X0306 4 2020-07-16 0001743745 Greenlane Holdings, Inc. GNLN 0001773421 Jacoby & Co. Inc. C/O GREENLANE HOLDINGS, INC. 1095 BROKEN SOUND PARKWAY, SUITE 300 BOCA RATON FL 33487 0 0 1 0 Class C Common Stock 2020-07-16 4 C 0 450000 D 64376013 D Class C Common Stock 2020-09-18 4 C 0 705000 D 63671013 D Class C Common Stock 2021-01-06 4 C 0 1950000 D 61721013 D Common Units 2020-07-16 4 C 0 150000 0 D Class A Common Stock 132000 21458671 D Common Units 2020-09-18 4 C 0 235000 0 D Class A Common Stock 235000 21223671 D Common Units 2021-01-06 4 C 0 650000 0 D Class A Common Stock 650000 20573671 D Pursuant to the Third Amended and Restated Operating Agreement of Greenlane Holdings, LLC (the "Operating Company"), the common membership interests in the Operting 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, three shares of Class C Common Stock are automatically forfeited and cancelled for each Common Unit so redeemed. On July 16, 2020, the Reporting Person redeemed a total of 150,000 Comon Units for shares of Class A Common Stock, which were distributed to the shareholders of the Reporting Person. 450,000 shares of Class C Common Stock were subsequently cancelled. On September 18, 2020, the Reporting Person redeemed a total of 235,000 Common Units for shares of Class A Common Stock, which were distributed to the shareholders of the Reporting Person. 705,000 shares of Class C Common Stock were subsequently cancelled. On January 6, 2021, the Reporting Person redeemed a total of 650,000 Common Units for shares of Class A Common Stock, which were distributed to the shareholders of the Reporting Person. 1,950,000 shares of Class C Common Stock were subsequently cancelled. The Common Units have no expiration date. /s/ Aaron LoCascio 2021-01-08