Greenway Greenhouse Cannabis Sees 52% YoY Growth In Q2 Revenue Amid Rising Losses And Cost Challenges
Greenway Greenhouse Cannabis Corporation (CSE:GWAY) (OTCQB:GWAYF) reported on Wednesday its second-quarter interim financial statements for the three months ended Sept. 30, 2024.
The Canadian cultivator of high-quality greenhouse cannabis reported a 52% year-over-year increase in revenue to CA$1.8 million ($1.3 million). Moreover, for the first half of the fiscal year, Greenway’s net revenue increased by 78% compared to the same period in 2023.
CEO Jamie D’Alimonte highlighted the company’s revenue growth, product performance and ongoing commitment to quality cannabis production in a press release issued Wednesday.
“We have also seen our MillRite brand …