Business
Greenway Announces Third Quarter Financial Statements
Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) ("Greenway" or the "Company"), a cultivator of high-quality greenhouse cannabis for the Canadian market, today filed its unaudited condensed interim financial statements for the three and nine months ended December 31, 2025.
About this update from Greenway Greenhouse Cannabis Corp.
[{"type":"text","content":"KINGSVILLE, ON, Feb. 25, 2026 /CNW/ - Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) ("Greenway" or the "Company"), a cultivator of high-quality greenhouse cannabis for the Canadian market, today filed its unaudited condensed interim financial statements for the three and nine months ended December 31, 2025.","length":355,"tagName":"p"},{"type":"image","alt":"Greenway Greenhouse Cannabis Corporation Logo (CNW Group/Greenway Greenhouse Cannabis Corporation)","displaySize":"","headline":null,"caption":"Greenway Greenhouse Cannabis Corporation Logo (CNW Group/Greenway Greenhouse Cannabis Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":133,"url":"https://media.zenfs.com/en/cnwgroup.com/9dc57c34c9550bc0566146d0022517ff"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Z4zPcWjba6_jBHfomsxVrA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIzNDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/9dc57c34c9550bc0566146d0022517ff","width":400,"height":133}},"href":"https://mma.prnewswire.com/media/2919809/Greenway_Greenhouse_Cannabis_Corporation_Greenway_Announces_Thir.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Highlights for the third quarter ended December 31, 2025. All amounts are expressed in Canadian dollars:","length":104,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net cannabis revenue was $2,348,797 (Q3 F2025: $1,676,721), an increase of $672,076 (40%), with an average net sales price per gram of $1.51 (Q3 F2025: $1.58). Net cannabis revenue for the nine months ended December 31, 2025 increased to $6,062,528 (2025 of $5,877,837).","length":270,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash cost per gram sold decreased to $0.92 (Q3 F2025: $1.03).","length":61,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit improved to $680,589 (Q3 F2025: $249,197) in the quarter. For the 2026 fiscal year, gross profit totals $2,321,996, representing more than a 350% increase compared to the prior year.","length":195,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin improved to 29% (Q3 F2025: 15%).","length":45,"tagName":"p"}]},{"val":[{"type":"text","content":"The Company generated positive operating income for the fourth consecutive quarter.","length":83,"tagName":"p"}]...