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Off-market insider buying at Lowell Farms (C:LOWL)

Updated Tuesday Sep 07, 2021 03:23 AM EDT

Brian Kerry Shure, CFO and Director, acquired 1,700,000 Subordinate Voting Shares on a control or direction basis for registered holder Ambrose Capital Holdings,  400,000 Subordinate Voting Shares on a control or direction basis for registered holder AMTG Holdings LLP, 300,000 Subordinate Voting Shares on a control or direction basis for registered holder Brian K. Shure Charitable Lead Annuity Trust, and 100,000 Subordinate Voting Shares on a control or direction basis for registered holder HSK Holdings at a price of US US$0.80 through a prospectus or prospectus exempt offering on August 30th, 2021. The insider also acquired Warrants with an exercise price of $1.400. 

In addition, George Allen, a Director, acquired 200,000 Subordinate Voting Shares plus Warrants on a control or direction basis for registered holder Geronimo Capital. This represents a $201,648 investment into the company's shares and an account share holdings change of greater than 100%. William Anton, a Director, acquired 200,000 Subordinate Voting Shares plus Warrants. This represents a $201,648 investment into the company's shares and an account share holdings change of greater than 100%.

Lowell Farms is in the Healthcare Facilities & Services Sub Industry Group under the Healthcare Sector.

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.

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Go to Lowell Farms Inc. (LOWL)'s company page

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