Greenlane Holdings Reports Significant Financial Losses Amid Restructuring Greenlane Holdings Inc. has revealed a 79.7% drop in net sales for 2024, amounting to $13.3 million, due to strategic restructuring efforts. Despite this, gross margins improved to 47.3%, driven by a shift to a commission-based revenue model. The company continues to focus on cost-cutting and operational efficiency to navigate a challenging market.1