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Cannabis Cultivation Exit To Revenue Crash: The Story Behind Lowell Farms' Q2 Loss
Wednesday, August 14, 2024 - 9:53am | 410Lowell Farms Inc. (OTC: LOWLF) reported its unaudited financial results for the second quarter of 2024, revealing significant challenges in revenue and profitability. CEO Mark Ainsworth said the company is focused on strategic alternatives to optimize assets, reduce overhead and...
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Executive Changes In Cannabis Industry You Should Know About, New Appointments & More
Wednesday, July 3, 2024 - 1:08pm | 965As the 19th Benzinga Cannabis Capital Conference, returns (Oct. 8-9) in Chicago, gathering top CEOs, investors, and leaders in the cannabis industry, let’s scroll through the latest leadership changes within the space. Get your tickets now before prices go up by following this link. Cannabis...
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Lowell Farms Reports 35% Revenue Drop In Q1: Following Cannabis Cultivation Exit, Net Loss Down 27.5%
Tuesday, May 14, 2024 - 11:32pm | 452California-based cannabis company Lowell Farms Inc. (OTC: LOWLF) released its financial and operational results on Tuesday afternoon for the first quarter of 2024, ending March 31. The company reported a 35% decrease in net revenue, which fell to $4.9 million from $7.5 million in the same...
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Lowell Farms Navigates Challenging Terrain With 35% Revenue Dip: A Look At 2023's Financial Outcomes
Thursday, March 28, 2024 - 11:26am | 756Lowell Farms Inc (OTCQB:LOWLF), a California-based cannabis company with advanced production capabilities, reported Thursday its audited financial and operational results for Q4 and the full year 2023. Q4 2023 Financial Highlights Revenue decreased 19% to $7.5 million, as compared to $9.3...
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Volume VS. Price: Lowell Farms Inc.'s Q2 2023 Earnings Show Volume Down 37%, Prices Up By 44%
Thursday, August 10, 2023 - 11:31pm | 508California-based cannabis company, Lowell Farms Inc. (OTC: LOWLF), reported Thursday evening its unaudited financial and operational results for the second quarter of 2023. During Q2 2023, the company's net revenue decreased by 47% to $7.0 million from $13.2 million in the same period...
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Lowell Farms Q2 Revenue Grows 6% Sequentially Despite The Booming Illicit Cannabis Market
Wednesday, August 10, 2022 - 9:21am | 570Lowell Farms Inc. (OTCQX: LOWLF) (CSE:LOWL) released results for the second quarter, ended June 30, 2022, revealing revenue of $13.2 million, an increase of 6% sequentially and down 13% from Q2 2021, reflecting a 51% reduction in bulk flower pricing year over year. Q2 Financial Highlights: Gross...
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Lowell Farms Announces Unaudited Q1 2022 Financial And Operational Results
Tuesday, May 10, 2022 - 6:31pm | 482Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF), a California cannabis company, announced its unaudited revenue and operating results late Tuesday for the first quarter and fiscal year ended March 31, 2022. First Quarter Financial Highlights Revenue generated for the three-month period...
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Lowell Farms: Q4 Revenue Increases 21% Sequentially To $15.1M
Tuesday, March 1, 2022 - 9:54pm | 425Lowell Farms Inc. (CSE: LOWL) OTCQX: LOWLF), a California innovator in cannabis cultivation and maker of the legendary Lowell Smokes, announced its unaudited revenue and operating results for the fourth quarter and fiscal year ended December 31, 2021. “We’re...
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Lowell Farms Stock Slightly Up On Announcing 37% QoQ Spike In Q2 2021 Revenue And Record Cannabis Cultivation Output
Tuesday, August 17, 2021 - 2:16pm | 486Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF) announced revenue and operating results for the second quarter ended June 30, revealing a 53% year-over-year and 37% quarter-over-quarter increase in revenue to $15.2 million. Shares traded down roughly 7.74% at $1.20 per share on Tuesday,...
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Earnings Update: Lowell Farms Shares Down On Heels Of Revenue Slip, Choom Shares Jump On Revenue Growth
Tuesday, March 2, 2021 - 2:06pm | 562Lowell Farms Posts Lower Revenue And Operating Results Lowell Farms Inc. (OTCQX: INDXF) — previously known as Indus Holdings — posted its annual and quarterly earnings results Tuesday. The Salinas, California-based cannabis company reported quarterly revenue of $9.2...