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
公司分享增長的新願景
關於重新調整和簡化業務結構的步驟的更新,着重爲客戶提供服務,實現更有競爭力的成本模式,爲公司未來的增長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訊/ACCESSWIRE訊/2024年8月27日/Greenlane控股公司(以下簡稱"Greenlane"或"公司")(NASDAQ:GNLN)是全球主要的高級大麻配件、兒童防護包裝和特殊蒸發產品的銷售商之一,今天宣佈其首席執行官Barbara Sher將參加2024年9月4-5日在FLORIDA州勞德代爾堡市舉行的全美投資銀行協會(NIBA)第150屆投資大會。管理層將向NIBA會員介紹,並進行一對一會議,包括250多名投資銀行家、精品公司融資專業人士、專門投資經紀公司、風險投資集團、創業資本集團、對沖基金經理和機構投資者。NIBA的成員公司擁有超過8800名註冊代表,管理資產估計爲100億美元。
"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變得更加精簡和專注,使我們的團隊能夠更快地創新並兌現我們承諾,將費用基礎與當前營業收入趨勢更好地對齊," Greenlane首席執行官Barbara Sher表示。"2024年上半年和將來採取的行動旨在使我們成爲一家更高效、一家不復雜和一家更快速移動的公司。作爲這一策略的一部分,我們最近報告說,2024年6月30日結束的三個月,我們的總和行政費用降低了約59.8%,相比2023年同期,而我們的淨虧損與這些期間相比約爲63.2萬美元,而去年同期爲900萬美元。
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補充說:"我們將繼續警惕地控制成本和推動效率,並將盈利的收入增長放在首位。在第二季度結束後,我們通過之前宣佈的上市公開發行加強了資產負債表,這有望爲我們提供其他財務靈活性,以推動收入和盈利增長。我們最近宣佈成爲Safety Strips公司在美國的排他性分銷商,該公司生產芬太尼、鼠藥和飲品中被摻雜的檢測試紙,此舉是我們進入新的夥伴關係的衆多例子,以恢復我們業績的增長。我們的目標是專注於最有吸引力的長期機會,同時確保我們具備持續提供盈利增長所需的運營模式和能力。我期待在即將舉行的NIBA大會上與股東和感興趣的投資者分享我們重塑Greenlane並增加股東價值的計劃。"
About Greenlane Holdings, Inc.
關於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.
成立於2005年,Greenlane是一個全球頂級平台,致力於開發和分銷高檔的吸菸配件、電子煙設備和生活方式產品,服務對象包括成千上萬的生產商、加工商、特殊零售商、煙店、便利店和零售消費者。我們作爲一個強大的品牌家族、第三方品牌加速器和全渠道分銷平台運營。
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.
我們自豪地提供自己多樣的品牌組合以及我們獨家許可的Marley Natural和k.Haring品牌產品。我們還通過我們直接的銷售渠道和我們的專有、經營的電子商務平台,其中包括 Vapor.com、PuffItUp.com、HigherStandards.com、Wholesale.Greenlane.com和MarleyNaturalShop.com 仔細挑選了一系列第三方產品。
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Forward-Looking Statements
前瞻性聲明
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.
本新聞稿涉及Greenlane和其他事項的前瞻性聲明。本新聞稿中所有不涉及歷史事實的陳述均應視爲前瞻性聲明。在某些情況下,您可以根據「可能」、「將」、「應該」、「預計」、「計劃」、「預測」、「可能」、「意圖」、「目標」、「項目」、「正在考慮」、「相信」、「估計」、「預測」、「潛在」、「繼續」或這些術語的否定或其他形式表達法識別出前瞻性聲明。本新聞稿中的前瞻性聲明僅爲預測。Greenlane在很大程度上基於其對未來事件和金融趨勢的當前期望和投射,這些趨勢可能會影響其業務、財務狀況和營運結果。前瞻性聲明涉及已知和未知的風險、不確定性以及其他重要因素,可能導致我們的實際結果、表現或成果與前瞻性聲明所表達或暗示的任何未來結果、表現或成果存在實質性差異。您應該仔細考慮影響我們業務的風險和不確定性,包括我們在證券交易委員會(「 SEC」)提交的申報文件中描述的風險,包括Greenlane2018年12月31日止年度報告的「風險因素」 標題和公司在SEC的其他申報文件,可以在 www.sec.gov 獲取。這些前瞻性聲明僅在本次通信的發表日期有效。除適用法律要求外,我們不打算公開更新或修訂任何前瞻性聲明,不論是出於任何新信息、未來事件或其他原因。但是,建議您在我們的公共公告和申報文件中就相關主題進行任何進一步的披露諮詢。
Investor Contact:
投資者聯繫人:
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.
來源:Greenlane Holdings, Inc.