Net revenue for the quarter reached $2.23 million, a 38% increase compared to the same period last year. Management attributed the lower average net sales price of $0.96 per gram to the intentional clearance of legacy cultivars, which had been previously written down. When excluding these discontinued products, the average net sales price rose to $1.30 per gram.
Efficiency gains remained a focal point for the Kingsville-based cultivator. The company successfully reduced its cash cost per gram sold by 30% to $0.69, a move CEO Jamie D'Alimonte credited to refined genetics and tighter production alignment with high-value markets. These operational improvements helped Greenway achieve a positive Adjusted EBITDA of $47,900 and generated $36,778 in cash from operating activities, a significant turnaround from the $865,538 cash outflow recorded in the comparative quarter of 2026.
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