24/7 Market News Snapshot 07 Aug 2024 – Greenlane Holdings, Inc. Class A Common Stock (NASDAQ: GNLN)

August 7, 2024 6:10

Press Release

DENVER, Colo., 07 August, 2024 (247marketnews.com) – (Nasdaq:GNLN) are discussed in this article.
Greenlane Holdings, Inc. experienced a significant surge in its stock today, with Class A Common Stock (GNLN) soaring from an opening price of $2.50 to a closing value of $4.06. This 36.87% increase underscores vigorous market enthusiasm, underpinned by a substantial trading volume of 1.0 million shares. The robust performance reflects confidence in Greenlane’s prospects, potentially buoyed by favorable developments or strong financial health, suggesting promising trends for future gains.

In a parallel stride forward, Greenlane Holdings is also celebrating the inclusion of its e-commerce platform, Vapor.com, in USA Today’s list of America’s Top Online Shops. This recognition, resulting from insights garnered from approximately 45,000 consumers and more than 267,000 retailer reviews, highlights the company’s commitment to excellence in customer experience and high-quality product offerings. The accolade, developed in collaboration with the data analysis firm Plant A Insights, evaluates customer experiences over the past three years, placing Vapor.com among top-tier e-commerce platforms.

Barbara Sher, Chief Executive Officer of Greenlane, expressed pride in the achievement, emphasizing the company’s dedication to delivering seamless and satisfying shopping experiences. Sher noted that this recognition reaffirms Greenlane’s commitment to enhancing its offerings and strengthening customer relationships. Vapor.com distinguishes itself by ensuring each product undergoes rigorous quality assurance, providing customers with safe, secure, and informed purchasing experiences. The platform’s pre- and post-purchase customer service excellence significantly contributes to its esteemed reputation.

Established in 2005, Greenlane Holdings has carved out a niche as a leading global provider of premium cannabis accessories and vaporization products. With a comprehensive portfolio that includes the prominent Marley Natural and K.Haring collections, Greenlane’s omnichannel distribution model serves thousands of producers, processors, retailers, and consumers worldwide.

For more detailed information about Greenlane Holdings and its diverse brand offerings, individuals may visit the company’s website.

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