Greenlane and Greentank Technologies Announce U.S. Distribution Agreement
Greenlane Holdings (NASDAQ:GNLN) has entered into a distribution agreement with Greentank Technologies to become a major distributor of Greentank's products in the United States. The partnership will include distribution of Greentank's full assortment of cartridges and vaporizers, including their innovative designs.
Greentank, winner of the Golden Leaf Award for "Most Promising Innovation" in 2024, has successfully launched over 500+ vape brands across the US and Canada. The company's breakthrough Quantum Chipā� technology and Quantum Vapeā� products focus on precision, safety, and performance in vaping experiences. Notably, Greentank is the only vape manufacturer with a Health Canada Research license and operates its own semi-automated chip manufacturing and R&D facility.
Greenlane Holdings (NASDAQ:GNLN) ha stipulato un accordo di distribuzione con Greentank Technologies per diventare uno dei principali distributori dei prodotti Greentank negli Stati Uniti. La collaborazione comprenderĆ la distribuzione dell'intera gamma di cartucce e vaporizzatori di Greentank, inclusi i loro design innovativi.
Greentank, vincitrice del Golden Leaf Award per la "Innovazione Più Promettente" nel 2024, ha lanciato con successo oltre 500+ marchi di vape negli USA e in Canada. La tecnologia rivoluzionaria Quantum Chipā� e i prodotti Quantum Vapeā� della societĆ si concentrano su precisione, sicurezza e prestazioni nell'esperienza di vaping. In particolare, Greentank ĆØ l'unico produttore di vape con una licenza di ricerca di Health Canada e gestisce un proprio stabilimento semi-automatizzato per la produzione di chip e per la ricerca e sviluppo.
Greenlane Holdings (NASDAQ:GNLN) ha firmado un acuerdo de distribución con Greentank Technologies para convertirse en un distribuidor principal de los productos de Greentank en Estados Unidos. La asociación incluirÔ la distribución de todo el surtido de cartuchos y vaporizadores de Greentank, incluidos sus diseños innovadores.
Greentank, ganadora del Golden Leaf Award a la "Innovación MĆ”s Prometedora" en 2024, ha lanzado con Ć©xito mĆ”s de 500+ marcas de vape en EE.UU. y CanadĆ”. La tecnologĆa innovadora Quantum Chipā� y los productos Quantum Vapeā� de la empresa se enfocan en la precisión, seguridad y rendimiento en las experiencias de vapeo. Cabe destacar que Greentank es el Ćŗnico fabricante de vape con licencia de investigación de Health Canada y opera su propia planta semiautomatizada de fabricación de chips e I+D.
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Greenlane Holdings (NASDAQ:GNLN) a conclu un accord de distribution avec Greentank Technologies pour devenir un distributeur majeur des produits Greentank aux Ćtats-Unis. Ce partenariat inclura la distribution de toute la gamme de cartouches et vaporisateurs de Greentank, y compris leurs designs innovants.
Greentank, laurĆ©at du Golden Leaf Award de la "Innovation la plus prometteuse" en 2024, a lancĆ© avec succĆØs plus de 500+ marques de vape aux Ćtats-Unis et au Canada. La technologie rĆ©volutionnaire Quantum Chipā� et les produits Quantum Vapeā� de l'entreprise mettent l'accent sur la prĆ©cision, la sĆ©curitĆ© et la performance des expĆ©riences de vapotage. Notamment, Greentank est le seul fabricant de vape Ć dĆ©tenir une licence de recherche de Health Canada et exploite sa propre installation semi-automatisĆ©e de fabrication de puces et de R&D.
Greenlane Holdings (NASDAQ:GNLN) hat eine Vertriebsvereinbarung mit Greentank Technologies geschlossen, um ein wichtiger Distributor von Greentanks Produkten in den USA zu werden. Die Partnerschaft umfasst den Vertrieb des gesamten Sortiments an Kartuschen und Vaporizern von Greentank, einschlieĆlich ihrer innovativen Designs.
Greentank, Gewinner des Golden Leaf Award für die "Vielversprechendste Innovation" im Jahr 2024, hat erfolgreich über 500+ Vape-Marken in den USA und Kanada eingeführt. Die bahnbrechende Quantum Chipā�-Technologie und die Quantum Vapeā�-Produkte des Unternehmens legen den Fokus auf PrƤzision, Sicherheit und Leistung beim Dampfen. Bemerkenswert ist, dass Greentank der einzige Vape-Hersteller mit einer Forschungslizenz von Health Canada ist und eine eigene halbautomatisierte Chip-Fertigung sowie eine Forschungs- und Entwicklungsanlage betreibt.
- Partnership gives Greenlane access to Greentank's innovative product line and technology
- Leverages Greenlane's established sales, marketing, and distribution channels
- Access to Greentank's proven track record with 500+ successful vape brand launches
- Expands Greenlane's product portfolio with award-winning technology
- Increased dependence on vaping market which faces regulatory scrutiny
- Potential competition from other distributors in the space
Insights
Greenlane's new distribution agreement with Greentank expands product portfolio and distribution network, strengthening market position in premium cannabis accessories.
This distribution agreement represents a strategic expansion of Greenlane's product offerings in the high-growth vaporizer segment. By partnering with Greentank, an award-winning innovator in aerosolization technology, Greenlane gains access to advanced vaping products featuring proprietary technologies like the Quantum Chipā� that have been recognized internationally.
The partnership leverages complementary strengths: Greentank brings technological innovation and product development expertise with over 500+ successful vape brand launches across North America, while Greenlane contributes its established sales channels, marketing capabilities, and distribution infrastructure spanning both B2B and B2C markets.
From a competitive positioning perspective, this agreement enhances Greenlane's value proposition to retailers by expanding its premium product assortment. Greentank's industry credentials - including Health Canada Research licensing and a dedicated manufacturing and R&D facility - suggest the products meet high quality and regulatory standards, important factors in the cannabis accessories market.
For Greenlane, this move aligns with its stated strategy of providing "exceptional branded products" through wide distribution channels. The addition of technologically differentiated products like Greentank's Quantum Vapeā� could help Greenlane maintain premium positioning in an increasingly competitive market.
While financial terms aren't disclosed, this agreement positions Greenlane to potentially capture additional market share in the growing cannabis accessories space by offering innovative products that address consumer demands for quality, safety, and performance in vaping technologies.
Greenlane to become a major distributor of Greentank products in U.S., leveraging its established sales, marketing, B2B and B2C channels
BOCA RATON, FL / / May 21, 2025 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (Nasdaq:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has entered into a distribution agreement with Greentank Technologies (Greentank), a leading innovator in the aerosolization technology industry, providing advanced solutions for the cannabis, nicotine, and wellness markets. Under the agreement, Greenlane will distribute Greentank's full assortment of cartridges and vaporizers including Greentank's innovative and exclusive designs in the U.S.
Greentank has quickly become an industry powerhouse with a proven track record of over 500+ successful vape brand launches across the United States and Canada. Greentank is a winner of multiple industry accolades and honors, including the coveted Golden Leaf Award for "Most Promising Innovation" at the 2024 Global Tobacco and Nicotine Forum in Athens, Greece. This recognition highlights Greentank's game-changing Quantum Chipā� technology-setting a new standard for the future of vaping. Greentank's ā�, powered by their revolutionary Quantum Chipā� technology, represents a breakthrough in inhalation science. With a focus on precision, safety, and performance, this technology delivers an unparalleled vaping experience that prioritizes both user satisfaction and harm reduction.
"At Greenlane, we are as committed to innovation and setting the highest possible standards for product quality as we are committed to customer accessibility - and our success lies not only in our ability to provide exceptional branded products, but to distribute them to the finest retail stores for safe, easy and reliable access to consumers around the country," said Barbara Sher, Chief Executive Officer for Greenlane.
Sher added, "We are excited about Greentank joining our distribution network, as we are aligned on the future growth potential of innovative vaping products in the U.S. Greenlane's best-in-class sales and marketing capability is uniquely positioned to deliver the most effective route-to-market for Greentank and I am confident we can drive continued growth for their portfolio of products across the U.S."
Greentank is the only vape manufacturer with a Health Canada Research license and a fully owned and operated, semi-automated chip manufacturing and R&D facility that designs, engineers, tests, and optimizes every device launched into the market. With a dedicated team of engineers, material scientists, product designers, and product specialists, the Greentank team is constantly innovating its products to maximize airflow, flavor production, vapor output, and consistency.
About Greentank
Greentank is a leading innovator in the aerosolization technology industry, providing advanced solutions for the cannabis, nicotine, and wellness markets. Headquartered in Toronto, Canada, Greentank specializes in designing, developing, and manufacturing precision-made vaporization hardware and atomization technology. With a federal research license from Health Canada, Greentank conducts rapid on-site testing and prototyping to consistently push the boundaries of performance and quality. For more information about Greentank, please visit
About Greenlane Holdings, Inc.
Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. We operate as a powerful family of brands, third-party brand accelerator, and an omnichannel distribution platform.
We proudly offer our own diverse brand portfolio and our exclusively licensed Marley Natural and K.Haring branded products. We also offer a carefully curated set of third-party products through our direct sales channels and our proprietary, owned and operated e-commerce platforms which include , , , and .
For additional information, please visit: . For additional information, please visit: .
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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Greenlane and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. Greenlane has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in Greenlane's Annual Report on Form 10-K filed for the year ended December 31, 2023 and the Company's other filings with the SEC, which can be obtained on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.
SOURCE: Greenlane Holdings, Inc.
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