Greenway’s Strong Growth Amidst Industry Challenges
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Greenway’s Strong Growth Amidst Industry Challenges

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

Greenway Greenhouse Cannabis Corp. experienced significant financial growth in the third quarter, with a 33% increase in revenue over the previous year and the highest quarterly sales volume to date. Despite industry-wide price compression, the company achieved a record sale of 1,651,425 grams of cannabis and maintained production costs in line with their target. Additionally, the appointment of Kyle Appleby as CFO and the forthcoming launch of new brands in Ontario were highlighted as strategic moves.

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

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