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Greenlane Holdings Faces Potential Nasdaq Delisting Notice

Story Highlights
  • Greenlane Holdings faces potential delisting by Nasdaq due to shareholder dilution concerns.
  • The company plans to submit a compliance plan and consider OTCQB trading if delisted.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Greenlane Holdings Faces Potential Nasdaq Delisting Notice

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Greenlane Holdings ( (GNLN) ) has shared an announcement.

On May 5, 2025, Greenlane Holdings received a notification from Nasdaq about the potential delisting of its securities due to concerns over shareholder dilution from a recent securities issuance. The company plans to present a compliance plan to Nasdaq and is considering trading on the OTCQB market if delisted.

Spark’s Take on GNLN Stock

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

Greenlane Holdings faces significant financial and operational challenges, with declining revenue and persistent losses. The technical analysis indicates a strong downward momentum, and valuation metrics are not favorable due to the lack of profitability and dividend yield. These factors combine to yield a low overall stock score.

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

More about Greenlane Holdings

Greenlane Holdings, Inc. operates in the cannabis industry, focusing on the distribution and sale of premium cannabis accessories and lifestyle products.

Average Trading Volume: 41,048,570

Technical Sentiment Signal: Sell

Current Market Cap: $62.53K

See more insights into GNLN stock on TipRanks’ Stock Analysis page.

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