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Greenlane Holdings, Inc. (GNLN) Announces Non-Binding Letter of Intent to Distribute the CURB Lifestyle, Inc.
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Greenlane Announces Non-Binding Letter of Intent to Distribute the CURB Lifestyle, Inc. Breakthrough Inhalation Device Technology for Nicotine, Cannabinoids and Other Wellness Compounds
Greenlane Holdings, Inc. (“Greenlane” or the “Company”) (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced it has entered into a non-binding letter of intent (the “LOI”) to be a distributor in the U.S., Canada, Latin America, and the EU of the CURB Lifestyle, Inc. (“CURB”) patented, non-heating, inhalation device capable of safely delivering a wide range of formulations, including nicotine, cannabinoids, and other wellness compounds. CURB’s inhalation device is targeting multi-billion-dollar markets, with the primary verticals encompassing nicotine, cannabis and wellness. The CURB products are expected to be available to order beginning November 15, 2024 via the Company’s multiple online retail storefronts, (vapor.com, puffitup.com, and higherstandards.com/) as well as its wholesale portal (wholesale.greenlane.com). Greenlane also plans to make the device available to its dispensary clients for use with cannabis formulations as a healthier option of consumption
Greenlane and CURB have also agreed to explore the development and distribution of a comprehensive portfolio of lifestyle products designed to seamlessly fit into the daily lives of consumers. Utilizing CURB’s innovative formulas, these products will offer a dual-use approach, providing consumers with flexibility and convenience in how they integrate wellness into their routines. CURB and Greenlane will focus on creating a series of wellness formulas aimed at enhancing consumers’ health and lifestyle, including vitamins, pre and post workout, sleep aid, stress relief and other lifestyle wellness applications.
“CURB has developed a new standard in inhalation devices that offers consumers a more safe, convenient, and consistent delivery system, whether they are seeking enjoyment or to support their wellness journey,” said Barbara Sher, Chief Executive Officer for Greenlane. “As leading global distributor of premium lifestyle products, the planned launch of the newly developed CURB inhalation device on our platform is a significant and exciting milestone at the beginning of our strategic collaboration with CURB. We are committed to bringing innovative solutions to our customers and this partnership, like our previously announced relationship with Safety Strips, supports our strategy of broadening our product portfolio. We are committed to providing a full spectrum of premium cannabis accessories while also accessing the large and fast-growing health and wellness marketplace. We believe these new synergistic opportunities can drive sales, expand our market presence, and enhance shareholder value.”
“Partnering with Greenlane marks a pivotal moment for CURB as we bring our patented, non-heating inhalation device to a global audience. This collaboration allows us to introduce a healthier, more efficient way of delivering wellness compounds, nicotine, and cannabinoids through Greenlane’s extensive distribution network. Our innovative technology not only enhances user safety but also expands access to cutting-edge solutions for consumers seeking both enjoyment and well-being.”
“Together with Greenlane, we are excited to drive the future of wellness by creating a portfolio of products that integrate seamlessly into everyday life. We look forward to transforming how wellness is delivered across multiple markets, from pre- and post-workout recovery to stress relief and sleep aids, while continuing to provide safe alternatives for nicotine and cannabis consumption”
CURB’s Innovative Inhalation Device Microsphere Optimization Technology
Non-heating, inhalation device uses ultrasonic vibrations to create a fine mist, ensuring maximum absorption without high temperatures
100% water-soluble formulations ensure a cleaner, safer product
Limited health risks from exposure to harmful chemicals
Preserves the integrity of active compounds
Provides a superior user experience
Designed with sustainability in mind, minimizing environmental impact
About CURB Lifestyle, Inc.
CURB Lifestyle is at the forefront of wellness innovation, specializing in the development of advanced inhalation systems designed to optimize hydration, nutrition, and recovery. Using patented, non-heating atomization technology, CURB converts active ingredients into water-soluble formulations that are delivered via fine mist for rapid absorption. CURB’s versatile inhalation devices are designed to safely and effectively deliver a wide range of compounds, including wellness agents, nicotine, and cannabinoids, without the risks associated with traditional heating methods. With a focus on creating healthier, more sustainable solutions, CURB serves multiple markets including health and wellness, fitness, and recreational sectors. Through its cutting-edge technology, CURB aims to revolutionize how consumers experience and integrate wellness into their daily lives.
For more information about CURB, please visit https://ift.tt/5fJAb9S
About Greenlane Holdings, Inc.
Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. We operate as a powerful family of brands, third-party brand accelerator, and an omnichannel distribution platform.
We proudly offer our own diverse brand portfolio and our exclusively licensed Marley Natural and K.Haring branded products. We also offer a carefully curated set of third-party products through our direct sales channels and our proprietary, owned and operated e-commerce platforms which include Vapor.com, PuffItUp.com, HigherStandards.com, wholesale.greenlane.com and MarleyNaturalShop.com.
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