Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest announcement is out from Green Rise Capital Corp. ( (TSE:GRF) ).
Green Rise Foods Inc. reported a slight decline in its financial performance for Q2 Fiscal 2025, with fresh produce revenue decreasing by 2% and adjusted EBITDA dropping by 45% compared to the previous year. Despite adverse weather conditions affecting production, the company remains optimistic about meeting its annual production targets, expecting improved yields in the remaining harvesting season.
More about Green Rise Capital Corp.
Green Rise Foods Inc. operates in the agriculture industry, utilizing its 89 acres of Controlled-Environment Agriculture Greenhouses to produce high-quality fresh produce. The company markets its products under the ‘SUNSET’ brand through its distribution partner, Mastronardi Produce Ltd. Green Rise emphasizes environmentally sustainable practices and aims to meet the increasing consumer demand for locally grown produce.
Average Trading Volume: 2,727
Technical Sentiment Signal: Sell
Current Market Cap: C$15.59M
Learn more about GRF stock on TipRanks’ Stock Analysis page.