Greenway Reports Year-End Financial Results for March 31, 2025

Greenway Greenhouse Cannabis Corporation has filed its audited annual financial statements for the fiscal year ending March 31, 2025. The disclosure, made on July 23, 2025, outlines the company’s financial performance and provides insights into its operations as a cultivator of high-quality greenhouse cannabis for the Canadian market.

The report reveals key financial metrics that demonstrate the company’s growth trajectory. In the fiscal year, Greenway achieved revenue of $5.2 million CAD, a significant increase compared to $3.8 million CAD in the previous year. This growth can be attributed to expanded production capacity and an increase in market demand for cannabis products across Canada.

Financial Highlights and Operational Achievements

Greenway’s gross profit margin improved to 45% , up from 38% in the prior year, reflecting enhanced operational efficiency and cost management. The company reported a net income of $1.1 million CAD, compared to a net loss of $500,000 CAD in the previous fiscal year. This turnaround illustrates Greenway’s commitment to optimizing its operations and responding effectively to market conditions.

In addition to financial performance, Greenway has made notable strides in its cultivation practices. The company has implemented advanced agricultural techniques, enabling it to produce cannabis that meets the highest quality standards. This commitment to quality has strengthened Greenway’s position in a highly competitive market.

Future Outlook and Strategic Initiatives

Looking ahead, Greenway plans to expand its footprint in the Canadian cannabis market. The company is exploring opportunities for new product lines, particularly in the edibles and wellness segments, which are witnessing increased consumer interest. Furthermore, Greenway aims to enhance its distribution channels to reach a broader audience.

The management team remains optimistic about the future, emphasizing their strategy to leverage existing infrastructure while investing in sustainable practices. As the regulatory landscape evolves, Greenway is poised to adapt and seize emerging opportunities.

In conclusion, the filing of the audited financial statements underscores Greenway’s resilience and strategic focus on growth. With a solid financial foundation and a commitment to quality, the company is positioned for continued success in the dynamic cannabis market.