Latest news with #Panel
Miami Herald
11 hours ago
- Business
- Miami Herald
Greenlane Granted Continued Listing from Nasdaq Hearings Panel, Subject to Return to Compliance with Nasdaq Listing Rules
BOCA RATON, FL / ACCESS Newswire / June 2, 2025 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced today announced that the Nasdaq Hearings Panel ("Panel") has granted the Company's request for an extension to evidence compliance with all applicable criteria for continued listing on The Nasdaq Capital Market. As previously reported by Greenlane on its current report on Form 8-K, on April 2, 2025, the Listing Qualifications Department (the "Nasdaq Staff") of the Nasdaq Stock Market ("Nasdaq") issued a determination to the Company, which was communicated through a delisting notice (the "Delisting Notice"), indicating that the Company did not satisfy the minimum $1.00 bid price per share requirement for the continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") by February 19, 2025. The Company subsequently requested a hearing (the "Hearing") before the Panel to appeal the determination by the Nasdaq Staff, and present its plan to regain and sustain compliance with the Minimum Bid Price Rule. Further, as previously reported by Greenlane on its current report on Form 8-K, on May 9, 2025, Nasdaq Staff issued a public interest determination to the Company, which was communicated through an additional delisting notice, whereby Staff invoked its broad discretionary authority under Listing Rule 5101, due to the issuance of Series B warrants exercisable on a cashless basis in connection with its securities purchase agreement dated February 18, 2025. The Nasdaq hearing on the matter was held on May 15, 2025. During the Hearing, Greenlane presented an overview of its current and ongoing strategic initiatives aimed at enhancing shareholder value and regaining compliance with the Minimum Bid Price Rule. On May 30, 2025, the Panel issued its determination (the "Panel Determination Letter") to the Company, granting the Company's request for the continued listing of the Company's common shares on Nasdaq, but subject to the Company's evidencing compliance with the following: (i) on or before June 16, 2025, the Company must obtain shareholder approval for a reverse stock split at a ratio sufficient to achieve compliance with the Bid Price Rule; (ii) on or before June 27, 2025, the Company must effect a reverse stock split and achieve a minimum closing bid price of $1.00; and, (iii) to evidence compliance with the Minimum Bid Price requirement, the Company's common stock must close at or above $1.00 per share for a minimum of 10 consecutive business days by July 11, 2025. Importantly, the Panel did not believe that the issuance of a public interest determination based on the facts in this matter was appropriate. About Greenlane Holdings, Inc. Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. We operate as a powerful family of brands, third-party brand accelerator, and an omnichannel distribution platform. We proudly offer our own diverse brand portfolio and our exclusively licensed Marley Natural and branded products. We also offer a carefully curated set of third-party products through our direct sales channels and our proprietary, owned and operated e-commerce platforms which include , and For additional information, please visit: For additional information, please visit: Investor Contact: IR@ or TraDigital IRKevin McGrath+1-646-418-7002kevin@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Greenlane and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. Greenlane has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in Greenlane's Annual Report on Form 10-K filed for the year ended December 31, 2023 and the Company's other filings with the SEC, which can be obtained on the SEC website at These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC. SOURCE: Greenlane Holdings, Inc.
Yahoo
21 hours ago
- Business
- Yahoo
Greenlane Granted Continued Listing from Nasdaq Hearings Panel, Subject to Return to Compliance with Nasdaq Listing Rules
BOCA RATON, FL / / June 2, 2025 / Greenlane Holdings, Inc. ("Greenlane" or the "Company") (NASDAQ:GNLN), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced today announced that the Nasdaq Hearings Panel ("Panel") has granted the Company's request for an extension to evidence compliance with all applicable criteria for continued listing on The Nasdaq Capital Market. As previously reported by Greenlane on its current report on Form 8-K, on April 2, 2025, the Listing Qualifications Department (the "Nasdaq Staff") of the Nasdaq Stock Market ("Nasdaq") issued a determination to the Company, which was communicated through a delisting notice (the "Delisting Notice"), indicating that the Company did not satisfy the minimum $1.00 bid price per share requirement for the continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule") by February 19, 2025. The Company subsequently requested a hearing (the "Hearing") before the Panel to appeal the determination by the Nasdaq Staff, and present its plan to regain and sustain compliance with the Minimum Bid Price Rule. Further, as previously reported by Greenlane on its current report on Form 8-K, on May 9, 2025, Nasdaq Staff issued a public interest determination to the Company, which was communicated through an additional delisting notice, whereby Staff invoked its broad discretionary authority under Listing Rule 5101, due to the issuance of Series B warrants exercisable on a cashless basis in connection with its securities purchase agreement dated February 18, 2025. The Nasdaq hearing on the matter was held on May 15, 2025. During the Hearing, Greenlane presented an overview of its current and ongoing strategic initiatives aimed at enhancing shareholder value and regaining compliance with the Minimum Bid Price Rule. On May 30, 2025, the Panel issued its determination (the "Panel Determination Letter") to the Company, granting the Company's request for the continued listing of the Company's common shares on Nasdaq, but subject to the Company's evidencing compliance with the following: (i) on or before June 16, 2025, the Company must obtain shareholder approval for a reverse stock split at a ratio sufficient to achieve compliance with the Bid Price Rule; (ii) on or before June 27, 2025, the Company must effect a reverse stock split and achieve a minimum closing bid price of $1.00; and, (iii) to evidence compliance with the Minimum Bid Price requirement, the Company's common stock must close at or above $1.00 per share for a minimum of 10 consecutive business days by July 11, 2025. Importantly, the Panel did not believe that the issuance of a public interest determination based on the facts in this matter was appropriate. About Greenlane Holdings, Inc. Founded in 2005, Greenlane is a premier global platform for the development and distribution of premium smoking accessories, vape devices, and lifestyle products to thousands of producers, processors, specialty retailers, smoke shops, convenience stores, and retail consumers. We operate as a powerful family of brands, third-party brand accelerator, and an omnichannel distribution platform. We proudly offer our own diverse brand portfolio and our exclusively licensed Marley Natural and branded products. We also offer a carefully curated set of third-party products through our direct sales channels and our proprietary, owned and operated e-commerce platforms which include , and For additional information, please visit: For additional information, please visit: Investor Contact: IR@ or TraDigital IRKevin McGrath+1-646-418-7002kevin@ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Greenlane and other matters. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. Greenlane has based these forward-looking statements largely on its current expectations and projections about future events and financial trends that it believes may affect its business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in Greenlane's Annual Report on Form 10-K filed for the year ended December 31, 2023 and the Company's other filings with the SEC, which can be obtained on the SEC website at These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC. SOURCE: Greenlane Holdings, Inc. 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Yahoo
6 days ago
- Automotive
- Yahoo
Chris Buescher's NASCAR Kansas race penalty reduced, now 16th in points
Chris Buescher's penalty from the May 15 NASCAR Kansas race has been amended, NASCAR announced May 28 in a statement. During a hearing with the National Motorsports Appeals Panel, a three-person panel decided that Buescher "violated one or more, but not all, of the rule(s) set forth in the penalty notice." Advertisement Buecher's No. 17 Roush Fenway Keselowski Ford was in violation of NASCAR rule 14.5.4, which oversees the front bumper cover, but was not in violation of rule 14.1.2, which covers the exhaust cover panel. Buescher's penalty goes from 60 points to 30 in the driver championship standings and team owner points. Buescher also loses five playoff points in both the team and owner standings, a two-race suspension for crew chief Scott Graves, which he has already served, and a $75,000 fine for the team. After the amended penalty, Buescher moves from 23rd to 16th in the NASCAR Cup Series standings. In the statement from NASCAR, the panel provided a further explanation on its finding. Advertisement AUDIO OF "THE LONG TALLADEGA CON": Listen to "The Long Talladega Con," story of L.W. Wright "The panel concluded that NASCAR met its burden of proof regarding the reinforcement of the front bumper cover but did not meet it regarding the trimming of the exhaust panel cover," the explanation read. "The rule book regarding the exhaust panel trimming lacked specificity on the amount trimmed or not trimmed. Accordingly, the Panel reduced the owner and driver points penalty from 60 to 30 points." RFK Racing shared a statement on X, formerly Twitter, following the amended penalty for Buescher. "We appreciate the opportunity to present our case to the National Motorsports Appeals Panel today and are pleased that the panel overturned one of the two assessed penalties," the statement read. "Our goal is to always comply fully with the letter of the NASCAR Rulebook, and our focus is now looking forward to competing for a win in Nashville this weekend." When is NASCAR Nashville race? The NASCAR Nashville race is set for 6 p.m. CT on June 1 at Nashville Superspeedway. Chris Buescher wins Chris Buescher has six career wins in the NASCAR Cup Series. His last was in September 2024 at Watkins Glen and his first was at Pocono in 2016. Chris Buescher stats Chris Buescher has one top 5 finish and six top 10 finishes in 13 points races in 2025. Why was Chris Buescher penalized? Chris Buescher was penalized for violations regarding the front bumper cover (NASCAR rule 14.5.4) and exhaust panel cover (NASCAR 14.1.2) in the May 15 NASCAR Kansas race. He finished eighth in that race and the penalties were discovered after the car was taken to the NASCAR Research and Development Center. Chris Buescher hometown Chris Buescher is from Prosper, Texas. Updated NASCAR Cup Series points standings after Chris Buescher's amended penalty William Byron: 499 points (1 win, 11 playoff points) Kyle Larson -29 points behind leader (3 wins, 23 playoff points) Christopher Bell -74 (3 wins, 16 playoff points) Chase Elliott -84 Tyler Reddick -104 Denny Hamlin -109 (2 wins, 12 playoff points) Ryan Blaney -136 (2 playoff points) Ross Chastain -149 (1 win, 5 playoff points) Joey Logano -161 (1 win, 7 playoff points) Alex Bowman -166 Chase Briscoe -185 Bubba Wallace -187 (2 playoff points) Ricky Stenhouse Jr. -215 Ryan Preece -219 (1 playoff point) Austin Cindric -220 (1 win, 7 playoff points) Chris Buescher -225 (-5 playoff points) Josh Berry -230 (1 win, 6 playoff points) AJ Allmendinger -232 Kyle Busch -233 Michael McDowell -240 John Hunter Nemechek -242 Carson Hocevar -251 Todd Gilliland -253 Austin Dillon -255 Ty Gibbs -269 Advertisement Follow sports writer Austin Chastain on X, formerly known as Twitter, at @ChastainAJ or reach him via email at achastain@ This article originally appeared on Nashville Tennessean: NASCAR Nashville race: Chris Buescher Kansas penalty amended
Time Business News
6 days ago
- Business
- Time Business News
SMM Panel Server: Support Pillar of Social Media Marketing Services
Introduction With the fast-evolving digital marketing ecosystem, Social Media Marketing (SMM) is today one of the top techniques businesses, brands, and influencers employ to enhance visibility, engagement, and web development. In a bid to organize and mechanize such marketing campaigns, most of them rely on SMM panels — social media service sites providing followers, likes, views, and comments at cheap rates. Behind such panels is a very crucial factor: the SMM Panel Server. It is the backbone that propels the entire process, making panels perform thousands of social media requests in real-time. Throughout this article, we will describe what an SMM panel server is, how it functions, its types, and what one should be aware of about this very essential component of the social media marketing mix on behalf of users and providers. What is the SMM Panel Server? A single server or server cluster that runs, handles, and offers social media marketing services to customers through a panel-based interface is known as an SMM panel server. It simplifies order execution by connecting to different APIs (Application Programming Interfaces), bots, or other service providers. When a user buys something on a legitimate SMM panel (say, 1,000 Instagram followers), the server waits for the order and disburses it to the relevant source — a third-party service provider, a bot net, or a direct API access to the social media platforms (though the latter on popular platforms like Instagram, Facebook, or TikTok is not common and refers to being unofficial in most instances). How SMM Panel Servers Work The general process of operation of an SMM panel server is as under: Order Placement: The user places an order via an internet interface, selecting a predefined service (e.g., YouTube views). API Communication: The server makes API calls to invoke the request to the predefined provider or internal automation script. Task Execution: The task is executed either by using bots, human networks, or scripts that visit social networking sites. Order Status Updates: The server also keeps track of the status and updates the panel accordingly with statuses like 'In progress', 'Completed', or 'Failed'. Delivery Confirmation: When the task is completed, the panel informs the user as well as marks the order status as delivered. This is what automation and delegation accomplish for SMM panels to be effective and scalable. MM Panel Server Types There are a number of types of SMM panel servers depending on their configuration and usage: 1. Main Provider Servers They are the source locations for social media services. They typically host either proprietary scripts or incentive-based user networks that directly interact with social media or bots. Example: A bot farm of Instagram post-receiving bots on a server. They are generally private and not publicly hosted. 2. Reseller Panel Servers They are not providers of services but intermediaries. They use APIs to connect to master provider servers and resell their services to users. Lower operational expenses. More difficult to begin with, but less quality control. 3. Hybrid Servers Others use a combination of their own automation and resale services. Hybrid configurations provide superior quality control and scalability. 4. Custom Script Servers Some developers create private SMM panel servers with customized code, which offer extra features including drip-feed delivery, order monitoring, and detailed analytics. Benefits of SMM Panel Servers 1. Automation SMM servers are time-saving as they perform tasks again and again automatically, and it is simple to perform marketing actions like delivering thousands of followers or likes. 2. Scalability If a panel has a strong backend server, it can run hundreds or thousands of orders per day automatically without any human intervention. 3. Profitability SMM panels can be highly lucrative with low-cost providers and providing high-end prices to end-users or resellers. 4. Convenience New panels have intuitive interfaces, but the servers handle complexity out of sight. Hazards and Drawbacks 1. Breach of Platform Policies The majority of social media sites do not allow followers or engagement to be bought. SMM panel services may lead to account suspensions, shadowbanning, or bans. 2. Unstable Quality As most panels resell services obtained from undisclosed sources, quality and follower or like retention can be poor. 3. Third-Party Dependence Reseller panel servers are greatly reliant on third-party server availability and integrity. 4. Security Vulnerabilities Certain SMM panel servers can be hacked, particularly if not well managed. Secondly, certain services involve logging in using credentials, revealing critical privacy issues. Key Features in a Good SMM Panel Server API Integration: Seamless integration with various service providers. Order Management System: Manages status, retries, and refunds. Dashboard and Analytics: Gives insights into service usage and user activity. Payment Integration: Integrates various payment sources like PayPal, crypto, and credit cards. Security Features: SSL, DDoS protection, and secure databases. Hosting and Server Infrastructure The hosting environment plays an important role when it comes to hosting a successful SMM panel. Low-latency response with good and acceptable uptime, VPS or dedicated servers are usually the preference for most panels. Some popular ones are: Linux-based servers (Ubuntu, CentOS) Apache/Nginx for web server software PHP + MySQL for back-end logic and data storage Use of CDN and cache can offer speed and performance, particularly for traffic-heavy panels. White-Label and Custom Panel Servers Pre-configured, white-label servers ready to deploy are suitable for novices but not for extensive personalization. Custom servers are development-focused but more adaptable, can be branded, and have extra features to meet a firm's requirements. Legal and Ethical Issues SMM panel services are in great demand but exist primarily in the gray area of law. The big sites such as Facebook, YouTube, and Instagram view bots or artificial engagement as against their terms of service. Potential outcomes are: Deactivation of users' accounts. Legislative intervention on mass-scale spamming or automation. Loss of reputation for businesses engaged in artificial engagement. We must ensure the growth plan aligns with the policies of the platform and marketing ethics. SMM Panel Server-based As social media platforms more and more rely on advanced AI-based detection and moderation techniques, the future of SMM panel servers is in peril. The future to be unveiled, however, is are new phenomenon: AI-based SMM services that simulate real engagement. Human-incentivized networks (e.g., microtaskers). Niche-oriented SMM panels focused on quality and retention. SMM servers will grow intelligent with time to use safer, wiser, and smarter means of virtual advertising. conclusion Panel servers are an integral component of the digital marketing system that offers the base for the delivery of fast, scalable social media services. Marketers, resellers, and influencers use them, and thus must be known of their advantages and disadvantages to use them safely and effectively. In the wake of business expansion and rising competition on platforms, the future of SMM panel servers lies in innovation, regulation, and embracing more natural and value-based advertisement methods. TIME BUSINESS NEWS
RNZ News
7 days ago
- Business
- RNZ News
The Panel with Anna Dean and Allan Blackman (Part 1)
business law about 1 hour ago Tonight on The Panel, Wallace Chapman is joined by panellists Anna Dean and Allan Blackman. They discuss the latest OCR shift and youth interest in ultra-violent sports, which today's guest says is "setting sports safety back centuries".
