Greenlane Holdings, Inc. GNLN announced a strategic partnership with A&A Global Imports d/b/a MarijuanaPackaging.com ("MJ Pack").
Consistent with the partnership, MJ Pack will become Greenlane's strategic partner to continue providing and enhancing packaging solutions for Greenlane and MJ Pack customers. The partnership will also provide working capital to Greenlane and allow the company to continue investing in its growing higher-margin consumer products business. This partnership allows Greenlane to complete a key warehouse consolidation and continue cost-saving initiatives estimated to be over $3 million annually.
"We are excited about the partnership with MJ Pack, one of the strongest and longest-standing industry packaging providers," stated Craig Snyder, CEO of Greenlane. "Most importantly, this partnership will create a smooth and seamless transition for our customers, where they can continue to purchase the high quality and proprietary packaging solutions that they have been accustomed to doing through Greenlane. Secondly, this partnership will bring in capital to Greenlane, allowing us to continue investing in our growing higher-margin consumer products business."
Benzinga's Cannabis Capital Conference Is Back
The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don’t miss out. Secure your tickets now. Prices will surge very soon.
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The Benzinga Cannabis Capital Conference is coming to Florida
The Benzinga Cannabis Capital Conference is returning to Florida, in a new venue in Hollywood, on April 16 and 17, 2024. The two-day event at The Diplomat Beach Resort will be a chance for entrepreneurs, both large and small, to network, learn and grow. Renowned for its trendsetting abilities and influence on the future of cannabis, mark your calendars – this conference is the go-to event of the year for the cannabis world.
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