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Greenlane Renewables Inc GRNWF


Primary Symbol: T.GRN

Greenlane Renewables Inc. is a Canada-based company, which provides biogas upgrading systems. Its systems produce clean, renewable natural gas from organic-waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as commercial vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Renewables brand, remove impurities and separate carbon dioxide from bio methane in the raw biogas created from the anaerobic decomposition of organic waste at landfills, wastewater treatment plants, farms, food waste streams, and other feedstock sources. It is engaged in deploying the three main upgrading technologies: water wash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. It has delivered over 145 biogas upgrading systems into 19 countries and over 160 biogas desulfurization units.


TSX:GRN - Post by User

Post by Canadian_101on May 12, 2023 4:17pm
333 Views
Post# 35446232

Results Q1 2023 Versus Q1 2022

Results Q1 2023 Versus Q1 2022It seems GRN has stalled big time this quarter verus this time last year in my mind,  what happened to the reporting for the sales pipeline of 900 million, no mention of the pipeline at all on this update. What happened to cash on hand, 23,5 million end of Q1 2022, 16.5 end of Q1 2023, they seem to be burning through cash on hand,  where did this cash go??? Not sure if Brad discussed any of this on the conference call, were is the archive of that call which should be on their website by now.

Hopefully Q2 is better, if no new contract announcements in the next couple of months, I would say the ship is sinking....sadly.



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