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GRN – Greenlane Renewables Inc

Compliant

★★★☆☆

Greenlane Renewables Inc is Shariah compliant. The company’s financials pass three standards and fail in two.

$85,660,965

Market cap

40.34%

Revenue Growth

BUY

Analysts' Rating

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Recommendation Rating

1.6

1

2

3

4

5

1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 1.68

Low: 1.01

High: 3.11

Total Analysts: 9

Company Profile

Greenlane Renewables Inc. is a Canada-based company that provides biogas upgrading systems. The Company’s biogas upgrading systems create 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 vehicle fuel. The biogas upgrading systems, marketed and sold by the Company under the Greenlane Biogas brand, remove impurities and separates carbon dioxide from biomethane 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. The Company designs and develops the systems it provides and uses a capital light business model with fully outsourced manufacturing managed by a team of supply chain professionals. Once delivered to site, the Company commissions and tests the systems and provides aftercare parts and services.

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