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Abingdon Capital Corporation

Greenway Posts 38% Revenue Growth, Record Grams Sold in Q1 F2027

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Greenway Posts 38% Revenue Growth, Record Grams Sold in Q1 F2027

Kingsville, ON – September 04, 2026 -- Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) reported net revenue of CA$2.23 million for the three months ended June 30, 2026, up 38% from CA$1.62 million a year earlier, while grams sold hit a record 2.33 million, an 8% increase over the prior high.

Cash cost per gram falls 30% to CA$0.69 as production efficiency improves

The company generated CA$36,778 in cash from operating activities, reversing a cash outflow of CA$865,538 in the same quarter last year. Adjusted EBITDA came in positive at CA$47,900, even as net loss and comprehensive loss totaled CA$659,893. Gross margin before fair value adjustments narrowed to 12%, reflecting a lower average net sales price of CA$0.96 per gram, or CA$1.30 per gram excluding inventory tied to discontinued cultivars.