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Fly News Breaks for October 7, 2019
GNLN
Oct 7, 2019 | 08:34 EDT
Roth Capital analyst Scott Fortune lowered his price target for Greenlane to $10 from $18.50 as a result of slowing vape sales industry wide. As the vape crisis continues to unfold and regulatory pressure on the JUUL e-cigarette business evolves, the analyst believes it is clear consumers are pausing in their consumption of legal vaping. He has a Buy rating on the shares.
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