Greenlane To Launch Fentanyl, Xylazine And Drink Spike Detection Test Strips Product Line
Portfolio Pulse from Benzinga Newsdesk
Greenlane Holdings, Inc. (NASDAQ:GNLN) is launching a new line of fentanyl, xylazine, and drink spike detection test strips under the Safety Strips brand. This move aligns with California's new law requiring clubs and bars to offer drug testing devices. The products will be available for order starting September 25th, with shipments beginning October 1st.
September 16, 2024 | 12:37 pm
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Greenlane Holdings is set to launch a new product line of drug detection test strips, which could boost its market presence and sales. The launch is timely with California's new law requiring such products in clubs and bars.
The launch of the new product line aligns with regulatory changes in California, potentially increasing demand. Greenlane's established distribution and marketing capabilities could enhance sales and market presence, positively impacting the stock price.
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