Greenlane Holdings (GNLN) AI Stock Analysis

• Market Cap: $4.41M
• Dividend Yield: N/A
• Average Volume (3M): 125.04K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.22
• Revenue Growth: -72.92%
• EPS Growth: 85.19%
• Country: US
• Employees: 49
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Tobacco
• EPS (TTM): -3.18
• Shares Outstanding: 1,386,551
• 10 Day Avg. Volume: 103,554
• 30 Day Avg. Volume: 125,036
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: <0.01
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: <0.01
• Enterprise Value/Ebitda: >-0.01
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: $3.50 ▲(10.06% Upside)

Greenlane Holdings' overall stock score is significantly impacted by its poor financial performance, marked by declining revenues and persistent losses. The technical analysis indicates bearish momentum, further weighing down the score. Valuation metrics are weak, with no earnings or dividend yield. These factors collectively result in a low overall stock score.

Greenlane Holdings Business Overview & Revenue Model

Company Description

Greenlane Holdings, Inc. (GNLN) is a leading provider of premium vaporization products and accessories, primarily serving the cannabis and hemp industries. The company operates through two main segments: the wholesale distribution of consumption accessories and the direct-to-consumer retail of branded products. Greenlane offers a wide range of products including vaporizers, glassware, and other ancillary items, focusing on high-quality brands that cater to a growing market of consumers seeking alternative consumption methods for cannabis and hemp.

How the Company Makes Money

Greenlane generates revenue through multiple channels, primarily through wholesale distribution and retail sales. Its wholesale segment sells products to various dispensaries and retailers, enabling a broad distribution network and volume-based sales. The direct-to-consumer segment leverages e-commerce platforms to sell branded products directly to consumers, which typically yields higher margins. Additionally, Greenlane has established strategic partnerships with major brands in the cannabis space, allowing it to expand its product offerings and enhance brand recognition. The company's revenue model is further supported by ongoing trends toward legalization and the increasing consumer acceptance of cannabis products, which contribute to rising demand for its offerings.

Greenlane Holdings Financial Statement Overview

Summary

Greenlane Holdings is facing significant financial challenges, with declining revenues and persistent losses. While there are improvements in gross profit margins and debt levels, the company struggles with profitability and cash flow generation. The balance sheet shows a strong equity position, but the negative return on equity highlights inefficiencies in generating shareholder value. Overall, the company needs to address its operational inefficiencies and improve cash flow management to stabilize its financial position.

Income Statement

Greenlane Holdings has experienced a significant decline in revenue, with a TTM revenue growth rate of -18.99%. The gross profit margin improved to 55.93% in the TTM, but the net profit margin remains deeply negative at -173.29%, indicating ongoing profitability challenges. The EBIT and EBITDA margins are also negative, reflecting operational inefficiencies.

Balance Sheet

The company's debt-to-equity ratio improved to 0.03 in the TTM, suggesting low leverage. However, the return on equity is negative at -150.20%, indicating that the company is not generating returns on shareholders' equity. The equity ratio stands at 63.23%, showing a relatively strong equity position compared to total assets.

Cash Flow

Greenlane Holdings shows a positive free cash flow growth rate of 40.90% in the TTM, but the operating cash flow remains negative. The operating cash flow to net income ratio is -0.68, indicating cash flow challenges. The free cash flow to net income ratio is 0.67, suggesting some ability to cover net losses with free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	7.95M	13.28M	65.37M	137.09M	166.06M	138.30M
Gross Profit	4.48M	6.28M	17.83M	24.98M	27.68M	22.77M
EBITDA	-13.44M	-10.92M	-24.63M	-172.38M	-48.15M	-44.55M
Net Income	-19.61M	-17.64M	-32.17M	-169.51M	-30.58M	-14.52M
Balance Sheet
Total Assets	31.78M	28.63M	38.09M	146.05M	285.83M	122.65M
Cash, Cash Equivalents and Short-Term Investments	5.72M	899.00K	463.00K	6.46M	12.86M	30.43M
Total Debt	553.00K	8.68M	9.17M	19.80M	31.70M	11.90M
Total Liabilities	11.83M	22.35M	27.10M	50.69M	89.46M	53.39M
Stockholders Equity	20.09M	6.43M	11.12M	38.97M	174.53M	15.06M
Cash Flow
Free Cash Flow	-14.43M	-6.99M	-2.80M	-29.21M	-42.05M	-14.61M
Operating Cash Flow	-14.27M	-6.75M	-1.79M	-26.43M	-37.33M	-12.30M
Investing Cash Flow	-161.00K	-244.00K	30.00K	12.03M	-19.69M	-4.14M
Financing Cash Flow	19.98M	7.43M	-10.14M	13.93M	38.96M	-1.06M

Greenlane Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.18
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GNLN, the sentiment is Negative. The current price of 3.18 is below the 20-day moving average (MA) of 3.72, below the 50-day MA of 3.57, and below the 200-day MA of 406.55, indicating a bearish trend. The MACD of -0.26 indicates Positive momentum. The RSI at 37.58 is Neutral, neither overbought nor oversold. The STOCH value of 27.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GNLN.

Greenlane Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	―	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
ISPR	―	$129.45M	―	-223.84%	―	-16.07%	-155.70%
GNLN	―	$4.41M	―	-149.74%	―	-72.92%	85.19%
XXII	―	$6.09M	―	-616.13%	―	-49.46%	99.12%
KAVL	―	$6.75M	―	-68.63%	―	-88.85%	68.28%

Greenlane Holdings Corporate Events

Greenlane Holdings Announces $110M Cryptocurrency Strategy

On October 20, 2025, Greenlane Holdings announced a $110 million private placement to implement a digital asset treasury strategy centered on acquiring BERA, the native cryptocurrency of the Berachain blockchain. This transaction, led by Polychain Capital and other investors, aims to position Greenlane as a major publicly traded holder of BERA, with proceeds used for BERA acquisitions and general corporate purposes. The initiative is expected to enhance Greenlane’s engagement with capital markets and expand its presence in the cryptocurrency sector.

The most recent analyst rating on (GNLN) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Greenlane Holdings stock, see the GNLN Stock Forecast page.

Greenlane Holdings Reports Q2 2025 Financial Results

Greenlane Holdings, Inc. is a company that specializes in merchandising premium cannabis accessories, child-resistant packaging, specialty vaporization solutions, and lifestyle products across the United States, Canada, Europe, and Latin America. The company focuses on developing its proprietary brands and serves a diverse customer base, including retail locations, licensed cannabis dispensaries, and smoke shops.

Greenlane Holdings Announces Q2 2025 Financial Results

On August 14, 2025, Greenlane Holdings reported its financial results for the second quarter of 2025, highlighting a significant restructuring of its sales organization and a shift in its industrial product lines to a commission-based revenue model. Despite a decrease in total revenue to $0.8 million from $2.6 million in the prior year, the company is optimistic about future growth due to new leadership and strategic initiatives, including partnerships and marketing strategies aimed at improving customer acquisition and operational efficiency.