Vape distributor Greenlane receives Nasdaq non-compliance notice (NASDAQ:GNLN)
HAZEMMKAMAL
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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.
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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.
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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.
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Source: Press Release