NOTE 4. LEASES

Greenlane as a Lessee

As of March 31, 2026, the Company had no material operating lease right-of-use assets or operating lease liabilities, as substantially all leased facilities had been exited or terminated.

Rent expense under operating leases was approximately $0.2 million and $0.5 million for the three months ended March 31, 2026 and 2025, respectively.

The following expenses related to our operating leases were included in “general and administrative” expenses within our condensed consolidated statements of operations and comprehensive loss:

 SCHEDULE OF LEASE COST