Feb. 4 at 4:49 PM
$GNLN GNLN even went as far as taking on debt to replace a significant portion of its corporate treasury with Berachain tokens. However, around 60M Berachain tokens are set to unlock in the market in February, which amounts to roughly 40% of the circulating supply. This is effectively the same as massive dilution in the stock market, meaning Greenlane is now guaranteed to take a direct and severe hit to its finances—and as a result, the stock price has been absolutely crushed.
On top of that, the company’s equity value has already been completely diluted through secondary offerings, warrants, and ATM programs. Every technical indicator is pointing toward oversold conditions and further downside. Meanwhile, cannabis itself has little to no real market appeal under the Trump administration.
If this stock were to skyrocket, it would be a miracle on the level of China winning the 2026 FIFA WC—that’s how absurdly unlikely it would be.
