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Greenlane Secures $15 Million Asset-Based Loan

PUBLIC · GNLNAug 11, 2022

Amount Raised

$15 Million

Round Type

Debt Financing

Boca RatonAgriculture and FarmingAdvertisingE CommerceFashionRetailContent MarketingPublishingCannabis

Description

BOCA RATON, FL / August 11, 2022 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it has closed on a $15 million asset-based loan. The loan is for a term of three years and will support Greenlane's strategic initiatives and working capital needs.

Quick answer

Greenlane Holdings raised $15 Million in a Debt Financing round, dated August 11, 2022. Greenlane Holdings is based in Boca Raton, Florida, United States.

How much did Greenlane Holdings raise?
Greenlane Holdings raised $15 Million in a Debt Financing round on August 11, 2022.
What does Greenlane Holdings do?
Greenlane exists to elevate all elements of the consumption experience.
Where is Greenlane Holdings based and how big is it?
Greenlane Holdings is based in Boca Raton, Florida, United States. Fundz records about 106 employees.
Who are the decision-makers at Greenlane Holdings?
Fundz holds 1 contact at Greenlane Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Advertising around the same time

Companies in the same sectors as Greenlane Holdings that raised within 45 days of this round, from Fundz verified event records.

  • CW Sellors raised $1.8M (Seed) on August 15, 2022.
  • Perfect Moment Ltd. raised $5.5M on September 23, 2022.
  • FS Life raised $6.2M (Series B) on September 22, 2022.
  • Tuesday Morning raised an undisclosed amount (Corporate Round) on September 21, 2022.
  • Impossible Kicks raised $3M (Series A) on September 20, 2022.
  • Tuesday Morning raised an undisclosed amount (Corporate Round) on September 9, 2022.

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Company Information

Company

Greenlane Holdings

Location

Boca Raton, Florida, United States

About

Greenlane exists to elevate all elements of the consumption experience. Greenlane operates as a powerful house of brands and is the premier global platform for the development and distribution of premium cannabis accessories, packaging, vape solutions, and lifestyle products. We proudly own a diverse brand portfolio, producing high-quality and innovative products. As a pioneer in the cannabis space, Greenlane is the partner of choice as a third-party brand accelerator and omni-channel distribution platform for many of the industry’s leading multi-state operators, licensed producers, and brands. Greenlane envisions a world where humanity is free to enjoy mother nature’s magic.

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Greenlane Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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