Record Sales And Revenue
Greenway Greenhouse Reports 38 Percent Revenue Increase in First Quarter 2027
Anonymous
Greenway Greenhouse Cannabis Corporation (CSE: GWAY) posted strong first-quarter fiscal 2027 results, with net revenue climbing to $2.23 million — a 38% jump from the same period last year Market Screener. The company also hit a sales record, moving 2.33 million grams while generating positive Adjusted EBITDA and $36,778 in cash from operations.
Revenue Surge Driven by Higher Sales Volume
Greenway's 38% revenue increase reflects stronger demand across its markets Yahoo Finance. The company sold 2.33 million grams during Q1 F2027, marking its highest quarterly volume to date Yahoo Finance. This expanded sales volume pushed net revenue from $1.62 million in Q1 2025 to $2.23 million in the latest quarter.
Average net sales per gram hit $0.96 for the quarter Newswire. When excluding inventory tied to discontinued cultivars that had been written down, the average rose to $1.30 per gram, showing stronger pricing power on core products Newswire.
Profitability and Cash Generation Milestones
Beyond top-line growth, Greenway achieved profitability on an Adjusted EBITDA basis during the quarter PRNewswire. The company also generated $36,778 in cash from operating activities, a sign of improving operational efficiency and working capital management PRNewswire. These metrics suggest the company is moving toward sustainable, cash-generative operations.
Expanding Footprint Across Canada and International Markets
Greenway products are now available in all Canadian provinces and territories, plus four international markets Market Screener. The company's greenhouse-based cultivation model positions it to serve both the medical cannabis segment and regulated adult-use channels. This geographic diversification helps reduce dependence on any single jurisdiction.
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