Greenlane completes sale of interest in vibes

Company sells stake for $5.3 million in cash boca raton, fl / accesswire / july 19, 2022 / 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, today announced that it has sold its stake in vibes holdings llc ("vibes") for $5.3 million in cash. the strategic sale aligns with greenlane's plans to capitalize the business and accelerate the company's path to profitability.
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