Greenlane Holdings Inc.

10/15/2026 | Press release | Distributed by Public on 10/15/2026 14:31

Bankruptcy (Form 8-K)

Item 1.03 Bankruptcy or Receivership.

As previously reported in the Current Report on Form 8-K filed by Greenlane Holdings, Inc. (the "Company") on October 7, 2026 (the "Prior Report"), on September 30, 2026, Greenlane Holdings, LLC, Warehouse Goods LLC, KIM International, LLC and Kush Supply Co. LLC (collectively, the "Assignors"), each a direct or indirect subsidiary of the Company, each executed an irrevocable assignment for the benefit of creditors under Chapter 727 of the Florida Statutes (collectively, the "Assignments") in favor of Philip J. von Kahle (the "Assignee"), and the Assignee accepted each Assignment on that date.

On October 9, 2026, the Assignee filed a petition commencing an assignment proceeding for each Assignor in the Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade County, Florida, Complex Business Division (the "Court"), and the Court assumed jurisdiction over the assets of each Assignor on that date. The proceedings are as follows:

Assignor Date of Assignment Date Petition Filed Case Number
Warehouse Goods LLC September 30, 2026 October 9, 2026 2026-020549-CA-01
Greenlane Holdings, LLC September 30, 2026 October 9, 2026 2026-020550-CA-01
KIM International, LLC September 30, 2026 October 9, 2026 2026-020551-CA-01
Kush Supply Co. LLC September 30, 2026 October 9, 2026 2026-020552-CA-01

The Assignee is seeking to have the four proceedings administered under a single consolidated docket, with the Warehouse Goods LLC proceeding as the lead case. As of the date of this Current Report on Form 8-K, the proceedings have not been consolidated and a judge has not been assigned.

The Assignee is responsible for liquidating the assets of the Assignors and distributing the proceeds to the creditors of each Assignor in accordance with Chapter 727 of the Florida Statutes, under the supervision of the Court. The Assignments do not release the Assignors from their liabilities. Additional information regarding the Assignments and the related deconsolidation is set forth in the Prior Report.

Cautionary Note Regarding Forward Looking Statements

This Current Report on Form 8-K contains forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the administration and outcome of the assignment proceedings. These statements are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including actions of the Assignee, the Court and creditors of the Assignors, claims that may be asserted against the Company or its remaining subsidiaries in connection with the Assignors or their liabilities, and the risks described in the Company's Annual Report on Form 10-K for the year ended December 31, 2025 and its subsequent filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward looking statement, except as required by law.

Greenlane Holdings Inc. published this content on October 15, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on October 15, 2026 at 20:31 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]