Greenlane Holdings Completes $110M Private Placement, Appoints CIO, and Prepares to Accumulate BERA.

Greenlane Holdings has completed a $110 million private placement, consisting of $50 million in cash and stablecoin investment, and $59.5 million in BERA tokens. The company now holds $50 million in cash and approximately 55 million BERA tokens, valued at $110 million. Ben Isenberg has been appointed as Chief Investment Officer to manage the Berachain treasury strategy, and Bruce Linton has joined the board as Chairman, while Billy Levy joins as director.