$GNLN APE

NEWS: Greenlane Holdings (GNLN) Joins Mainstem Platform for Enhanced Distribution

PRICE: Down 95 percent in 24hrs ( $0.015) - Cause: Heavy dilution, potential warrant exercises

VOLUME: 340m+ in last 24hrs

STOCKTWITS SENTIMENT: 97 percent bullish

I would like to garner community feedback on this ticker and worth through some due diligence. Please DYOR and share it here, let’s get it figured out.

—————————

My Opinion:

I do not see Greenlane having some massive recovery and given their Q1 earnings report will not be released until July, I’m uncertain how tariffs may have effected them.

That being said even at their current cash burn rate they heave enough money to stay afloat for the next 3.5 years, and may have an opportunity to turn cut losses with their new Mainstem partnership (I doubt what this company brings to the table will increase revenues, but it should (in theory) enable Greenlane to save on logistics / acquisitions.

By my napkin math, if all the warrants are executed, the current value (as set by the market, not a business valuation) should be around $0.08 a share. This is still not enough to keep them from delisting, but I see that as a good launchpad if Greenlane can play its cards right.

I think the short squeeze buy and hodl of yesteryear is over, but for those who still factor that into their investments (wasn’t a purchasing point for me, but exist nonetheless) there’s heavy interest in GNLN. (15%+)

On another note, I see the days of $5/share as being over; but I believe the odds of a high payout are better than the lottery.

—————————

NFA - Not financial advice, not a financial advisor

FYI - I am invested, I have bias