Long-Term Partners Greenlane and PAX LABS™ Renew Exclusive U.S. Distribution Agreement
December 10 2020 - 7:00AM
Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq:
GNLN), a global house of brands and one of the largest sellers of
premium cannabis accessories, child-resistant packaging, and
specialty vaporization products, today announced that it has
renewed its exclusive distribution partnership with PAX Labs™, a
leading consumer technology brand in cannabis. The agreement
maintains Greenlane’s exclusive distribution of all PAX® devices
throughout the U.S.
PAX Labs is a global market leader in producing
high-quality dry herb vaporizers, including the best-in-class PAX
3™ and PAX ERA PRO™. PAX’s world-class hardware and software teams
create tools that allow consumers to personalize every experience
through the PAX App, from temperature and dose control, to
unprecedented access to information, including cannabinoid profiles
and lab testing results. Based in San Francisco, PAX is determined
to establish cannabis as a force for good.
“PAX Labs has been an influential partner
throughout the past eight years since our initial distribution
agreement. We’re honored to work alongside such a forward-thinking
and like-minded brand as we continue to help bring their
revolutionary vaporizers to market,” said Aaron LoCascio,
Co-Founder and CEO of Greenlane.
“We highly value our relationship with Greenlane
and are thrilled to continue working together to bring our
technology and devices to new customers, and expand brand awareness
in both adult use and medical markets,” added Dominic O’Brien,
Chief Revenue Officer at PAX Labs. “As we enter the next phase of
this partnership, we are confident in Greenlane’s ability to
support our ambitious growth and mission to deliver premium
cannabis experiences to consumers.”
Greenlane will continue to distribute all PAX
devices through its vast distribution network of over 11,000 retail
locations, including licensed cannabis dispensaries and headshops.
Greenlane will leverage its network to distribute PAX Labs’
recently launched color refresh for its award-winning PAX 3™
vaporizer, designed for the modern, sophisticated consumer. The dry
herb and concentrate vaporizer maximizes material efficiency and
delivers smooth and smokeless vapor through gentle heating. With
four temperature settings and +/- 1° temperature control, consumers
can adjust the temperature to manage both flavor and vapor output
through the PAX App. To shop PAX devices, visit
wholesale.gnln.com.
About Greenlane Holdings,
Inc.Greenlane (NASDAQ: GNLN) is the leading global
platform for the development and distribution of premium cannabis
accessories and lifestyle products. The company operates as a
powerful house of brands, a third-party brand accelerator, and
omni-channel distribution platform. Greenlane serves the global
markets with an expansive customer base of more than 11,000 retail
locations, including licensed cannabis businesses, smoke shops, and
specialty retailers. Greenlane’s world-class team provides services
including product development, go-to-market strategy, sales and
marketing support, customer service, direct-to-consumer
fulfillment, supply chain management, and distribution. As a
pioneer in the cannabis space, Greenlane is the partner of choice
for many of the industry’s leading brands, including PAX Labs,
Storz & Bickel (Canopy-owned), Cookies, Grenco Science, and
DaVinci. Greenlane also proudly owns and operates a diverse brand
portfolio including packaging innovator Pollen Gear™, the K.Haring
Glass Collection by Higher Standards, Marley Natural™, and VIBES™
rolling papers. Higher Standards, Greenlane’s flagship brand,
offers both a high-end product line and immersive retail experience
with groundbreaking stores in both New York City’s Chelsea Market
and Malibu, California. Greenlane also owns and operates both
Vapor.com and VapoShop.com, two industry-leading,
direct-to-consumer e-commerce platforms in North America and Europe
respectively. For additional information, please visit:
https://gnln.com/.
About PAXHeadquartered in San
Francisco, PAX Labs™ is the leader in premium cannabis vaporizer
technology, with award-winning devices for both concentrates and
dry herb. Counting over 2 million devices sold, PAX Labs has
revolutionized the consumer experience through innovation and
product design that takes the guesswork out of cannabis and
delivers quality, safety, and predictability. PAX Labs is committed
to its mission of establishing cannabis as a force for good. PAX
Labs does not manufacture, produce or sell cannabis and its
products are not for sale to minors. For more information, visit
pax.com.
For more information about Greenlane:
Media ContactMATTIO
CommunicationsGreenlane@mattio.com
Investor ContactRob
KellyInvestor Relations, MATTIO
CommunicationsGreenlane@mattio.com 1-416-992-4539
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