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Vape distributor Greenlane receives Nasdaq non-compliance notice (NASDAQ:GNLN)

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  • Greenlane Holdings (NASDAQ:GNLN) received a notice from the listing qualifications department of Nasdaq notifying the cannabis accessories seller that it is not in compliance with Nasdaq’s continued listing requirements.

  • Under the Nasdaq rules, the company has 60 calendar days, or until June 17, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule.

  • If Nasdaq accepts the company’s plan, then Nasdaq may grant the company up to 180 days from the prescribed due date for filing the Form 10-K to regain compliance. 

  • Source: Press Release

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