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Greenlane Renewables reports strong Q1 with revenue and margin growth
Greenlane Renewables increased revenue in the first quarter of 2026 by 36% to CAD 9.5 million and improved gross margin by 300 basis points to 43%. The adjusted EBITDA loss narrowed by 27% to CAD 0.8 million. The company is debt-free, holds CAD 13.5 million in cash and has an order backlog of CAD 31.5 million. The planned market launch of the Cascade LF product line in Brazil in late 2026, together with a manufacturing partnership with Panasonic, is expected to support further growth and scaling. » Plus sur de.investing.com
Greenlane again meets NASDAQ minimum price requirement
Greenlane has confirmed it again meets NASDAQ’s minimum price requirement under Rule 5550(a)(2); common shares will continue trading under the ticker GNLN. The stock trades around $4.01, but is down 68% year-to-date and 95% over the past year. The company positions itself as a digital-asset treasury with a focus on BERA/Berachain; Berachain Investment Corporation intends to hold its stake long-term and will convert pre-funded warrants only up to 4.99%. Greenlane reports strong short-term liquidity, but InvestingPro rates its financial health as weak and board members have extended voluntary lock-ups. » Plus sur de.investing.com
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