Greenlane Holders Approve Flexible Reverse Stock Split Plan

Greenlane Holdings ( (GNLN) ) has issued an update.

On March 25, 2026, Greenlane Holdings, Inc. stockholders approved a proposal authorizing the board to implement a reverse stock split of the company’s Class A common stock at a ratio between 1-for-5 and 1-for-15, without reducing the total number of authorized shares. The measure, backed by a clear majority of votes cast, gives the board flexibility to adjust the share structure by April 30, 2026, while a contingency proposal to adjourn the meeting proved unnecessary as sufficient support for the reverse split was secured.

The most recent analyst rating on (GNLN) stock is a Sell with a $0.96 price target. To see the full list of analyst forecasts on Greenlane Holdings stock, see the GNLN Stock Forecast page.

Spark’s Take on GNLN Stock

According to Spark, TipRanks’ AI Analyst, GNLN is a Neutral.

The score is held down primarily by weak financial performance (shrinking revenue, deep losses, and ongoing cash burn) and a strongly bearish technical setup (below key moving averages with negative MACD). Corporate events are somewhat positive but not enough to offset fundamental and trend deterioration, while valuation metrics provided are not meaningfully supportive.

To see Spark’s full report on GNLN stock, click here.

More about Greenlane Holdings

Greenlane Holdings, Inc. operates in the cannabis-related consumer products and accessories space, focusing on the distribution of vape hardware, smoking accessories and lifestyle products. The company serves both business customers and consumers, with a market focus on regulated cannabis, nicotine and related wellness segments across North America and select international markets.

Average Trading Volume: 599,350

Technical Sentiment Signal: Sell

Current Market Cap: $3.51M

Learn more about GNLN stock on TipRanks’ Stock Analysis page.