Greenway Greenho Stock Price, News & Analysis

Greenway Greenhouse Cannabis (OTCQB: GWAYF) reported its Q1 2025 financial results, showing significant margin improvements despite lower revenue. The company achieved a 54% increase in average net sales price per gram to $1.71 while reducing cash cost per gram to $0.70.

Key financial metrics include net cannabis revenue of $1.62M, improved gross margin of 50% (up from 14%), and a narrowed net loss of $166,453. The company maintains a strong cash position of $2.19M and finished goods inventory of 1.27M grams.

Greenway also announced expansion into the UK market through a supply agreement with 4C LABS, positioning itself for international growth while maintaining higher inventory levels to support longer sales cycles in global markets.

Greenway Greenhouse Cannabis Corporation (OTCQB: GWAYF) has secured a significant international supply agreement with 4C LABS, a prominent UK-based medical cannabis company. Through this partnership, Greenway will supply high-quality dried flower products to the UK market, leveraging 4C LABS' established distribution network and import licenses.

The agreement positions Greenway to tap into rapidly growing international markets, potentially offering better margins compared to the Canadian domestic market. Additionally, the Company announced the issuance of 337,507 common shares to Abingdon Capital Corporation at prices between $0.20 and $0.29 per share as compensation for corporate-finance advisory services.

Greenway Greenhouse Cannabis (OTCQB:GWAYF) reported strong financial results for fiscal year 2025, with annual net revenue reaching $8.95 million, up 71% year-over-year. The company demonstrated significant improvements in key metrics, including a 107% revenue increase in Q4 to $3.07 million.

Notable achievements include positive adjusted EBITDA of $1.18 million (compared to -$624,391 prior year), improved average sales price of $1.32 per gram (up 40%), and reduced cash cost to $0.83 per gram. The company's cash position strengthened by $1.61 million to $3.14 million, with operating activities generating $1.81 million in net cash compared to -$2.05 million last year.

Greenway Greenhouse Cannabis (GWAYF) has announced key operational updates and market improvements. The company has applied to Health Canada for new dedicated propagation space at its Leamington, Ontario facility, aiming to increase production efficiency and achieve six full crop rotations annually. The company reports strong market performance with revenue per gram increasing for 6 consecutive quarters from $0.84 to $1.58. Their MillRite brand maintains a strong market position, ranking #2 in the 2x0.5G pre-roll category. The company is expanding its product line with new pre-roll sizes and entering the blunt category. Additionally, Greenway has re-launched The Jeffrey pre-rolls in Ontario with three size options. Management notes positive trends in both domestic and international wholesale markets, with improved commercial terms and efficient inventory turnover.

Greenway Greenhouse Cannabis (GWAYF) has reported strong financial results for Q3 2025 ended December 31, 2024. The company achieved net revenue of $1.67M, marking a 21% increase from Q3 2024. For the nine-month period, revenue reached $5.87M, up 57% year-over-year.

Key highlights include a 30% increase in cannabis prices to $1.58 per gram, positive Adjusted EBITDA of $85,758, and improved cash flow with $748,267 provided by operating activities. The company's MillRite brand maintained its position as the #2 ranked pre-roll brand in its segment. Greenway also expanded its product lineup with several new SKUs including Lavender Haze, Pink Moon, and Blue Crush.

Greenway Greenhouse Cannabis (GWAYF) has announced the expansion of its Ontario product line with two new MillRite SKUs. The company is introducing a new 10x0.35g pre-roll SKU of Lavender Haze, building on the success of their 2x0.5g pre-rolls which ranked #2 in brand and SKUs since launch.

Additionally, Greenway is entering the milled flower market with a new 14g Blue Crush SKU under the MillRite brand, positioned as an 'all flower, no filler' premium quality option at milled-flower prices. The company has also issued 295,792 common shares at $0.30 per share to Abingdon Capital as payment for corporate-finance advisory services.

Greenway Greenhouse Cannabis (GWAYF) reported significant growth in 2024, achieving record revenue of $2.394m in Q1 FY2025 and its first positive cash flow from operations. The company expanded its grow space by 40% compared to 2023, resulting in a 48% increase in total grams sold and 52% revenue growth.

Key achievements include surpassing 20,000 and 30,000 KG cannabis sales milestones, launching MillRite and EPIC Cannabis Co brands in the Canadian recreational market, and obtaining CUMS-GAP and GACP certifications for international sales. MillRite has become the #2 selling brand of pre-rolls in its size segment. The company also acquired Choice Growers' CPG brands, which have generated millions in revenue since 2022.

On December 31, 2024, Greenway issued 150,000 common shares at $0.35 per share from Convertible Debentures issued in October 2023.

Greenway Greenhouse Cannabis (CSE: GWAY, OTCQB: GWAYF) has announced the acquisition of Choice Growers Cannabis Inc.'s consumer packaged goods brands through an asset purchase agreement dated December 17, 2024. The deal includes all CPG brands, SKUs, listings, trademarks, and associated intellectual property.

The purchase consideration consists of existing debt owed by Choice Growers to Greenway and a six-year royalty payment structure based on Net Revenue. The acquired portfolio includes popular cannabis brands such as Grapefruit God Bud, The Jeffrey, Watermelon Pebbles, Pink Lemonade, Duke Nukem, Tangerine Dream, and Blackberry Cheesecake.

This marks Greenway's first brand acquisition from another licensed cannabis producer, aimed at expanding their CPG presence in the Canadian cannabis market and reaching a broader national audience.

Greenway Greenhouse Cannabis reported Q2 2024 financial results with net revenue of $1,806,957, marking a 52% increase from Q2 2023. Six-month revenue grew 78% to $4,201,116. The company's MillRite brand maintained its #2 position in pre-rolls, with a 71% increase in units sold quarter-over-quarter. Cannabis wholesale prices improved to $1.22 per gram from $0.84. Despite positive revenue growth, the company reported negative Adjusted EBITDA of $253,010. Total volume sold increased 21% to 1,484 kilograms, with an average cash cost per gram of $1.00.