Greenlane Holdings: subsidiaries execute assignments for creditors

What happened The filing says 4 subsidiaries of Greenlane Holdings, Inc. executed irrevocable assignments for the benefit of creditors under Chapter 727 of the Florida Statutes on Sep 30, 2026. The assignors were Greenlane Holdings, LLC; Warehouse Goods LLC; KIM International, LLC; and Kush Supply Co. LLC. Philip J. von Kahle accepted each assignment on Sep 30, 2026 and is perfecting the assignments and commencing 4 cases in the Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade County, Florida, Complex Business Division.

Key details

• Each assignor transferred substantially all of its assets to the assignee; the assignee is responsible for liquidating those assets and distributing proceeds under Chapter 727 and, once filed, under court supervision.
• Assets assigned by Greenlane Holdings, LLC include its equity interests in Warehouse Goods LLC, Merger Sub Gotham 2, LLC and Greenlane Holdings EU B.V.; Warehouse Goods LLC assigned the Vapor.com domain and equity interests in Vapeworld Distribution LTD and Banana G’s LLC.
• Merger Sub Gotham 2, LLC is the direct parent of KIM International, LLC; Kush Supply Co. LLC; Kush Energy LLC; and KCH Distribution Inc.; ARI Logistics B.V. and Vapeworld Distribution LTD are subject to separate liquidation proceedings in the Netherlands and Canada.
• The assignee, and not Greenlane Holdings, Inc., now controls the assets of the assignors and the administration of their estates; the assignments do not release the assignors from liabilities. The filing notes Greenlane Subsidiary Inc., Vapor.com Holdings, LLC and Greenlane Manager, LLC are not assignors or parties to the assignments.

Why it may matter This Current Report on Form 8-K reports Item 1.03 (bankruptcy or receivership) covering the irrevocable assignments under Chapter 727 and Item 2.01 (completion of disposition of assets) covering the transfer of substantially all assets of the assignors to the assignee. The filing also references pro forma financial information related to the deconsolidation of the deconsolidated entities. The filing does not show why the insider traded or why the company acted.