tiprankstipranks
Greenway Cannabis Corp. Sees Sales Rise Amid Market Rebound
Company Announcements

Greenway Cannabis Corp. Sees Sales Rise Amid Market Rebound

Story Highlights

Greenway Greenhouse Cannabis Corp. (TSE:GWAY) has released an update.

Don't Miss our Black Friday Offers:

Greenway Greenhouse Cannabis Corp. reports a 33% increase in annual sales volume, despite a 7% decline in net revenue for the fiscal year ended March 31, 2024. The company has successfully launched consumer products in Ontario, completed a significant private placement, and is preparing for international expansion with its first overseas shipment in process. These strategic moves are aimed at diversifying revenue and capitalizing on the rebounding cannabis market, as evidenced by a 9% increase in fourth-quarter revenue.

For further insights into TSE:GWAY stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGreenway Surpasses 30K KG Cannabis Sales, AGM Reaffirms Leadership
TipRanks Canadian Auto-Generated NewsdeskGreenway Greenhouse Reports Record Quarter Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App