Greenway Ships First MillRite Products into Ontario

Rhea-AI Summary

Greenway Greenhouse Cannabis Corporation (GWAYF) ships its first consumer packaged good to the OCS, marking a significant milestone for the company.

KINGSVILLE, ON, March 12, 2024 /PRNewswire/ - Greenway Greenhouse Cannabis Corporation (CSE:GWAY) (OTCQB:GWAYF) ("Greenway" or the "Company"), a cultivator of high-quality greenhouse cannabis for the Canadian market, today announced that it has shipped its first consumer packaged good to the OCS. It is available now for purchase in stores across Ontario, and will be available online through ocs.ca.

The shipment includes the highly anticipated MillRite branded Lavender Haze pre-rolls, marking a significant milestone for the company as it ventures into direct consumer products for the first time.

CEO and Co-founder of Greenway, Jamie D'Alimonte ,expressed his enthusiasm about this achievement, stating, "Shipping our first order of Branded Product to the Ontario Cannabis Store is the culmination of months of meticulous planning and hard work. We are thrilled to see our vision come to fruition and are excited to offer consumers in Ontario access to our premium products. This milestone marks just the beginning of our journey, and we look forward to introducing more of our brands to consumers in the coming weeks."

"As a wholesaler, we have been able to see many consumers across Ontario use consume our cannabis over the last few years," said Carl Mastronardi. "MillRite as a brand is meant for the hard-working people across Canada, who are budget conscious and always looking for good quality. The Lavender Haze pre-rolls are launching in a 2x.5g format, an area we believe we can provide not only a superior product at an affordable price, but in a format we believe is underrepresented."

With a focus on quality and consumer satisfaction, the Greenway aims to establish itself as a trusted and preferred choice among cannabis enthusiasts.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in the United States nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), or any state securities laws and may not be offered or sold in the United States unless registered under the 1933 Act and any applicable securities laws of any state of the United States or an applicable exemption from the registration requirements is available.

About Greenway

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. More information can be found on Greenway.ca and updates can be followed on Instagram, Twitter, Facebook, and LinkedIn.

The CSE has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

Cautionary Note Regarding Forward-Looking Statements

This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding the Offering and the intended use of proceeds thereof, and the Company's beliefs, plans, expectations, future, strategy, objectives, goals and targets, the development of future operations, and orientations regarding the future as of the date of this news release. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved.

Forward-looking statements involve known and unknown risks, assumptions, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements, and includes those risks described in the Company's final prospectus dated September 3, 2021, a copy of which is available under the Company's profile at www.sedarplus.ca. Forward-looking statements are made as of the date of  this news release and, unless required by applicable law, the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements

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SOURCE Greenway Greenhouse Cannabis Corporation

FAQ

What is the ticker symbol for Greenway Greenhouse Cannabis Corporation?

The ticker symbol for Greenway Greenhouse Cannabis Corporation is GWAYF.

What product did Greenway ship to the OCS?

Greenway shipped its highly anticipated MillRite branded Lavender Haze pre-rolls to the OCS.

Where can consumers purchase Greenway's product?

Consumers can purchase Greenway's product in stores across Ontario and online through ocs.ca.

Who is the CEO and Co-founder of Greenway?

Jamie D'Alimonte is the CEO and Co-founder of Greenway.