Greenlane Announces Non-Binding LOI To Be The Exclusive Distributor In The U.S. Of Safety Strips, Inc.'s Fentanyl, Xylazine And Drink Spike Detection Test Strips
Portfolio Pulse from Benzinga Newsdesk
Greenlane Holdings, Inc. (NASDAQ:GNLN) has announced a non-binding letter of intent to become the exclusive U.S. distributor of Safety Strips, Inc.'s fentanyl, xylazine, and drink spike detection test strips. This partnership aims to leverage Greenlane's distribution platform to address the growing opiate crisis.
August 12, 2024 | 2:06 pm
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Greenlane Holdings has signed a non-binding LOI to be the exclusive U.S. distributor of Safety Strips' fentanyl, xylazine, and drink spike detection test strips. This could enhance Greenlane's product portfolio and address the growing opiate crisis.
The partnership with Safety Strips could significantly enhance Greenlane's product offerings and market reach, potentially driving revenue growth. The focus on addressing the opiate crisis adds a socially responsible dimension to the company's portfolio.
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