USPS Gives Greenlane Holdings PACT Act Exemption
Credit: Lost in Midwest
Greenlane Holdings, one of the largest sellers of premium cannabis accessories, announced that it has begun shipping previously restricted vaping products to its wholesale clients under a business and regulatory exemption to the Prevent All Cigarette Trafficking (PACT) Act. The exemption was issued the United States Postal Service (USPS).
The U.S. Congress banned all electronic nicotine delivery system (ENDS) products from being mailed by the USPS in 2020. The rule change was lumped into the Covid-19/ omnibus budget bill passed.
After receiving the regulatory exemption in January 2022, Greenlane has successfully implemented the controls, processes, and systems required to begin utilizing the USPS and offering it to customers at full capacity, according to a press release. The ability to fulfill ENDS products with the USPS will allow the Company to reduce shipping costs, decrease fulfillment times, and enhance the overall customer experience for approved wholesale customers.
“We are excited to, once again, offer a high quality and cost-effective fulfillment solution to our wholesale clients for our entire suite of products,” said Nick Kovacevich, CEO of Greenlane. “We continue to focus on strengthening our position as industry leaders in compliance and safety. This major step further differentiates us in the market and demonstrates our Company’s strength in adapting to the ever-changing regulatory landscape.”
The implementation of this new fulfillment offering through the USPS will also enable Greenlane to partner with businesses that ship regulated ENDS products and need a cost-effective logistics solution.
“We believe this new shipping capability positions us well to accelerate our growth in the vaporizer space, and to take advantage of new revenue opportunities through offering our compliant logistics capabilities to other businesses that have been impacted by the PACT Act,” said Kovacevich.