Stock Information FAQ

Where does Greenbriar Sustainable Living Inc. trade?

Greenbriar’s home listing as a Canadian company is on the Toronto Stock Exchange Venture (TSXV) market. The stock symbol is GRB.

Stock Symbol Stock Exchange CUSIP ISIN Corp. Filings
GRB TSXV 393652102
CA3936521028
 Sedar+

On November 15th, 2023, Greenbriar Capital Corp. announced a name change to Greenbriar Sustainable Living Inc. to better reflect the company’s business. In connection with the name change, the new CUSIP 393652102 and ISIN CA3936521028 have been assigned to the common shares of the Company. The stock symbol remained the same: GRB.

Some of the US brokers that offer access to the TSXV are Interactive Brokers and Schwab. TD Ameritrade and ThinkorSwim also offer TSXV access but were acquired by Schwab. Similarly, E*Trade was acquired by Morgan Stanley. Consult the list of firms that are members of the TSX Venture Exchange or check directly with your broker to see if you have access to the TSX Venture.

Alternatively, Greenbriar also trades on the OTC. The stock symbol there is GEBRF.

The company has applied to up list to the NYSE American in 2022 and to the NASDAQ Global Market Select in 2020. When our stock meets the listing requirements, it’s our ambition to list on one or both of these exchanges.

The official corporate filings can be found here:

GRB: SEDAR+

GEBRF: EDGAR

While our story is simple to understand, it’s actually quite a challenging one to spot or stick with.

We’re not in the tech or healthcare sectors. Those secular bull markets are dominating mainstream media coverage, and for a good reason. Ours is just less favored right now.

Greenbriar’s market value is below 50 million dollars and therefore we’re quoted on less efficient markets without much analyst coverage. Efficiency on small cap markets also have decreased in the past few years due to the rise in popularity of passive investing in index funds and trackers.

The actual market value of our Sage Ranch land is significantly higher than its recorded value on our balance sheet. We bought the Sage Ranch land for 1.04 million USD more than a decade ago and invested 10 million in the project to date. However, IFRS accounting rules require us to record that asset at its cost basis of 11 million which is significantly lower than the actual market value of the land.

The Sage Ranch land located in Tehachapi that we fully own (138 acres in a residential and incorporated central area) is our biggest tangible asset.

As of August 16, 2021 , the Sage Ranch land is fully entitled for the development of 995 houses. We are now in the process of obtaining construction permits for the first development phase.

Video of Tehachapi City Council Meeting Approving Sage Ranch Project:

Sage Ranch FAQ

The Tehachapi Valley has a population of 38,000 residents. The incorporated city of Tehachapi accounts for 12,000 of them and Sage Ranch is a part of the incorporation.

The other 26,000 residents of the Tehachapi Valley live in Community Services Districts (CSDs) like Golden Hills, Cummings Valley, Bear Valley Springs, Stallion Springs, Mountain Meadows and Sand Canyon. These CSDs are unincorporated Kern County land which means they have no dedicated city services and have to rely on the county’s services instead of having their own.

The City of Tehachapi strongly supports the Sage Ranch project:

As of  April 15, 2024, the mortgage rate in California is 7.12% for a 30-year fixed mortgage.

Sage Ranch is located in an USDA approved overlay. This is not the case a few miles away from the project. Being in the USDA overlay is advantageous for our project and means Sage Ranch home buyers can apply for the U.S. Department of Agriculture (USDA) 502D Direct Loan program which offers significantly lower mortgage rates to eligible buyers.

As of March 8, 2024, the USDA loan limit for Kern County is USD 460,000. The usual amortization period is 38 years, with a zero-down payment. Interest rates are about 4% with potential subsidies able to lower that down to 2 to 2.5%.

Letter of Support from our top Home Buying Agent: