Greenway Cannabis Corp. Sees Sales Rise Amid Market Rebound

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

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.

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