Earnings ·
Greenlane Holdings reported a net loss of $24.8 million for the quarter ended June 30, 2026, driven by a $19.1 million…
GNLNGreenlane Holdings, Inc.
Greenlane Holdings reported a net loss of $24.8 million for the quarter ended June 30, 2026, driven by a $19.1 million non-cash impairment in its BERA digital asset holdings and a $1.8 million investment write-off. The company reduced operating expenses by approximately 37% sequentially to $3.6 million through headcount reductions. It holds 81.3 million units of BERA with a fair value of $16.4 million, up from 51.7 million at year-end. Management highlighted cost alignment and continued execution of its digital asset treasury strategy. The company monitors Nasdaq listing compliance amid regulatory changes regarding minimum market values.