Greenlane to Receive More Than $4.8M in Employee Retention Credit And Jointly Reduces More Than $6.4M of Existing Debt

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Feb 22, 2023

BOCA RATON, FL / ACCESSWIRE / February 21, 2023 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, reduces its current loan facility by over 40% from $15M to approximately $8.5M, while also receiving more than $4.8M from the sale of its Employee Retention Credit.