Greenlane Holdings, Inc. (GNLN) received a notice from Nasdaq on March 25, 2026, indicating non-compliance with the minimum $1.00 bid price requirement (Nasdaq Listing Rule 5550(a)(2)). The company's Class A common stock failed to maintain a $1.00 bid price for 30 consecutive business days from February 10, 2026, to March 24, 2026. Greenlane is not eligible for the typical 180-calendar day compliance period due to having effected multiple reverse stock splits totaling a cumulative ratio of 250 shares or more to one over the prior two-year period. Specifically, the company executed a 1-for-11 reverse stock split on August 5, 2024, and a 1-for-750 reverse stock split on June 27, 2025, resulting in a cumulative 1-for-8,250 reverse stock split ratio. The company's securities are subject to delisting unless it timely requests a hearing before the Nasdaq Hearings Panel by April 1, 2026. Greenlane intends to request a hearing, which will automatically stay any delisting action pending the Panel's decision, allowing the stock to continue trading on Nasdaq during the appeal process.