Greenlane and AVD Announce Distribution Agreement

LOS ANGELES and BOCA RATON, Fla., Jan. 07, 2020 (GLOBE NEWSWIRE) -- Advanced Vapor Devices (AVD), a high-tech manufacturer of vaporizer cartridges and batteries, and Greenlane Holdings, Inc. (Nasdaq: GNLN) (a??Greenlanea??),A one of the largest global sellers of premium cannabis accessories, CBD and liquid nicotine products, today announced a comprehensive distribution agreement for AVD products, including its entire suite of glass and resin cartridges, glass disposable cartridges, and rechargeable and disposable batteries.Under the terms of the agreement, Greenlane will distribute AVDa??s Easy-Press Glass Cartridge, the industrya??s first glass cartridge with a thumb snap-on, tamper-proof locking system, which is designed to reduce bottlenecks in rapid high-end, high-production filling and capping environments.a??We are excited to be partnering with AVD to bring its innovative vaporization technology to market,a?? said Aaron LoCascio, Chairman and Chief Executive Officer of Greenlane. a??AVDa??s product technology delivers fulsome flavors without compromising on cartridge and battery reliability or integrity. We will leverage our expansive distribution network to make AVDa??s full suite of products available to consumers through licensed cannabis dispensaries, as well as smoke and vape shops throughout North America.a??a??We are thrilled to partner with Greenlane and its extensive distribution network across North America, Europe, and online through its e-commerce platform,a?? said Michael Brosgart, Chief Operating Officer of AVD. a??As the cannabis market continues to develop rapidly, AVD is committed to advancing cartridge technology for consumers. Through our partnership with Greenlane, AVD will be able to provide a wider market with access to a new generation of cartridges a?? that are free from harmful toxins and provide reliable performance.a??About Advanced Vapor Devices (AVD)
AVD exclusively designs and manufactures vaporizer cartridges and batteries for plant-based oils. AVD adheres to three design and manufacturing principles:
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