Greenlane to Present at National Investment Bankers Association (NIBA) Conference in Florida on September 5, 2024
Greenlane to Present at National Investment Bankers Association (NIBA) Conference in Florida on September 5, 2024
Company to Share New Vision for Growth
Update on steps to realign and simplify its business structure, bring a stronger focus to serving customers, enable a more competitive cost model, and better position the company for future growth and improved profitability
公司分享增长的新愿景
关于重新调整和简化业务结构的步骤的更新,着重为客户提供服务,实现更有竞争力的成本模式,为公司未来的增长和盈利能力提供更好的位置
BOCA RATON, FL / ACCESSWIRE / August 27, 2024 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that its Chief Executive Officer, Barbara Sher, will participate in the National Investment Banking Association's (NIBA) 150th Investment Conference on September 4-5, 2024 in Ft. Lauderdale, Florida. Management will present and conduct one-on-one meetings with NIBA members, including over 250 investment bankers, boutique corporate finance professionals, specialized investment brokerages, private equity groups, venture capital groups, hedge-fund managers, and institutional investors. The member firms of NIBA represent over 8,800 registered representatives with an estimated $100 billion assets under management.
FLORIDA州BOCA RATON讯/ACCESSWIRE讯/2024年8月27日/Greenlane控股公司(以下简称"Greenlane"或"公司")(NASDAQ:GNLN)是全球主要的高级大麻配件、儿童防护包装和特殊蒸发产品的销售商之一,今天宣布其首席执行官Barbara Sher将参加2024年9月4-5日在FLORIDA州劳德代尔堡市举行的全美投资银行协会(NIBA)第150届投资大会。管理层将向NIBA会员介绍,并进行一对一会议,包括250多名投资银行家、精品公司融资专业人士、专门投资经纪公司、风险投资集团、创业资本集团、对冲基金经理和机构投资者。NIBA的成员公司拥有超过8800名注册代表,管理资产估计为100亿美元。
"Today Greenlane is leaner and more focused, allowing our teams to innovate faster and deliver on our promise to better align our expense base with our current revenue trends," said Barbara Sher, Chief Executive Officer for Greenlane. "The actions taken in the first half of 2024 and going forward are designed to make us a more efficient, uncomplicated, and quicker-moving company. As part of this strategy, we recently reported that our general and administrative expenses decreased by approximately 59.8%, for the three months ended June 30, 2024, compared to the same period in 2023 while our net loss was approximately $632 thousand compared to $9 million for those same periods."
"如今,Greenlane变得更加精简和专注,使我们的团队能够更快地创新并兑现我们承诺,将费用基础与当前营业收入趋势更好地对齐," Greenlane首席执行官Barbara Sher表示。"2024年上半年和将来采取的行动旨在使我们成为一家更高效、一家不复杂和一家更快速移动的公司。作为这一策略的一部分,我们最近报告说,2024年6月30日结束的三个月,我们的总和行政费用降低了约59.8%,相比2023年同期,而我们的净亏损与这些期间相比约为63.2万美元,而去年同期为900万美元。
Sher added, "We will remain vigilant on controlling costs and driving efficiencies while prioritizing profitable revenue growth. After the close of the second quarter, we strengthened our balance sheet through the previously announced public offering, which is expected to provide us with additional financial flexibility to drive revenue and earnings growth. Our recent announcement to be the exclusive distributor in the U.S, of Safety Strips, Inc.'s fentanyl, xylazine and drink spike detection test strips is a great example of the types of new partnerships we are entering into to restore growth in our top line. Our goals are to focus on the most attractive long-term opportunities; while ensuring we have the operating model and capabilities needed to consistently deliver profitable growth. I am looking forward to sharing with shareholders and interested investors at the upcoming NIBA conference our plans to refocus Greenlane and build shareholder value."
Sher补充说:"我们将继续警惕地控制成本和推动效率,并将盈利的收入增长放在首位。在第二季度结束后,我们通过之前宣布的上市公开发行加强了资产负债表,这有望为我们提供其他财务灵活性,以推动收入和盈利增长。我们最近宣布成为Safety Strips公司在美国的排他性分销商,该公司生产芬太尼、鼠药和饮品中被掺杂的检测试纸,此举是我们进入新的伙伴关系的众多例子,以恢复我们业绩的增长。我们的目标是专注于最有吸引力的长期机会,同时确保我们具备持续提供盈利增长所需的运营模式和能力。我期待在即将举行的NIBA大会上与股东和感兴趣的投资者分享我们重塑Greenlane并增加股东价值的计划。"
About Greenlane Holdings, Inc.
关于Greenlane Holdings,Inc。
Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. We operate as a powerful family of brands, third-party brand accelerator, and an omnichannel distribution platform.
成立于2005年,Greenlane是一个全球顶级平台,致力于开发和分销高档的吸烟配件、电子烟设备和生活方式产品,服务对象包括成千上万的生产商、加工商、特殊零售商、烟店、便利店和零售消费者。我们作为一个强大的品牌家族、第三方品牌加速器和全渠道分销平台运营。
We proudly offer our own diverse brand portfolio and our exclusively licensed Marley Natural and K.Haring branded products. We also offer a carefully curated set of third-party products through our direct sales channels and our proprietary, owned and operated e-commerce platforms which include Vapor.com, PuffItUp.com, HigherStandards.com, Wholesale.Greenlane.com and MarleyNaturalShop.com.
我们自豪地提供自己多样的品牌组合以及我们独家许可的Marley Natural和k.Haring品牌产品。我们还通过我们直接的销售渠道和我们的专有、经营的电子商务平台,其中包括 Vapor.com、PuffItUp.com、HigherStandards.com、Wholesale.Greenlane.com和MarleyNaturalShop.com 仔细挑选了一系列第三方产品。
For additional information, please visit: . For additional information, please visit: .
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Forward-Looking Statements
前瞻性声明
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Greenlane and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. Greenlane has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in Greenlane's Annual Report on Form 10-K filed for the year ended December 31, 2023 and the Company's other filings with the SEC, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.
本新闻稿涉及Greenlane和其他事项的前瞻性声明。本新闻稿中所有不涉及历史事实的陈述均应视为前瞻性声明。在某些情况下,您可以根据“可能”、“将”、“应该”、“预计”、“计划”、“预测”、“可能”、“意图”、“目标”、“项目”、“正在考虑”、“相信”、“估计”、“预测”、“潜在”、“继续”或这些术语的否定或其他形式表达法识别出前瞻性声明。本新闻稿中的前瞻性声明仅为预测。Greenlane在很大程度上基于其对未来事件和金融趋势的当前期望和投射,这些趋势可能会影响其业务、财务状况和营运结果。前瞻性声明涉及已知和未知的风险、不确定性以及其他重要因素,可能导致我们的实际结果、表现或成果与前瞻性声明所表达或暗示的任何未来结果、表现或成果存在实质性差异。您应该仔细考虑影响我们业务的风险和不确定性,包括我们在证券交易委员会(“ SEC”)提交的申报文件中描述的风险,包括Greenlane2018年12月31日止年度报告的“风险因素” 标题和公司在SEC的其他申报文件,可以在 www.sec.gov 获取。这些前瞻性声明仅在本次通信的发表日期有效。除适用法律要求外,我们不打算公开更新或修订任何前瞻性声明,不论是出于任何新信息、未来事件或其他原因。但是,建议您在我们的公共公告和申报文件中就相关主题进行任何进一步的披露咨询。
Investor Contact:
投资者联系人:
IR@greenlane.com
IR@greenlane.com
or
或者
TraDigital IR
Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com
TraDigital IR
Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com
SOURCE: Greenlane Holdings, Inc.
来源:Greenlane Holdings, Inc.