Greenlane Holdings' GAAP loss for 9M 2021 was $36.844 million, down 12.8% from $42.269 million in the prior year. Revenue was down 7.3% to $102.032 million from $110.038 million a year earlier.

Greenlane acquires DaVinci, a company that designs and manufactures innovative vaporizers. The company's line of devices includes the world's smallest device - MIQRO, as well as IQC with a patented mouthpiece ShareSafe made of antimicrobial polymer approved by the FDA. The deal is scheduled to close in Q4 2021. Its terms were not disclosed.

Greenlane Holdings has completed its merger with KushCo, a provider of support products and services to cannabis producers. KushCo shareholders received 0.3016 shares of Greenlane stock for each of their shares and became 49.9% owners of the combined company.

Greenlane Holdings' GAAP loss for 6M 2021 was $13.554 million, down 41.2% from $23.051 million in the previous year. Revenue increased 3.7% to $68.724 million from $66.268 million a year earlier.