KINGSVILLE – Greenway Greenhouse Cannabis Corporation, a cultivator of high quality greenhouse cannabis through lean, high-margin cultivation methods for the Canadian market, began trading on the Canadian Securities Exchange today.
The Company has 121,832,019 Common Shares issued and outstanding and began trading at market open on September 21, 2021, under the trading symbol “GWAY“. There are currently 101,565,167 Common Shares held by the directors and officers of the Company deposited in escrow pursuant to an escrow agreement dated September 3, 2021.
“Our facilities are currently right-sized, but we have the infrastructure to increase our capacity quickly if required and we believe that with our cost efficiencies and quality of product the Company has the fundamentals to expand within the cannabis industry. We are excited to give investors the opportunity to grow with us,” said Darren Peddle, CFO and Director.
“On behalf of the board, I would like to take this opportunity to thank our shareholders for their ongoing support. Carl Mastronardi and I will continue to lead this company through its next phase with the same integrity that has served us well with our other companies. We are focused on cost management, product quality, and return on investment,” per Jamie D’Alimonte, CEO and Co-Chair.
Greenway will remain majority owned by Sunrite Greenhouses Ltd., an established cultivator of greenhouse grown produce within the Del Fresco Group of companies.
Greenway Greenhouse Cannabis Corporation is a federally licensed cultivator for the Canadian cannabis marketplace. Greenway is headquartered in Kingsville, Ontario, and leverages its agriculture and cannabis expertise in its aspiration to be a leading cannabis cultivator in Canada.
We seek Safe Harbor.