Greenway Greenhouse Cannabis Corporation
GWAY.CN
Canadian Securities Exchange0.15
CAD
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Greenway Greenhouse Cannabis Corporation
GWAY.CN
(Canadian Securities Exchange)
Recent
price
0.15
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.- Similar Companies
- Business
- Greenway Greenhouse Cannabis Corporation (CSE: GWAY) cultivates, processes, packages, and wholesales high-quality greenhouse-grown dry bud cannabis for the Canadian recreational and medical markets. The company offers core products including Sun County Kush, Blackberry Gelato #8, Timbitz, and Lemon Pound Cake, as well as recently acquired consumer packaged goods brands such as Grapefruit God Bud (also known as Grape God), The Jeffrey, Watermelon Pebbles, Pink Lemonade, Duke Nukem, Tangerine Dream, and Blackberry Cheesecake; it supplies bulk packaged cannabis to provincially authorized retailers, distributors, and federally licensed producers. Greenway operates through three divisions—Greenway Nursery for propagation and genetics maintenance, Greenway Cultivation for flowering and processing, and Greenway Farmgate Retail Store—with facilities in Kingsville and Leamington, Ontario. Founded in 2018 and headquartered at 1478 Seacliff Drive in Kingsville, Ontario, Canada, the company serves primarily the Canadian cannabis industry, leveraging over 200 years of combined team expertise in large-scale greenhouse production from its parent company, Sunrite Greenhouses Ltd. Greenway maintains a federally licensed indoor nursery for mother plants, clones, and vegetative propagation, alongside separate greenhouses optimized for high-yield, low-cost cultivation of resinous flowers with rich cannabinoid profiles. In December 2024, Greenway entered an asset purchase agreement with Choice Growers Cannabis Inc. to acquire its CPG brands, SKUs, listings, trademarks, and intellectual property in exchange for settling outstanding indebtedness and a six-year royalty on net revenue, marking its first brand acquisition from another licensed producer to expand provincial presence and SKU offerings. The company pursues operational enhancements, including applications for expanded propagation and vegetation spaces at its Leamington facility to support up to six annual crop rotations. In July 2024, Greenway announced an international supply agreement with 4C LABS to broaden its market reach beyond Canada.