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Greenlane Renewables Reports Strong Financial Gains and Technological Advances in 2024

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Greenlane Renewables Reports Strong Financial Gains and Technological Advances in 2024

Greenlane Renewables Inc ( (TSE:GRN) ) has shared an update.

Greenlane Renewables reported a significant improvement in its financial performance for the fiscal year 2024, with an 81% increase in adjusted EBITDA and a strengthened cash position. The company achieved notable operational milestones, including new contracts and patent filings for advanced landfill gas upgrading technology, positioning itself for further growth and innovation in the renewable energy sector.

More about Greenlane Renewables Inc

Greenlane Renewables Inc. operates in the renewable energy industry, focusing on the development and supply of biogas upgrading systems. The company specializes in converting landfill gas to renewable natural gas (RNG), with a market focus on expanding its technological innovations and international presence.

YTD Price Performance: -10.0%

Average Trading Volume: 87,144

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$13.33M

For detailed information about GRN stock, go to TipRanks’ Stock Analysis page.

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