Canadian greenhouse hashish cultivator Greenway Greenhouse Hashish Company GWAY GWAYF stated on Thursday that it has signed an settlement with Inexperienced Hedge to behave as an out of doors gross sales pressure, offering protection to licensed hashish retailers and provincial wholesalers throughout Canada.
Why It Issues
Inexperienced Hedge operates in 9 provinces. With greater than 2,800 lively retail companions in Canada, the corporate has achieved retail penetration charges of over 93% with their prospects.
“Inexperienced Hedge is a good match for Greenway, giving us prompt entry to hundreds of shops throughout Canada in each main market in essentially the most cost-effective method,” Greenway CEO Jamie D’Alimonte stated. “As Greenway manufacturers launch into the patron market, having one of many largest distribution networks in Canada open to us will assist place us for fulfillment.”
Inexperienced Hedge is a hashish gross sales and distribution firm headquartered in Toronto, Ontario, led by Andrew von Teichman. Along with having twenty years of entrepreneurial expertise in distribution and shopper packaged items, von Teichman has established Inexperienced Hedge as one among Canada’s prime hashish distributors.
“We have now been watching Greenway’s success out there over the previous two years and have admired the standard and consistency of their product,” von Teichman stated. “To be part of their model rollout in 2024 could be very thrilling for our workforce and we consider that our collective expertise bringing new manufacturers to market will make for an distinctive launch.”
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GWAYF Worth Motion
Greenway Greenhouse’s shares traded 0.6498% increased at $0.1627 per share on the time of writing on Thursday morning.
