Item 3.02. Unregistered Sales of Equity Securities.

On January 6, 2021, Greenlane Holdings, Inc. (the "Company") issued 650,000 shares of its Class A common stock to Jacoby & Co., Inc. and on January 5, 2021, the Company issued 300,000 shares of its Class A common stock to Jay Scheiner upon each party's respective redemption of an equal number of common units in Greenlane Holdings, LLC, the Company's operating subsidiary (the "Operating Company"), in accordance with the operating agreement of the Operating Company. The shares of Class A common stock were issued in reliance upon the exemption from registration provided under Section 4(a)(2) of the Securities Act of 1933, as amended.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses