Pryor Cashman advised Greenlane Holdings LLC, a leading distributor of premium vaporization products and consumption accessories, on its acquisition of Pollen Gear", a leading producer of premium, customizable child-resistant packaging solutions. The transaction closed January 14, 2019.
Prior to the acquisition, Greenlane was the exclusive global distributor of Pollen Gear products. With this acquisition, Greenlane will assume operational control of supply chain logistics and quality assurance, allowing Pollen Gear's growing team of designers and engineers to focus on product development and innovation.
Greenlane's customers include over 6,400 independent smoke shops and regional retail chain stores. The company also owns and operates two of the most visited North American direct-to-consumer e-commerce websites in the vaporization products and consumption accessories industry, VaporNation.com and VapeWorld.com.