Greenlane Renewables Inc
TSX:GRN
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GRN's latest stock split occurred on Jun 4, 2021
The company executed a 5-for-1 stock split, meaning that for every share held, investors received 5 new shares.
Before the split, GRN traded at 1.59 per share. Afterward, the share price was about 1.61.
The adjusted shares began trading on Jun 4, 2021. This was the only stock split in GRN's history.
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Greenlane Renewables Inc
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Greenlane Renewables, Inc. engages in the provision of biogas upgrading systems. The company is headquartered in Burnaby, British Columbia and currently employs 82 full-time employees. The company went IPO on 2018-10-29. The firm'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 firm 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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