Greenway Greenhouse Cannabis Corporation (CSE: GWAY) Reports Q3 Financial Results
KINGSVILLE, ON, Feb. 25, 2026 - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF), a leading cultivator of premium greenhouse cannabis in Canada, has announced its unaudited condensed interim financial statements for the three and nine months ended December 31, 2025.
Financial Highlights
Jamie D'Alimonte, CEO of Greenway, shared, "We are pleased to report our Q3 results, showcasing a remarkable 40% year-over-year revenue growth, enhanced margins, and our fifth consecutive quarter of positive adjusted EBITDA. As of the quarter's end, our cash position, along with the value of our finished goods inventory, totals over $4.5 million, ensuring a robust working capital position to meet the anticipated demand for our high-quality products. These results reflect a business gaining scale, improving unit economics, and strengthening strategic customer relationships."
He continued, "Our objective is clear: to build a resilient, high-quality cannabis platform capable of generating consistent returns through industry cycles."
Carl Mastronardi, President of Greenway, noted, "Our production team reduced cash costs per gram by over 10%, bringing it down to $0.92 from $1.03 a year ago. This demonstrates that disciplined execution in our market drives sustainable results. Our ongoing focus is on efficiently scaling production, optimizing yields, and enhancing our product mix to maintain momentum across the platform."
Share Issuance Announcement
In related news, the Company announced it has issued 402,549 common shares to Abingdon Capital Corporation, an arm's length consultant, as part of a monthly work fee under an engagement letter dated June 4, 2024. These shares were issued at deemed prices between $0.15 and $0.25 each and are subject to a four-month hold period in compliance with CSE policies and Canadian securities laws.
For more detailed financial data, the interim financial statements for the quarter ended December 31, 2025, prepared in accordance with IFRS Accounting Standards, as well as the Management's Discussion and Analysis, are available on the Company’s profile at www.sedarplus.ca.
Management employs a non-IFRS measure to assess performance, which may not be comparable to similar measures presented by other companies. For a reconciliation of these measures, please refer to the Management's Discussion and Analysis.
The Company emphasizes that this press release does not constitute an offer to sell or solicit offers to buy securities in the United States, emphasizing compliance with the United States Securities Act of 1933.
Greenway Greenhouse Cannabis Corporation, headquartered in Kingsville, Ontario, holds a federal license to cultivate cannabis for the Canadian marketplace. More information is available at Greenway.ca, with updates also accessible on social platforms like Instagram, Twitter, Facebook, and LinkedIn.
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