Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Lowell Farms Inc. (C:LOWL)

Business Focus: N/A

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEDAR
Company Contact
Address: 19 Quail Run Cir Unit B
SALINAS CA 93907-2372
Tel: N/A
Website: N/A
IR: N/A
Key People
George M. Allen
Chairman of the Board
Mark Ainsworth
Chief Executive Officer, Director
Brian Shure
Chief Financial Officer, Director
Jenny Montenegro
Chief Operating Officer
Kelly McMillan
Chief Compliance Officer
 
Business Overview
Lowell Farms Inc, formerly Indus Holdings, Inc., is a Canada-based vertically integrated cannabis company. The Company is focused on producing, cultivating, extracting, brand sales and marketing and distribution of cannabis product. The Company is supporting a range of portfolio brands, including House Weed, The Original Pot Co., MOON and Acme, Beboe. Indus Distribution, which distributor of cannabis products, servicing portfolio of brands and licensed retailers throughout California.
Financial Overview
For the six months ended 30 June 2021, Lowell FarmsInc revenues increased 35% to $26.2M. Net loss decreased64% to $6M. Revenues reflect an increase in demand for theCompany's products and services due to favorable marketconditions. Lower net loss reflects Other income (expense)increase from $25K to $1.6M (income), Share-basedcompensation decrease of 66% to $625K (expense).
Employees: 317 as of Jun 30, 2020
Reporting Currency: U.S. Dollars
Enterprise value: $129.56M as of Jun 30, 2021
Annual revenue (TTM): $61.17M as of Jun 30, 2021
EBITDA (TTM): $0.40M as of Jun 30, 2021
Net annual income (TTM): -$7.43M as of Jun 30, 2021
Free cash flow (TTM): -$17.82M as of Jun 30, 2021
Net Debt Last Fiscal Year: $64.02M as of Jun 30, 2021
Shares outstanding: 78,805,938 as of Sep 8, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization