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Vaporization products distributor Greenlane Holdings files for a $92 million IPO

March 20, 2019
GNLN

Greenlane Holdings, a national distributor of vaporization products and accessories, filed on Wednesday with the SEC to raise up to $92 million in an initial public offering.

The Boca Raton, FL-based company was founded in 2005 and booked $179 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol GNLN. Cowen and Canaccord Genuity are the joint bookrunners on the deal. No pricing terms were disclosed.