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Another Profitable Canadian Cannabis Producer: Greenway Greenhouse Posts First Results Since Market Debut

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Submitted by Cannabis News on Mon, 11/29/2021 - 14:09
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Greenway Greenhouse released its first-quarter financial statements since hitting markets in September.

Revenue came in at C$1.15 million ($906,547), with gross profit before fair value adjustments at C$532,263.  

“Attaining positive Adjusted EBITDA at this stage is a testament to the cultivation expertise of our team. We believe that we have the available infrastructure and team in place to scale up aggressively in a responsible and sustainable manner and the ability to meet our business plan of becoming one of the largest and trusted suppliers for high quality cannabis. This is just the beginning for Greenway,” states Darren Peddle, CFO. (Read entire article at Benzinga)

 

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 

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Benzinga
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Marijuana Business News
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Canada

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