Greenlane Holdings Inc. reported a net loss of $16.0 million for the nine months ended September 30, 2025, compared to a net loss of $8.9 million for the same period in 2024. As of September 30, 2025, total stockholders' equity was $11.0 million, up from $6.3 million at December 31, 2024. Cash on hand increased to $1.8 million from $0.9 million at year-end 2024. In October 2025, Greenlane closed a $110.7 million private placement, resulting in approximately $24.3 million in net cash proceeds, $19.0 million in stablecoin proceeds, and holdings of about 54.2 million BERA. The company is transitioning from its legacy business to a digital-asset treasury model.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenlane Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-023446), on November 14, 2025, and is solely responsible for the information contained therein.
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