Greenlane Holdings: Jumps on Eyce acquisition

Greenlane Holdings

03/03/2021 12:56

** Shares of premium cannabis accessories seller  GNLN.O  up
12.6% at $6.4 premarket 
    ** Co acquires the Eyce brand and all assets of Eyce, a
manufacturer of specialty silicone smoking products  urn:newsml:reuters.com:*:nGNXb8wjk4
    ** Says the acquisition is expected to be immediately
accretive to GNLN's revenue and earnings
    ** Up to Wednesday's close, stock up ~44% YTD 
    

 (Reporting by Shivani Kumaresan in Bengaluru)
 ((Shivani.Kumaresan@thomsonreuters.com; +1 646 223 8780;))