Greenway Cannabis Co. Doubles Q1 Net Revenue YoY, Highest Adjusted EBITDA Results To Date
Greenway Greenhouse Cannabis Corporation (CSE:GWAY) (OTCQB:GWAYF), a Canadian cannabis cultivator reported its interim financial statements on Wednesday for the first quarter ended June 30, 2024.
The Ontario-based company said it has achieved its highest net revenue and adjusted EBITDA results to date. The company also achieved positive net cash flow provided by operating activities, and the highest amount of cannabis sold in a quarter to date.
“This performance reflects our focus and commitment to producing quality cannabis, and finding the best partners and pathways to bring it to consumers,” said CEO Jamie D’Alimonte. “We achieved this while still keeping our cost of production …