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1 Comment
Greenlane Holdings, Inc is currently in a long term downtrend where the price is trading 6.8% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 0.5.
Greenlane Holdings, Inc's total revenue sank by 2.6% to $36M since the same quarter in the previous year.
Its net income has dropped by 1129.4% to $-37M since the same quarter in the previous year.
Finally, its free cash flow fell by 109.3% to $-9M since the same quarter in the previous year.
Based on the above factors, Greenlane Holdings, Inc gets an overall score of 1/5.
| Exchange | NASDAQ |
|---|---|
| Sector | Consumer Defensive |
| Industry | Tobacco |
| CurrencyCode | USD |
| ISIN | US3953303019 |
| Market Cap | 7M |
|---|---|
| Target Price | 7.9 |
| Beta | 1.19 |
| PE Ratio | None |
| Dividend Yield | None |
Greenlane Holdings, Inc. engages in the development and distribution of cannabis accessories, vape devices, and lifestyle products in the United States, Canada, Europe, and Latin America. The company offers vaporizers, pipes, rolling papers and packaging, grinders, other inhalation devices, storage solutions, and apparel lines. It offers its products under the Groove, Eyce, DaVinci, Higher Standards, Pollen Gear, Marley Natural, Storz and Bickel, Grenco Science, PAX, Cookies, and Keith Haring brands. The company also operates e-commerce platforms, such as Vapor.com, Wholesale.Greenlane.com, PuffItUp.com, HigherStandards.com, and MarleyNaturalShop.com. It serves cannabis producers, processors, brands, retailers, smoke shops, head shops, convenience stores, consumers, and cannabis dispensaries through its proprietary web stores, wholesale operations, distributor centers, and online marketplaces, such as Amazon, Etsy, and eBay. The company was founded in 2005 and is based in Boca Raton, Florida.
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