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Slide #23. Greenlane Holdings, Inc. — Eyce
Acquirer:
Greenlane Holdings, Inc. (NASDAQ:GNLN)
Acquiree:
Eyce
Details:
Greenlane Holdings, Inc. ("Greenlane" or "the Company") (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it acquired the Eyce brand and substantially all of the assets of Eyce, a leading manufacturer of specialty silicone smoking products ("the Acquisition").
Greenlane Holdings, Inc. provides global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. Co.'s segments include Consumer Goods and Industrial Goods. The Consumer Goods segment is focused on serving consumers across wholesale, retail and e-commerce operations - through both its proprietary Greenlane Brands, including Groove, Marley Natural, Keith Haring and Higher Standards, as well as lifestyle products and accessories from brands, such as Storz and Bickel, PAX, and many more.
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Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: GNLN Stock Forecast Based on Zacks ABR data; via Quandl.com |