Greenlane Holdings, Inc. announced that the Company and Mr. LoCascio have amicably agreed for Mr. LoCascio to step down from his role as President, effective December 31, 2021. As the Company's co-founder, a board member and one of its largest shareholders, Mr. LoCascio remains invested in Greenlane's continued future success, and has agreed to provide the Company with an $8 million bridge loan to support organic growth initiatives. In addition, the Company has announced that co-founder Adam Schoenfeld will transition from his current Chief Strategy Officer role to Chief Marketing Officer, eliminating the former position, effective December 31, 2021.