Greenlane enters into agreement to distribute greenlane brands in puerto rico

Boca raton, fl / accesswire / october 25, 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, announced today that it has entered into a three-year distribution agreement with greendirect, llc to distribute its proprietary portfolio of owned brands (the "greenlane brands") in puerto rico. under the terms of the agreement, greenlane has granted greendirect: (a) the exclusive right to promote, market, distribute, and sell the greenlane brands to retailers for resale in puerto rico for an initial term of three years; (b) as part of the agreement, greendirect also has been granted the non-exclusive right to sell certain partner brand products.
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