• Greenlane reported Q1 2026 net loss attributable to shareholders of USD 18.36 million, or USD 4.49 per share.
• Revenue fell 70% to USD 448,000, including USD 27,000 from wholesale and distribution sales.
• Operating loss widened to USD 5.57 million on USD 2.3 million of elevated legal, professional, and advisory costs tied to Nasdaq compliance and delisting appeal matters, reverse stock split activities, and legacy facility exits.
• Change in fair value of digital assets was a loss of USD 12.87 million, while BERA holdings rose to about 77.7 million units with fair value of about USD 34.2 million at March 31, 2026.
• Subsequent to quarter-end, Greenlane effected a 1-for-8 reverse stock split on April 6 and regained Nasdaq minimum bid price compliance on April 21.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenlane Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605151610PRIMZONEFULLFEED9721409) on May 15, 2026, and is solely responsible for the information contained therein.