TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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.