Greenlane Holdings Increases Vera Token Holdings to 81.6 Million Amid Listing Maintenance Pressure

Greenlane Holdings holds 77,712,731 Vera and identical tokens as of March 31, 2026, with a cost basis of $68.678 million and a fair value of $34.232 million. During this period, the company recognized a loss of $12.869 million due to fluctuations in the fair value of digital assets. Following a private transaction worth $110.7 million on October 1, 2025, the company shifted its financial strategy to focus on Vera, increasing its holdings from 77 million at the end of March to 81.6 million by July 7. However, the accounting assessment reflects the fluctuations in token prices. On July 8, Greenlane announced the termination of warehouse operations and staff reductions, stating plans to continue cost-cutting and acquiring Vera. The decision to maintain its Nasdaq listing will depend on stock prices and the market value requirements of listed shares, with a notification of violation of minimum stock price standards already received on March 25, 2026. An 8-for-1 reverse stock split was conducted on April 6, and new Nasdaq continued listing standards remain a separate issue. Greenlane plans to pursue both cost reduction and Vera accumulation.