X0306 4 2021-08-31 0001743745 Greenlane Holdings, Inc. GNLN 0001773270 Schoenfeld Adam C/O GREENLANE HOLDINGS, INC. 1095 BROKEN SOUND PARKWAY, SUITE 300 BOCA RATON FL 33487 1 1 1 0 Chief Strategy Officer Class C Common Stock 2021-08-31 4 D 0 59958138 0 D 0 I See footnote Class C Common Stock 2021-08-31 4 D 0 6068205 0 D 0 D Class B Common Stock 2021-08-31 4 A 0 19986046 0 A 19986046 I See footnote Class B Common Stock 2021-08-31 4 A 0 2022735 0 A 2022735 D Class B Common Stock 2021-09-01 4 C 0 406776 0 D 15998046 I See footnote Class A Common Stock 2021-09-01 4 J 0 406776 0 A 489644 D Class A Common Stock 22533 I By spouse Common Units 2021-09-01 4 C 0 406776 0 D Class A Common Stock 406776 15998046 I See footnote Common Units 0 Class A Common Stock 2022735 2022735 D The Issuer's Amended and Restated Certificate of Incorporation filed with the Delaware Secretary of State on August 31, 2021 eliminates Class C common stock as a class of the Issuer's capital stock, and, upon the closing of the transactions contemplated by the Agreement and Plan of Merger, dated as of March 31, 2021, by and among Greenlane Holdings, Inc., Merger Sub Gotham 1, LLC, Merger Sub Gotham 2, LLC and KushCo Holdings, Inc. (the "Merger Agreement"), all holders of Class C common stock received one-third of a share of Class B common stock for each share of Class C common stock. The reporting person is a stockholder of Jacoby & Co. Inc. ("Jacoby"), which is a member of the Operating Company and is the direct record owner of the securities described herein. The reporting person shares voting control of such securities owned by Jacoby and has a pecuniary interest in such securities held by Jacoby. Received in exchange for 59,958,138 shares of the Issuer's Class C common stock pursuant to the Merger Agreement. Received in exchange for 6,068,205 shares of the Issuer's Class C common stock pursuant to the Merger Agreement. Pursuant to the Third Amended and Restated Operating Agreement of Greenlane Holdings, LLC (the "Operating Company"), the common membership interests in the Operating Company (the "Common Units") are redeemable on a one-for-one basis for shares of Class A common stock of the Issuer, or, at the election of the Issuer, cash equal to a volume weighted average market price of a share of Class A common stock. Upon any redemption of Common Units, one share of Class B common stock is automatically forfeited and cancelled for each Common Unit so redeemed. On September 1, 2021, Jacoby tendered 3,988,000 Common Units for redemption and was issued 3,988,000 shares of Class A common stock. Immediately following the redemption of 3,988,000 Common Units for shares of Class A common stock, Jacoby distributed the shares of Class A common stock to its stockholders, including the Reporting Person. The number of shares of Class B common stock and Common Units shown as disposed and the number of shares of Class A common stock shown as acquired by the Reporting Person represent shares of Class A common stock distributed directly to the Reporting Person in proportion to his pecuniary interest in Jacoby. The Common Units have no expiration date. /s/ Douglas Fischer, as attorney-in-fact for Adam Schoenfeld 2021-09-02