greenlane is the leading distributor of premium brands in the burgeoning head shop, smoke shop, and dispensary channels. since 2005, greenlane has worked diligently to build a reputation as the industry leader by meeting the needs of our customers, suppliers, and the end-users of the products we distribute. we have achieved this by offering the most innovative products at competitive prices, providing white glove customer service, and processing orders quickly with unparalleled, highly efficient operations and logistics. during this time, we have grown to over 100 employees with operations in 5 cities across the united states and canada, and we continue to grow by finding ways to better serve the needs of our customers and suppliers.
Company profile
Ticker
GNLN
Exchange
Website
CEO
Aaron LoCascio
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ARI Logistics B.V. • Better Life Holdings, LLC • Banana G’s LLC • Conscious B.V. • Global Pacific Holdings LLC • Greenlane Holdings, LLC • Greenlane Holdings EU B.V. • GS Fulfillment LLC • HSCM LLC • HS Products LLC ...
IRS number
830806637
GNLN stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
23 Apr 24
NT 10-K
Notice of late annual filing
1 Apr 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
26 Feb 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
8 Feb 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
30 Jan 24
10-Q
2023 Q3
Quarterly report
9 Jan 24
10-K/A
2022 FY
Annual report (amended)
5 Jan 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
27 Nov 23
Transcripts
GNLN
Earnings call transcript
2023 Q2
14 Aug 23
GNLN
Earnings call transcript
2023 Q1
15 May 23
GNLN
Earnings call transcript
2022 Q4
3 Apr 23
GNLN
Earnings call transcript
2022 Q3
16 Nov 22
GNLN
Earnings call transcript
2022 Q2
16 Aug 22
GNLN
Earnings call transcript
2022 Q1
17 May 22
GNLN
Earnings call transcript
2021 Q4
31 Mar 22
GNLN
Earnings call transcript
2020 Q3
17 Nov 20
GNLN
Earnings call transcript
2020 Q2
7 Aug 20
GNLN
Earnings call transcript
2020 Q1
4 Jun 20
Latest ownership filings
SC 13G
ARMISTICE CAPITAL, LLC
14 Feb 24
SC 13G/A
Walleye Capital LLC
14 Feb 24
SC 13G/A
Hudson Bay Capital Management LP
5 Feb 24
3
Gina Collins
26 Oct 23
4
Craig A. Snyder
30 May 23
SC 13G
Walleye Capital LLC
15 Feb 23
SC 13G
Hudson Bay Capital Management LP
8 Feb 23
4
Adam Schoenfeld
16 Dec 22
4
JEFFREY J UTTZ
16 Dec 22
4
Lana Reeve
16 Dec 22
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 2.44 mm | 2.44 mm | 2.44 mm | 2.44 mm | 2.44 mm | 2.44 mm |
Cash burn (monthly) | 736.00 k | 645.92 k | 3.37 mm | 3.55 mm | 1.15 mm | 226.67 k |
Cash used (since last report) | 5.03 mm | 4.42 mm | 23.01 mm | 24.27 mm | 7.89 mm | 1.55 mm |
Cash remaining | -2.59 mm | -1.97 mm | -20.57 mm | -21.83 mm | -5.45 mm | 893.18 k |
Runway (months of cash) | -3.5 | -3.1 | -6.1 | -6.1 | -4.7 | 3.9 |
Institutional ownership, Q3 2019
13F holders | Current |
---|---|
Total holders | 49 |
Opened positions | 11 |
Closed positions | 12 |
Increased positions | 17 |
Reduced positions | 11 |
13F shares | Current |
---|---|
Total value | 26.69 mm |
Total shares | 7.62 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
TimesSquare Capital Management | 1.33 mm | $4.52 mm |
Pura Vida Investments | 1.22 mm | $4.13 mm |
Anson Funds Management | 1.04 mm | $3.36 mm |
Moore Capital Management | 882.35 k | $2.99 mm |
Alyeska Investment | 497.88 k | $1.69 mm |
FHI Federated Hermes Inc - Ordinary Shares | 415.00 k | $1.41 mm |
Cowen And | 336.69 k | $1.14 mm |
BLK Blackrock | 302.27 k | $1.03 mm |
FNY Investment Advisers | 295.27 k | $1.00 mm |
Baker Avenue Asset Management | 258.85 k | $877.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 May 23 | Craig A. Snyder | Class A Common Stock | Buy | Acquire P | No | No | 0.32 | 1,200 | 384.00 | 14,243 |
15 Dec 22 | Uttz Jeffrey J | Class A Common Stock | Sell | Dispose S | No | No | 0.45 | 1,800 | 810.00 | 3,137 |
15 Dec 22 | Schoenfeld Adam | Class A Common Stock | Conversion | Acquire C | No | No | 0 | 76,136 | 0.00 | 159,487 |
15 Dec 22 | Schoenfeld Adam | Class B Common Stock | Other | Dispose J | No | No | 0 | 76,136 | 0.00 | 0 |
15 Dec 22 | Schoenfeld Adam | Common Units Class A Common Stock | Conversion | Dispose C | No | No | 0 | 76,136 | 0.00 | 0 |
6 Dec 22 | Lana Reeve | Class A Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 50,000 |
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