21:11:43 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Greenway Greenhouse Cannabis Corp
Symbol GWAY
Shares Issued 131,889,032
Close 2023-10-11 C$ 0.22
Market Cap C$ 29,015,587
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Greenway signs sales agency deal with Green Hedge

2023-10-12 12:58 ET - News Release

Mr. Jamie D'Alimonte reports

GREENWAY ANNOUNCES SALES AGENCY AGREEMENT WITH GREEN HEDGE

Greenway Greenhouse Cannabis Corp. has signed an agreement with Green Hedge to act as an outside sales force, providing coverage to licensed cannabis retailers and provincial wholesalers across Canada.

Green Hedge is a leading cannabis sales and distribution company headquartered in Toronto, Ont., led by Andrew von Teichman. Mr. von Teichman has over two decades of entrepreneurial experience in distribution and consumer packaged goods, and has established Green Hedge as one of Canada's top cannabis distributors. Operating in nine provinces with more than 2,800 active retail partners in Canada, the company has achieved retail penetration rates in excess of 93 per cent with its customers.

"Green Hedge is a great fit for Greenway, giving us instant access to thousands of stores across Canada in every major market in the most cost-effective manner," said Jamie D'Alimonte, chief executive officer. "As Greenway brands launch into the consumer market, having one of the largest distribution networks in Canada open to us will help position us for success."

Greenway recently announced that its first consumer brands have been accepted into the Ontario Cannabis Store's winter launch.

"We have been watching Greenway's success in market over the past two years, and have admired the quality and consistency of their product. To be a part of their brand rollout in 2024 is very exciting for our team and we believe that our collective experience bringing new brands to market will make for an exceptional launch," said Mr. von Teichman.

About Greenway Greenhouse Cannabis Corp.

Greenway Greenhouse Cannabis is a federally licensed cultivator for the Canadian cannabis marketplace. Greenway is headquartered in Kingsville, Ont., and leverages its agriculture and cannabis expertise in its aspiration to be a leading cannabis cultivator in Canada.

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