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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 timjim0417on May 06, 2024 12:29pm
198 Views
Post# 36025151

Love this stock

Love this stockAt first glance this stock looks great. Lots of experience, nice products, nice website etc. but then you see they make no profit and current market cap = 12 mil

Lol. Come on GRN you can do better. Something obviously wrong with their business model and they need to fix.

One problem they have is due to the nature of contracts. You don't always get paid up front and so their revenue per quarter is highly volatile. They should put more emphasis on annual revenue numbers and investors want to see this trending positive.

Instead of only putting news for winning contracts, they should be putting news monthly on what is going on to lift investor sentiment. Their HR sucks and needs to improve.
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