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home / news releases / GRWG - Greenlane: Adapting To The Post-Juul World

GRWG - Greenlane: Adapting To The Post-Juul World

GrowGeneration Corp.
  • Greenlane is a distributor of vaporization products and accessories and relied on Juul and PAX Labs for >50% of its sales in 2019.
  • Since governments globally cracked down on teen vaping, Greenlane lost most of its revenue from nicotine-based products.
  • The company is pivoting away to cannabis and other non-nicotine products but it will take time to recover the lost revenue.
  • The shares could see momentum if it makes meaningful headway into cannabis and achieves substantial revenue growth.

For further details see:

Greenlane: Adapting To The Post-Juul World
Stock Information
Company Name: GrowGeneration Corp.
Stock Symbol: GRWG
Market: OTC
Website: growgeneration.com
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