Brief: Greenlane Holdings Q3 Revenue Rose 16 Percent To $41.3 Million

Greenlane Holdings

15/11/2021 22:11

Nov 15 (Reuters) - Greenlane Holdings Inc  GNLN.O :
    * Q3 REVENUE ROSE 16 PERCENT TO $41.3 MILLION
    * TARGETING TO ACHIEVE $70 MILLION AND $100 MILLION IN
GREENLANE
BRANDS REVENUE FOR 2022 AND 2023, RESPECTIVELY
    * QTRLY REENLANE BRANDS REVENUE UP 26% YEAR-OVER-YEAR
    * GREENLANE HOLDINGS - EXPECTS GREENLANE BRANDS, AS A WHOLE,
TO
GENERATE 45% PRODUCT MARGINS, AND TO COMPRISE BETWEEN 22% AND
28% OF TOTAL REVENUE IN 2022
    * QTRLY LOSS PER SHARE $0.41


Further company coverage:  GNLN.O 

 ((Reuters.Briefs@thomsonreuters.com;))