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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 SameerSon Dec 02, 2019 12:25pm
122 Views
Post# 30413588

RE:RE:quarterly financials

RE:RE:quarterly financials

I like your confidence. I expected stock to drop like it did today. 

Its not like I don't think they want to make money, it's about whether they can. If they are burning Through cash this quickly then how can they pay for upgrades of 7 to 8
million minimum.  I hope they can get a loan of 10 million against their assets, but tough 
in the space right now.  Selling shares would be horrible at these prices. 

anyway no point selling at such a big loss, I'll see how next quarter looks. I do think there are way too many people on management and they can consolidate some of those 
positions.   Didn't have a chance to listen to conference call
bur waiting on notes to read.  Hopefully they keep shareholders informed now 
month to month. 

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