Greenlane Enters Into Agreement to Distribute Greenlane Brands in Mexico

BOCA RATON, FL / ACCESSWIRE / January 31, 2023 / Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, announced today that it has entered into distribution agreement with Zhar Capital to distribute its proprietary portfolio of brands (the “Greenlane Brands”) in Mexico.

Greenlane has partnered with Zhar Capital to promote, market, distribute and sell the Greenlane Brands to retailers for resale in Mexico.

We look forward to offering our innovative and premium products in the growing Mexico market through our partnership with Zhar Capital. Their knowledge and expertise of business practices in Mexico allows us to expand into this rapidly growing consumer market in an efficient manner. We are excited to offer our brands in Mexico for many years to come.

Craig Snyder, CEO of Greenlane

Luis M. Rodríguez and Teófilo Huerta, Co-Founders of Zhar Capital, added, “We are pleased to partner with Greenlane to offer their premium products to customers in our region. Offering cutting edge accessories is an exciting step forward in providing more options to the expanding market.”

About Greenlane Holdings, Inc.

Greenlane is the premier global platform for the development and distribution of premium cannabis accessories, packaging, vape solutions, and lifestyle products. We operate as a powerful family of brands, third-party brand accelerator, and omni-channel distribution platform, providing unparalleled product quality, customer service, compliance knowledge, and operations and logistics to accelerate our customers’ growth.

As a pioneer in the cannabis space, Greenlane has an incredible acumen for detecting opportunities in the marketplace. We proudly own and operate a diverse brand portfolio including DaVinci Vaporizers, Pollen Gear™, Higher Standards, Groove, and Eyce. Additionally, Greenlane strategically partners with leading multi-state operators, licensed producers, and brands, such as Storz & Bickel (Canopy-owned), Grenco Science, VIBES, and CCELL, to develop and distribute innovative and high-quality products.

Founded in 2005, Greenlane serves an expansive customer base comprised of thousands of retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers. Greenlane also owns and operates and, two industry-leading, direct-to-consumer e-commerce platforms in North America and Europe respectively.

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About Zhar Capital

Zhar Capital is a family office dedicated to developing business opportunities in Mexico. Through alliances with foreign and local companies, we seek to maintain an important presence in the country.

It was born as a firm specialized in providing accounting and financial consulting services. Participating in projects in industries such as medical, retail, agribusiness, real estate, infrastructure, oil and gas and electricity. Through alliances, the firm has positioned itself as a company through which American companies seek to introduce their products to the Mexican territory. One success story (2019-2022) was MagicalButter Mx, a company that is working hard to bring consistent, high-quality infusions and edibles to cannabis patients everywhere.

Currently in the portfolio there are companies focused on the import and sale of consumer products. Zhar advises companies in the entertainment, sports, medical and agribusiness industries.

Original press release

Published by NCV Newswire
NCV Newswire
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