3.9 Million shares traded hands Friday on sleepy Greenlane<--- Greenlane Holdings, Inc. (GNLN) NasdaqGM - NasdaqGM Real Time Price. Currency in USD $3.0200+0.4700 (+18.43%)<---------
OMG These are the guys who swallowed up my Kush Co!!! That was in The Ideas For Now Portfolio!!!!!! Kush then they vaporized I thought they went under! How did I miss this-- back in April. I was already out of Kush.... A ha!!!!KushCo And Greenlane Merger To Become Cannabis Ancillary Leader-!!! Apr. 15, 2021 12:51 AM ET Greenlane Holdings, Inc. (GNLN) Both stocks dropped sharply due to the vaping crisis and lately began to recover. The merger is a right move for both companies and can bring more value when together rather than separately. KushCo finally gets uplisted to NASDAQ with a caveat that it is through the backdoor.
Well well well.... I think I smoked out a winner here-! Greenlane price target raised to $6.00 from $5.50 at Roth Capital 09/03 GNLN Roth Capital analyst Scott Fortune raised the firm's price target on Greenlane to $6.00 from $5.50 and keeps a Buy rating on the shares. With the closure of the anticipated merger with KushCo, the new Greenlane is well-positioned to become a "leading" U.S. ancillary operator in several key sub-segments, the analyst tells investors in a research note, adding that he will look for execution on top-line opportunities along with cost synergies to drive the company's future operating leverage. Dude a 50 cent raise common'
KushCo's common stock has ceased trading on the OTCQX effective as of the close of trading on August 31, 2021. Greenlane expects the Transaction to yield a number of important strategic synergies and financial benefits allowing for enhanced scale and rapid growth: Establishes the leading ancillary cannabis company delivering more value to customers across the supply chain: Greenlane serves a premier group of customers, including many of the leading multi-state-operators and licensed producers, the top smoke shops in the United States, and millions of consumers worldwide. Optimized platform with significant synergies: The Company expects to generate approximately $15 million to $20 million of annual run-rate cost synergies within 24 months from the closing of the Transaction. These synergies are expected to result from the economies of scale that will be realized following the Transaction, an optimized nationwide distribution network, and reduced operating expenses. Strengthens best-in-class proprietary brands and exclusive third-party brand offerings: As the leading supplier of premier consumer brands and products, Greenlane offers its customers a diversified and highly complementary product offering. Robust organic growth through cross-selling opportunities: the Company has the wide-ranging breadth of products and services needed to support the entire global cannabis industry. Unique ability to drive industry innovation and premier product design and development: With over 200 articles of Intellectual Property, the Company will cultivate a strong innovation pipeline across a broad category of product offerings, supported by an industry-leading and experienced product development and design team.
Greenlane initiated with a Buy at Alliance Global Partners 08:41 GNLN Alliance Global Partners analyst Aaron Grey initiated coverage of Greenlane with a Buy rating and $6 price target. He views Greenlane being positioned to capitalize on its merger with Kushco as he sees the pro forma company now having a stronger suite of products to correlate with expected growth in cannabis as well as top and bottom line synergies, Grey tells investors. He sees current stock levels following the merger deal completion presenting "an attractive entry point," the analyst added.
Paint. We Got A Problem. “If you want to do some work around the house, get in the car and buy paint now,” AkzoNobel CEO Thierry Vanlancker told Bloomberg News earlier this week.
Earnings Estimate Revisions for Akzo Nobel NV This company is expected to earn $1.88 per share for the fiscal year ending December 2021, which represents a year-over-year change of 27%. Analysts have been steadily raising their estimates for Akzo Nobel NV. Over the past three months, the Zacks Consensus Estimate for the company has increased 6.4%.
PAINT- VAPE- & STATS!!! Some unorthodox Ideas For Next week)))))))))) --AKZOY-$39.59 --GNLN-$3.00 --SRAD-$IPO
Hey when paint is too expensive you wallpaper... or tile. Wallpaper stock?... Not sure but Tile.. Tile Shop Holdings, Inc. (TTSH)-- we have at $7.30 I believe... I have to check in NY... Certainly we have been watching this at $7.00 for several months... Just hit $8. NasdaqCM - NasdaqCM Real Time Price. Currency in USD $8.14+0.08 (+0.99%)