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Fly News Breaks for May 13, 2019
GNLN
May 13, 2019 | 09:09 EDT
Northland analyst Mike Grondahl initiated Greenlane with an Outperform and $23 price target saying it is well positioned to benefit from the shift to non-combustion nicotine consumption along with growing CBD and legal cannabis markets. Grondahl said Greenlane has a strong position in the distribution network as a partner with well known vaporizer companies, combined with many other products and accessories, and a growing share of internally developed brands.
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