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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

Post by Poffo99on Aug 16, 2021 6:33pm
238 Views
Post# 33714436

Fantastic earnings

Fantastic earningsLowell Lowell Farms Inc. reports Q2 revenue of $15.2 mil; a 53% increase from Q2 2020 and 37% increase over preceding quarter. We have a lot to be proud of, but I am particularly excited about the continued progress we are making at the cultivation level. We have spent a good portion of Q2 dialing in our automated environmental systems to continue to reach increased yields and potencies and right now we are collecting important data to provide the optimal conditions for each particular genetics. This is an exciting phase and we look forward to reporting back to you on our learnings and improvements as well as the positive impacts on our annual harvest run rate. Mark Ainsworth, CEO
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