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Benzinga
Benzinga
Business
Vuk Zdinjak

Greenlane Holdings Says It Can Obtain More Than $30M In Improved Liquidity In 2022

Greenlane GNLN Nasdaq

Greenlane Holdings, Inc. (NASDAQ:GNLN) provided an update on its strategy to generate more than $30 million in liquidity, as part of its strategic plan to reduce its cost structure, accelerate its path to profitability, and increase liquidity on a non-dilutive basis.

As previously announced in March 2022, this strategy to generate $30 million in non-dilutive liquidity entails the following primary components:

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