Greenway Greenhouse Cannabis Corporation has filed its final non-offering prospectus with the Ontario Securities Commission in order to qualify the Company as a reporting issuer in Ontario.
Greenway has also received conditional approval to list its common shares on the Canadian Securities Exchange (the “CSE”) subject to the satisfaction of certain customary conditions. Greenway will remain majority owned by Sunrite Greenhouses Ltd., an established cultivator of greenhouse grown produce within the Del Fresco Group of companies.
“On behalf of the board, I would like to thank our investors and our employees for their support as we achieve this momentous milestone. Gaining access to capital markets is a further step in our plan for sustainable growth into a significant market share of the Canadian cannabis supply chain,” said Darren Peddle, Director and CFO of Greenway.
Early Warning Disclosure
Sunrite Greenhouses Ltd. (“Sunrite“) has filed an early warning report today in accordance with National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of the Prospectus (the “Report“). Sunrite beneficially owns, both before and after filing of the Prospectus, 100,000,000 common shares of Greenway representing 82.22% of the issued and outstanding common shares of the Company. Sunrite was incorporated pursuant to the provisions of the Business Corporations Act (Ontario) and its head office is located at 1414 Seacliff Drive, Kingsville, Ontario. Sunrite is part of the Del Fresco Group of companies providing greenhouse grown produce in Ontario. A copy of the Report can be found under the Company’s profile at www.sedar.com or by contacting the individuals noted herein.
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. Updates can be followed on Instagram, Twitter, Facebook, and LinkedIn.