The environment for small cap stocks is pretty horrendous right now. They're trading at the largest valuation gap relative to large caps since the Dot Com bubble. So while it is fairly difficult to say when it will come out of its tailspin, the one bright spot would be the fact that small caps generally do outperform their large cap counterparts coming out of a recession.
In this case, it could be a brighter future for stocks like Greenlane moving forward. The company is continuing to add to the backlog and the future does look solid for this company. The market is just very much in "risk off" mode when it comes to small caps and is more so focusing on large and mega cap companies.