Greenlane Holdings Reports Q2 2025 Financial Results Amid Restructuring Efforts

On August 14, 2025, Greenlane Holdings, Inc. announced their financial outcomes for the second quarter ending June 30, 2025. Notably, the company experienced a decrease in revenue to $0.8 million compared to $2.6 million in the previous year. This decline coincided with substantial organizational restructuring efforts.

The restructuring involved a shift in the company's sales framework from gross sales to a commission structure, impacting revenue reporting. Meanwhile, operating expenses saw a 27% reduction, amounting to $3.3 million. These changes contributed to a slightly improved operating loss of $3.3 million, down from $3.5 million last year.

Looking ahead, Greenlane has strengthened its sales and marketing teams with Cannabis Creative Group leading new strategies. They report an upswing in revenue from new customers, as well as a significant reactivation of accounts. Key partnerships and distribution agreements are expected to support future growth.