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Lowell Farms Inc C.LOWL

Alternate Symbol(s):  LOWLF

Lowell Farms Inc. is a cannabis company with vertically integrated operations, including cultivation, extraction, processing, manufacturing, branding, packaging and wholesale distribution to retail dispensaries. The Company manufactures and distributes proprietary and select third-party brands throughout the State of California. It also provides manufacturing, extraction and distribution services to select third-party cannabis and cannabis branding companies and sells proprietary bulk flowers and brokers third-party bulk flowers to licensed distribution and manufacturing companies in California. Its brands include Lowell Smokes, Lowell Herb Co, House Weed, Kaizen, Moon, Original Pot Company, Flavor Extracts, Humble Flower and Cypress Cannabis. The Company operates approximately 40,000-square-foot of processing facility, a 15,000-square-foot manufacturing and laboratory facility in Salinas, California, and laboratory facility in Salinas, California, and others.


CSE:LOWL - Post by User

Comment by dangla14on Nov 30, 2019 8:28pm
117 Views
Post# 30409814

RE:quarterly financials

RE:quarterly financialsI am pretty shocked by the financials. They only had 2.3 million USD in cash at Sept.30th and suposedly 14 million USD in inventories. Out of the 10 million in restricted cash, they were able to pull out 4 million USD for there day-to-day expenses they say in the MD&A. The conference call will be an interesting one, unfortunately I am in Australia and do not want to get up early to listen to it lol. Will they be able to raise cash very quickly ? I guess we will find out
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