on Greenlane Holdings, Inc. (NASDAQ:GNLN)
Greenlane Holdings Reports Q3 2025 Financial Results
Greenlane Holdings, Inc., a digital asset treasury company with a focus on Berachain, reported financial results for Q3 2025. Total revenue from cannabis accessories fell to $0.74 million from $4.0 million year-over-year. Operating expenses rose to $4.0 million, while net loss expanded to $8.9 million compared to $3.8 million last year.
Greenlane has shifted its strategy to focus on Berachain's BERA token, aiming to enhance yield generation and growth. The company raised $110.7 million in a private placement to bolster this strategy. It plans to manage BERA holdings for yield through staking activities.
The company assembled a strong leadership team, including Bruce Linton as Chairman and Ben Isenberg as Chief Investment Officer. As of September 30, Greenlane's cash reserves stood at $1.8 million with no outstanding borrowings.
R. E.
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