Greenlane regains compliance with Nasdaq listing rules

Greenlane (GNLN) Holdings has regained compliance with Nasdaq Listing Rule 5605(c)(2), which requires Nasdaq listed companies to maintain an audit committee consisting of three independent directors. This development follows the appointment on December 31, 2024 of Michael Howe as an independent director of the Company and as a member of the Company’s audit committee, effective immediately. With this appointment, Greenlane is now in full compliance with all Nasdaq continued listing requirements and has remedied all previously announced deficiencies.