Greenlane Holdings Inc - Class A chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 32.31
Dividend & YieldN/A$ (N/A)
Beta 1.78
Market capitalization 7.9M
Operating cash flow -27.79M
ESG Scores unknown

Company description

Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe. It operates through two segments, Consumer Goods and Industrial Goods. The company provides consumption accessories, vaporizers, pipes, rolling papers and packaging, grinders, and apparel lines, as well as bubblers, rigs, and other smoking and vaporization related accessories and merchandise. It offers its products under the VIBES rolling papers, Pollen Gear, the Marley Natural accessory line, Aerospaced & Groove grinders, Marley Natural, K. Haring Glass Collections, Eyce silicone pipes, Higher Standards, and DaVinci vaporizers brands. The company also operates e-commerce websites, such as Vapor.com, Higherstandards.com, Aerospaced.com, DaVincivaporizer.com, Harringglass.com, Eycemolds.com, Vapor.ca, Vaposhop.com, and Puffitup.com. It serves customers through a network of 8,500 smoke shops, cannabis dispensaries, and specialty retailers. Greenlane Holdings, Inc. was founded in 2005 and is headquartered in Boca Raton, Florida.

Sector: Consumer Defensive - Industry: Tobacco

Financial Ratios
Quick Ratio0.55
Working Capital-0.57
Return On Equity-0.18
Debt To Equity0.06
Fixed Asset Ratio0.39
Fixed Interest Cover-75.61

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 5.17M -11.18M 6.56M -80k
Total Cashflows From Investing Activities -10.22M -3.73M -4.14M -19.69M
Net Borrowings 46.02M 8.05M -190k 6.79M
Total Cash From Financing Activities 29.13M 80.98M -1.06M 38.96M
Change To Operating Activities -4.88M -1.6M 2.91M 2.28M
Issuance Of Stock 83M 83M 32.95M 32.95M
Net Income -5.89M -28.82M -14.52M -30.58M
Change In Cash 5.26M 40.43M -17.34M -17.58M
Effect Of Exchange Rate -77k 88k 171k 480k
Total Cash From Operating Activities -13.58M -36.9M -12.3M -37.33M
Depreciation 1.49M 2.71M 2.52M 4.69M
Change To Account Receivables -4.99M 635k 1.19M -1.39M
Other Cashflows From Financing Activities -187k -6.16M -269k -580k
Change To Netincome 4.83M 13.1M -17.99M -17.93M
Capital Expenditures -10.9M -2.02M -1.79M -4.4M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -5.57M -28.89M -47.51M -53.41M
Net Income -5.89M -28.82M -14.52M -30.58M
Selling General Administrative 35.69M 52.53M 58.51M 67.3M
Gross Profit 35.73M 31.09M 22.77M 27.68M
Ebit -1.45M -24.15M -38.26M -44.31M
Operating Income -1.45M -24.15M -38.26M -44.31M
Interest Expense -3.19M -975k -455k -586k
Income Tax Expense 319k 10.94M 194k 10k
Total Revenue 178.94M 185.01M 138.3M 166.06M
Cost Of Revenue 143.2M 153.92M 115.54M 138.38M
Total Other Income ExpenseNet -4.12M -4.74M -9.25M -9.1M
Net Income From Continuing Ops -5.89M -39.82M -47.7M -53.42M
Net Income Applicable To Common Shares -5.89M -9.73M -14.52M -30.58M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 89.08M 38.94M 53.39M 89.46M
Total Stockholder Equity -11.06M 22.42M 15.06M 174.53M
Other Current Liabilities 8.73M 11.96M 5.63M 19.45M
Total Assets 78.02M 153.2M 122.65M 285.83M
Common Stock -10.77M 107k 142k 854k
Other Current Assets 12.04M 2.07M 5.11M 8.74M
Retained Earnings -9.73M -24.85M -55.54M
Treasury Stock -286k -72k 29k 324k
Cash 7.34M 47.77M 30.43M 12.86M
Total Current Liabilities 30.43M 26.26M 41.86M 70.97M
Other Stockholder Equity -286k -72k 29k 324k
Property, Plant, and Equipment 11.64M 17.86M 15.3M 29.98M
Total Current Assets 57.1M 114.97M 96.08M 124.74M
Net Tangible Assets -20.17M 4.13M 5.84M 47.96M
Net Receivables 8.22M 8.09M 11.64M 14.96M
Accounts Payable 20.23M 11.31M 18.41M 23.04M


Insider Transactions

Here are the insider transactions of stock shares related to Greenlane Holdings Inc - Class A:

Filer Name Transaction Text Ownership Date Filer Relation Shares
LOCASCIO AARONStock Gift at price 0.00 per share.D2022-07-19Director and Beneficial Owner of more than 10% of a Class of Security10.21M
LOCASCIO AAROND2022-07-19Director and Beneficial Owner of more than 10% of a Class of Security9.59M
LOCASCIO AARONStock Gift at price 0.00 per share.D2022-07-19Director and Beneficial Owner of more than 10% of a Class of Security10.21M
LOCASCIO AAROND2022-07-19Director and Beneficial Owner of more than 10% of a Class of Security9.59M
SCHOENFELD ADAMStock Gift at price 0.00 per share.D2022-07-19Director and Beneficial Owner of more than 10% of a Class of Security4.76M
SCHOENFELD ADAMD2022-07-19Director and Beneficial Owner of more than 10% of a Class of Security6.4M
JACOBY & CO. INCD2022-07-19Beneficial Owner of more than 10% of a Class of Security16M
SCHOENFELD ADAMSale at price 0.33 per share.D2022-05-13Director and Beneficial Owner of more than 10% of a Class of Security33k
SCHOENFELD ADAMSale at price 0.36 per share.D2022-05-06Director and Beneficial Owner of more than 10% of a Class of Security33k
SCHOENFELD ADAMSale at price 0.35 per share.D2022-04-29Director and Beneficial Owner of more than 10% of a Class of Security33k
SCHOENFELD ADAMSale at price 0.38 per share.D2022-04-22Director and Beneficial Owner of more than 10% of a Class of Security33k
DAHYA DARSHStock Award(Grant) at price 0.00 per share.D2022-04-18Officer347.06k
SCHOENFELD ADAMSale at price 0.44 per share.D2022-04-14Director and Beneficial Owner of more than 10% of a Class of Security33k
PERSOFSKY RENAH AStock Award(Grant) at price 0.00 per share.D2022-04-11Director113.64k
SCHOENFELD ADAMSale at price 0.44 per share.D2022-04-08Director and Beneficial Owner of more than 10% of a Class of Security33k
SCHOENFELD ADAMSale at price 0.54 per share.D2022-04-01Director and Beneficial Owner of more than 10% of a Class of Security33k
SNYDER CRAIG A.Stock Award(Grant) at price 0.00 per share.D2022-03-28Officer260.87k
SCHOENFELD ADAMSale at price 0.70 per share.D2022-03-25Officer, Director and Beneficial Owner33k
SCHOENFELD ADAMSale at price 0.50 per share.D2022-03-18Officer, Director and Beneficial Owner33k
SCHOENFELD ADAMSale at price 0.48 per share.D2022-03-11Officer, Director and Beneficial Owner33k
MOTE WILLIAM E JRStock Award(Grant) at price 0.00 per share.D2022-03-10Chief Financial Officer271.73k
KOVACEVICH NICHOLASStock Award(Grant) at price 0.00 per share.D2022-03-10Chief Executive Officer479.52k
DE OLIVEIRA RODRIGOStock Award(Grant) at price 0.00 per share.D2022-03-10Chief Operating Officer291.71k
FISCHER DOUGLAS HStock Award(Grant) at price 0.00 per share.D2022-03-10General Counsel239.76k
SCHOENFELD ADAMSale at price 0.49 per share.D2022-03-04Officer, Director and Beneficial Owner33k
SCHOENFELD ADAMSale at price 0.54 per share.D2022-02-25Officer, Director and Beneficial Owner33k
SCHOENFELD ADAMSale at price 0.59 per share.D2022-02-18Officer, Director and Beneficial Owner33k
SCHOENFELD ADAMSale at price 0.68 per share.D2022-02-11Officer, Director and Beneficial Owner33k
HUNTER DONALD HStock Award(Grant) at price 0.00 per share.D2022-01-05Director54k
TANEY RICHARDStock Award(Grant) at price 0.00 per share.D2022-01-05Director54k
UTTZ JEFFREY JStock Award(Grant) at price 0.00 per share.D2022-01-05Director54k
IMBIMBO DALLASStock Award(Grant) at price 0.00 per share.D2022-01-05Director54k
LOCASCIO AARONStock Award(Grant) at price 0.00 per share.D2022-01-05Director and Beneficial Owner of more than 10% of a Class of Security54k
SCHOENFELD ADAMD2022-01-05Officer, Director and Beneficial Owner500k
SCHOENFELD ADAMSale at price 0.96 per share.D2021-12-30Officer, Director and Beneficial Owner38.2k
MOTE WILLIAM E JRSale at price 0.94 per share.D2021-12-29Chief Financial Officer15.47k
SCHOENFELD ADAMSale at price 1.01 per share.D2021-12-23Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.05 per share.D2021-12-17Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.14 per share.D2021-12-10Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.09 per share.D2021-12-03Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.24 per share.D2021-11-26Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.44 per share.D2021-11-19Officer, Director and Beneficial Owner38.2k
LOCASCIO AARONSale at price 1.81 per share.D2021-11-16President88.89k
SCHOENFELD ADAMSale at price 1.90 per share.D2021-11-12Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.72 per share.D2021-11-05Officer, Director and Beneficial Owner38.2k
SCHOENFELD ADAMSale at price 1.71 per share.D/I2021-10-29Officer, Director and Beneficial Owner45.71k
SCHOENFELD ADAMSale at price 1.94 - 1.95 per share.D/I2021-10-22Officer, Director and Beneficial Owner45.71k
LOCASCIO AARONSale at price 2.25 per share.D2021-10-19President88.89k
SCHOENFELD ADAMSale at price 2.34 per share.D/I2021-10-15Officer, Director and Beneficial Owner45.71k
UTTZ JEFFREY JPurchase at price 2.81 per share.D2021-09-07Director36k
KOVACEVICH NICHOLASStock Gift at price 0.00 per share.D2021-09-02Chief Executive Officer300k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Greenlane Holdings Inc - Class A. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Greenlane Holdings Inc - Class A

Here is the result of two systematic investment strategies applied to Greenlane Holdings Inc - Class A. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Greenlane Holdings Inc - Class A

The following chart shows the equity curve of the two systematic investment strategies applied to Greenlane Holdings Inc - Class A:

Greenlane Holdings Inc - Class A automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -35.44% on the backtest period.

Performance at glance

Performance

-35.44 %

Latent gain

-441.99 $

Invested capital

1247.22 $

Annualized return

-13.22 %
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Momentum strategy results on Greenlane Holdings Inc - Class A

This is the result of two momentum investment strategies applied to Greenlane Holdings Inc - Class A. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Greenlane Holdings Inc - Class A

The following chart shows all the entries opened by the momentum investment system on Greenlane Holdings Inc - Class A:

Greenlane Holdings Inc - Class A momentum entries
  • The first momentum investment strategy would give -36.12% of return on Greenlane Holdings Inc - Class A. That represents -1352.87$ of latent gain with 3745.79$ of employed capital.
  • The second momentum investment strategy would give -26.16% of return on Greenlane Holdings Inc - Class A. That represents -588.22$ of latent gain with 2248.36$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-36.12 %

Latent gain

-1352.87 $

Invested capital

3745.79 $

Annualized return

-16.06 %
Performance at glance (2Q Momentum)

Performance

-26.16 %

Latent gain

-588.22 $

Invested capital

2248.36 $

Annualized return

-11.89 %

Momentum equity curve on Greenlane Holdings Inc - Class A

The following chart shows the equity curve of the two momentum strategies applied to Greenlane Holdings Inc - Class A:

Greenlane Holdings Inc - Class A momentum equity

Note: the dividends potentially given by Greenlane Holdings Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Greenlane Holdings Inc - Class A

The following chart shows the employed capital evolution of the two momentum strategies on Greenlane Holdings Inc - Class A since the beginning:

Greenlane Holdings Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Greenlane Holdings Inc - Class A

Buy the dip entry openings on Greenlane Holdings Inc - Class A

Greenlane Holdings Inc - Class A

The performance achieved by the robo-advisor on Greenlane Holdings Inc - Class A is -10.92%. That represents -54.58$ of latent gain with 499.63$ of employed capital. The following chart shows Greenlane Holdings Inc - Class A stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Greenlane Holdings Inc - Class A, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-10.92 %

Latent gain

-54.58 $

Invested capital

499.63 $

Annualized return

-16.06 %

Equity curve of the strategy applied to Greenlane Holdings Inc - Class A

The following chart shows the result of the investment strategy applied to Greenlane Holdings Inc - Class A:

Greenlane Holdings Inc - Class A

Note: the dividends potentially given by Greenlane Holdings Inc - Class A are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Greenlane Holdings Inc - Class A

The following chart shows the employed capital evolution since the beginning of the investment strategy on Greenlane Holdings Inc - Class A:

Greenlane Holdings Inc - Class A

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Greenlane Holdings Inc - Class A

In this section, I will compare the three previous investment strategies applied to Greenlane Holdings Inc - Class A.

Equity curve comparison on Greenlane Holdings Inc - Class A

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Greenlane Holdings Inc - Class A investment strategy comparison

Employed capital comparison on Greenlane Holdings Inc - Class A

Greenlane Holdings Inc - Class A investment comparison

Performance comparison on Greenlane Holdings Inc - Class A

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -35.44% -441.99$ 1247.22$ -13.22%
Momentum 1 quarter -36.12% -1352.87$ 3745.79$ -14.8%
Momentum 2 quarters -26.16% -588.22$ 2248.36$ -11.89%
Non-directional -10.92% -54.58$ 499.63$ -16.06%
Annualized return comparison

Automatic investment

-13.22 %

Momentum 1Q

-11.89 %

Momentum 2Q

-11.89 %

Non-directional

-16.06 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Greenlane Holdings Inc - Class A:

Positive correlations

Most correlated stocks this year

  • Greenlane Holdings Inc - Class A

  • Most correlated stocks last 3 months

  • COME SURE GROUP
  • Greenlane Holdings Inc - Class A
  • Schwab US Long-Term U.S. Treasury ETF

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Greenlane Holdings Inc - Class A and the other stocks. There may be false positives or some missing correlated stocks. If the price of Greenlane Holdings Inc - Class A does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Greenlane Holdings Inc - Class A
    Country United States
    City Boca Raton
    Address 1095 Broken Sound Parkway
    Phone 877 292 7660
    Website www.gnln.com
    FullTime employees 256
    Industry Tobacco
    Sector Consumer Defensive
    Exchange XNAS
    Ticker GNLN
    Market www.nasdaq.com

    Greenlane Holdings Inc - Class A ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown