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Investor Presentation

GREENLANE DAVINCI ACQUISITION AND COMMENTARY ON PACT ACT ACQUISITION OF INDUSTRY LEADING VAPORIZER BRAND AND DEVELOPER OF AWARD WINNING DAVINCI IQ WILL EXPAND GREENLANE BRANDS PORTFOLIO AND IP PIPELINE DAVINCI DAGANCI DaVinci Acquisition Highlights: ● ● Expands Greenlane Brands portfolio and intellectual property position, which should lead to higher margins and revenue, as well as a stronger defensive moat PACT Act Ruling and Implications: The recently issued final PACT Act rules DO NOT place any restrictions on shipping of products that are used with only dry herbs and solid concentrates (e.g. DaVinci vaporizer) ● NASDAQ: GNLN ● DaVinci estimated to achieve approximately $12 million in sales with product margins of 60% in 2021 Total consideration of up to $20 million (cash and stock), subject to achievement of earnouts (-1.7x sales) Only 12% of Greenlane's sales orders processed in 2021 contained products that are impacted by PACT Act Greenlane's robust compliance infrastructure and operational expertise enable us to continue delivering PACT Act-regulated products to customers efficiently, creating a competitive advantage 6
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