Greenlane Holdings, Inc. (GNLN) Expands Into Health Tech with Fentanyl Safety Strips Deal

We recently compiled a list of the 12 Cheap Pot Stocks to Buy According to Hedge Funds. Greenlane Holdings, Inc. stands eleventh on our list.

Greenlane Holdings, Inc. (NASDAQ:GNLN) is a leading distributor of premium cannabis accessories, packaging, and vaporization products, operating through wholesale and direct-to-consumer channels across North America and internationally. In 2025, the company has strategically expanded beyond cannabis into the health and wellness sector, signaling a shift toward diversified, socially relevant offerings.

In July 2025, Greenlane Holdings, Inc. (NASDAQ:GNLN) became the exclusive fulfillment partner for Safety Strips Tech Corp.’s new e-commerce store, distributing ToxiShield products designed to detect fentanyl and drink tampering. This move aligns with growing public demand for harm reduction solutions and highlights the company’s pivot into health-focused technologies.

Also in July, the business selected JointCommerce as its B2C digital marketing platform, aiming to enhance its online presence through compliant and targeted cannabis marketing. This initiative is expected to improve consumer engagement and drive e-commerce growth across its retail platforms, including vapor.com.

Earlier in May, the corporation signed a U.S. distribution agreement with Greentank Technologies, a vape innovation leader known for its award-winning Quantum Chip vaporizers. The deal strengthens the company’s position in the vaporization space by offering advanced, research-driven products through its well-established sales channels.

Additionally, Greenlane Holdings, Inc. (NASDAQ:GNLN) integrated its wholesale platform with Mainstem’s B2B procurement marketplace to streamline inventory management, improve supply chain coordination, and enhance data-driven retail decisions. This tech-driven approach supports greater operational efficiency and retailer reach.

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Disclosure: None.