Robbins LLP is Investigating Greenlane Holdings, Inc. (GNLN)
Greenlane Holdings, Inc. (GNLN) is being investigated for potential violations of federal securities laws pursuant to the company’s April 2019 initial public offering (“IPO”). On April 23, 2019, Greenlane held its IPO, offering shares at $17.00. Since its IPO, Greenlane’s stock has plummeted and currently trades at just $6.44, or less than 62% of its IPO price. Greenlane distributes consumption accessories and vaporization products to wholesale and retailer customers.