Press Release – New York, NY – February 24, 2025 – Sichenzia Ross Ference Carmel LLP announced that it represented Greenlane Holdings, Inc. (NASDAQ: GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, in a private placement of approximately $25.0 million of shares of Common Stock and investor warrants at a price of $1.19 per Common Unit. The entire transaction was priced at the market under Nasdaq rules.
SRFC congratulates Greenlane Holdings, Inc., Chief Executive Officer, Barbara Sher and her colleagues.
Aegis Capital Corp. acted as the exclusive placement agent for the private placement. Its team was led by Isaac Eide.
The SRFC team was led by partners Arthur Marcus, and Ross Carmel and associate Jesse Blue.