Greenlane Holdings Plans $110 Million Private Placement to Support Berachain Crypto Initiative
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 20 2025
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Source: SeekingAlpha
Private Placement Announcement: Greenlane Holdings has agreed to a $110 million private placement to fund a new cryptocurrency treasury strategy focused on Berachain’s native token, BERA.
Details of the Financing: The deal, led by Polychain Capital, includes the sale of Class A shares and pre-funded warrants, with approximately $50 million in cash and $60 million in BERA tokens expected to close around October 23.
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About GNLN
Greenlane Holdings, Inc. provides a global platform for the development and distribution of smoking accessories, vape devices, and lifestyle products to producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. The Company operates as a family of brands, third-party brand accelerator, and an omnichannel distribution platform. The Company offers its own diverse brand portfolio and its licensed Marley Natural and K.Haring branded products. It also offers a set of third-party products through its direct sales channels and its proprietary, owned and operated e-commerce platforms. Its Greenlane Brands include Groove, its smoke shop and ancillary product brand - Higher Standards, and its child-resistant packaging brand - Pollen Gear. It merchandises vaporizers, packaging, and other ancillary products in the United States, Canada, Europe, and Latin America. Its third-party brands include Storz and Bickel, Grenco Science, PAX, and Cookies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Greenlane Holdings to Deploy 20 Million BERA Units on Berachain Network
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