-48.15M
TotalUnusualItems-29.00K0.00-129.39M0.00
TotalUnusualItemsExcludingGoodwill-29.00K0.00-129.39M0.00
NetIncomeFromContinuingOperationNetMinorityInterest-17.64M-32.17M-169.51M-30.58M
ReconciledDepreciation800.00K2.24M7.41M4.69M
ReconciledCostOfRevenue6.99M47.55M112.10M132.21M
EBITDA-10.92M-24.63M-172.38M-48.15M
EBIT-11.72M-26.88M-179.79M-52.84M
NetInterestIncome-5.94M-5.45M-2.45M-574.00K
InterestExpense5.94M5.45M2.45M574.00K
NormalizedIncome-17.61M-32.17M-40.13M-30.58M
NetIncomeFromContinuingAndDiscontinuedOperation-17.64M-32.17M-169.51M-30.58M
TotalExpenses24.94M91.46M191.80M218.78M
TotalOperatingIncomeAsReported-11.81M-26.08M-184.10M-52.72M
DilutedAverageShares1.61K451.00193.0051.00
BasicAverageShares1.61K451.00193.0051.00
DilutedEPS-10.92K-72.20K-599.79K-599.67K
BasicEPS-10.92K-72.20K-599.79K-599.67K
DilutedNIAvailtoComStockholders-17.64M-32.56M-169.51M-30.58M
NetIncomeCommonStockholders-17.64M-32.56M-169.51M-30.58M
OtherunderPreferredStockDividend0.00388.00K0.00
NetIncome-17.64M-32.17M-169.51M-30.58M
MinorityInterests17.00K150.00K12.72M22.84M
NetIncomeIncludingNoncontrollingInterests-17.66M-32.33M-182.23M-53.42M
NetIncomeContinuousOperations-17.66M-32.33M-182.23M-53.42M
TaxProvision0.000.00-13.00K10.00K
PretaxIncome-17.66M-32.33M-182.24M-53.41M
OtherIncomeExpense-54.00K-791.00K-125.08M-117.00K
OtherNonOperatingIncomeExpenses-25.00K-791.00K4.31M-117.00K
SpecialIncomeCharges-29.00K0.00-129.39M0.00
OtherSpecialCharges876.00K
ImpairmentOfCapitalAssets153.00K0.00129.39M0.00
RestructuringAndMergernAcquisition-1.00M0.00
NetNonOperatingInterestIncomeExpense-5.94M-5.45M-2.45M-574.00K
InterestExpenseNonOperating5.94M5.45M2.45M574.00K
OperatingIncome-11.66M-26.08M-54.71M-52.72M
OperatingExpense17.94M43.91M79.69M86.58M
DepreciationAmortizationDepletionIncomeStatement800.00K2.24M7.41M4.69M
DepreciationAndAmortizationInIncomeStatement800.00K2.24M7.41M4.69M
SellingGeneralAndAdministration17.14M41.67M72.29M81.89M
GeneralAndAdministrativeExpense17.14M41.67M72.29M81.89M
OtherGandA9.76M24.21M41.00M47.87M
SalariesAndWages7.38M17.45M31.29M34.01M
GrossProfit6.28M17.83M24.98M33.85M
CostOfRevenue6.99M47.55M112.10M132.21M
TotalRevenue13.28M65.37M137.09M166.06M
OperatingRevenue13.28M65.37M137.09M166.06M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber3.02K451.00193.0051.00
ShareIssued3.02K451.00193.0051.00
NetDebt6.78M6.82M9.77M9.37M
TotalDebt8.68M9.17M19.80M31.70M
TangibleBookValue6.43M11.12M38.97M47.96M
InvestedCapital14.11M18.41M55.20M196.75M
WorkingCapital1.51M3.68M41.04M53.77M
NetTangibleAssets6.43M11.12M38.97M47.96M
CapitalLeaseObligations1.01M1.88M3.57M9.47M
CommonStockEquity6.43M11.12M38.97M174.53M
TotalCapitalization6.43M11.12M52.01M185.13M
TotalEquityGrossMinorityInterest6.28M10.99M38.99M196.36M
MinorityInterest-149.00K-132.00K18.00K21.84M
StockholdersEquity6.43M11.12M38.97M174.53M
GainsLossesNotAffectingRetainedEarnings265.00K245.00K55.00K324.00K
OtherEquityAdjustments265.00K245.00K55.00K324.00K
RetainedEarnings-274.93M-257.29M-225.11M-55.54M
AdditionalPaidInCapital281.07M268.13M264.02M229.71M
CapitalStock21.00K36.00K15.00K43.00K
CommonStock21.00K36.00K15.00K43.00K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest22.35M27.10M50.69M89.46M
TotalNonCurrentLiabilitiesNetMinorityInterest83.00K1.01M15.04M18.50M
OtherNonCurrentLiabilities1.00K79.00K1.67M
LongTermDebtAndCapitalLeaseObligation83.00K1.01M14.96M16.82M
LongTermCapitalLeaseObligation83.00K1.01M1.92M6.21M
LongTermDebt13.04M10.61M
CurrentLiabilities22.27M26.09M35.66M70.97M
OtherCurrentLiabilities1.00M3.37M8.98M
CurrentDeferredLiabilities2.66M2.77M3.98M7.92M
CurrentDeferredRevenue2.66M2.77M3.98M7.92M
CurrentDebtAndCapitalLeaseObligation8.60M8.16M4.84M14.88M
CurrentCapitalLeaseObligation926.00K873.00K1.66M3.26M
CurrentDebt7.67M7.28M3.19M11.62M
OtherCurrentBorrowings7.67M7.28M3.19M11.62M
PensionandOtherPostRetirementBenefitPlansCurrent1.05M861.00K3.81M6.05M
CurrentProvisions68.00K329.00K1.48M
PayablesAndAccruedExpenses9.95M13.23M19.33M31.65M
CurrentAccruedExpenses166.00K499.00K988.00K3.18M
Payables9.79M12.73M18.34M28.47M
TotalTaxPayable0.00628.00K3.39M5.43M
AccountsPayable9.79M12.10M14.95M23.04M
TotalAssets28.63M38.09M89.69M285.83M
TotalNonCurrentAssets4.86M8.32M12.98M161.09M
OtherNonCurrentAssets2.40M3.91M5.58M4.54M
GoodwillAndOtherIntangibleAssets0.00126.57M
OtherIntangibleAssets49.27M84.71M
Goodwill0.0041.86M
NetPPE2.46M4.41M7.40M29.98M
AccumulatedDepreciation-7.23M-6.56M-4.31M-4.61M
GrossPPE9.69M10.97M11.72M34.59M
Leases33.00K51.00K104.00K1.56M
ConstructionInProgress20.00K411.00K679.00K4.87M
OtherProperties1.04M1.94M3.44M10.26M
MachineryFurnitureEquipment8.60M8.57M7.49M8.48M
BuildingsAndImprovements0.000.000.008.13M
LandAndImprovements0.000.000.001.29M
Properties0.000.000.000.00
CurrentAssets23.77M29.77M76.70M124.74M
OtherCurrentAssets2.00K798.00K2.72M4.12M
AssetsHeldForSaleCurrent0.0075.00K
RestrictedCash0.005.72M0.00
PrepaidAssets3.39M4.97M7.59M21.20M
Inventory14.21M20.53M40.64M66.98M
Receivables5.26M3.01M13.58M19.50M
OtherReceivables7.00K7.00K5.59M122.00K
TaxesReceivable43.00K78.00K143.00K143.00K
NotesReceivable952.00K1.23M1.38M4.55M
AccountsReceivable4.26M1.69M6.47M14.69M
AllowanceForDoubtfulAccountsReceivable-2.62M-2.21M-4.83M-1.28M
GrossAccountsReceivable6.88M3.90M11.29M15.97M
CashCashEquivalentsAndShortTermInvestments899.00K463.00K6.46M12.86M
CashAndCashEquivalents899.00K463.00K6.46M12.86M
CashFinancial899.00K463.00K6.46M12.86M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow-6.99M-2.80M-29.21M-42.05M
RepaymentOfDebt-2.27M-17.13M-19.36M-1.07M
IssuanceOfDebt2.95M2.09M14.55M7.87M
IssuanceOfCapitalStock5.64M3.85M21.07M32.64M
CapitalExpenditure-244.00K-1.01M-2.78M-4.72M
InterestPaidSupplementalData916.00K4.50M2.25M574.00K
IncomeTaxPaidSupplementalData0.000.0076.00K39.00K
EndCashPosition899.00K463.00K12.18M12.86M
BeginningCashPosition463.00K12.18M12.86M30.43M
EffectOfExchangeRateChanges3.00K190.00K-210.00K480.00K
ChangesInCash433.00K-11.90M-471.00K-18.06M
FinancingCashFlow7.43M-10.14M13.93M38.96M
CashFlowFromContinuingFinancingActivities7.43M-10.14M13.93M38.96M
NetOtherFinancingCharges-715.00K1.05M-2.33M-580.00K
ProceedsFromStockOptionExercised1.83M0.000.00307.00K
CashDividendsPaid0.00-200.00K
CommonStockDividendPaid0.00-200.00K
NetCommonStockIssuance5.64M3.85M21.07M32.64M
CommonStockIssuance5.64M3.85M21.07M32.64M
NetIssuancePaymentsOfDebt675.00K-15.04M-4.82M6.79M
NetShortTermDebtIssuance0.00-2.13M-3.41M6.79M
ShortTermDebtPayments0.00-2.13M-3.41M-1.07M
ShortTermDebtIssuance0.007.87M
NetLongTermDebtIssuance675.00K-12.91M-1.41M0.00
LongTermDebtPayments-2.27M-15.00M-15.96M0.00
LongTermDebtIssuance2.95M2.09M14.55M0.00
InvestingCashFlow-244.00K30.00K12.03M-19.69M
CashFlowFromContinuingInvestingActivities-244.00K30.00K12.03M-19.69M
NetOtherInvestingChanges9.59M675.00K
NetInvestmentPurchaseAndSale649.00K0.00
SaleOfInvestment649.00K0.00
NetBusinessPurchaseAndSale0.001.04M5.22M-15.65M
SaleOfBusiness0.001.04M5.22M0.00
PurchaseOfBusiness0.00-15.65M
NetIntangiblesPurchaseAndSale0.00-320.00K
PurchaseOfIntangibles0.00-320.00K
NetPPEPurchaseAndSale-244.00K-1.01M-2.78M-4.40M
PurchaseOfPPE-244.00K-1.01M-2.78M-4.40M
OperatingCashFlow-6.75M-1.79M-26.43M-37.33M
CashFlowFromContinuingOperatingActivities-6.75M-1.79M-26.43M-37.33M
ChangeInWorkingCapital4.43M23.99M15.21M6.49M
ChangeInOtherWorkingCapital-114.00K-1.21M-3.94M1.22M
ChangeInOtherCurrentAssets3.53M7.77M-2.60M9.09M
ChangeInPayablesAndAccruedExpense-3.16M-9.80M-17.40M-8.11M
ChangeInAccruedExpense-841.00K-7.03M-10.94M-6.81M
ChangeInPayable-2.32M-2.77M-6.46M-1.30M
ChangeInAccountPayable-2.32M-2.77M-6.46M-1.30M
ChangeInPrepaidAssets674.00K2.53M7.90M-43.00K
ChangeInInventory6.32M20.11M26.34M5.73M
ChangeInReceivables-2.81M4.59M4.91M-1.39M
ChangesInAccountReceivables-2.81M4.59M4.91M-1.39M
OtherNonCashItems4.10M3.08M-1.26M-1.42M
StockBasedCompensation86.00K284.00K2.30M5.71M
UnrealizedGainLossOnInvestmentSecurities0.00629.00K1.21M171.00K
ProvisionandWriteOffofAssets245.00K188.00K3.31M236.00K
AssetImpairmentCharge153.00K0.00129.39M0.00
DepreciationAmortizationDepletion800.00K2.24M7.41M4.69M
DepreciationAndAmortization800.00K2.24M7.41M4.69M
OperatingGainsLosses1.09M118.00K-1.78M206.00K
GainLossOnInvestmentSecurities-408.00K
GainLossOnSaleOfPPE215.00K118.00K1.40M109.00K
GainLossOnSaleOfBusiness0.00-2.06M0.00
NetIncomeFromContinuingOperations-17.66M-32.33M-182.23M-53.42M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for GNLN
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