Adam JacksonAugust 11, 2023
Net loss was cut to $100,000 as the company goes lean.
Tag: Lowell Farms
Adam JacksonAugust 11, 2023
John SchroyerMay 11, 2023California-based Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF) continued to hemorrhage millions in the first quarter of 2023, posting a $4 million loss that was accompanied by a 39% year-over-year drop in revenue. Revenue for the quarter plunged to $7.5 million from $12.4 million the same period a year prior, and follows a nearly $25 […]
John SchroyerMarch 30, 2023
CEO said he is 'laser-focused' on efficiencies for 2023.
StaffMarch 16, 2023
The Daily Hit is a recap of the top financial news stories for March 16, 2023. On the Site New York Cannabis Coalition Sues State Over Recreational Market Rollout A group of businesses, hopeful cannabis entrepreneurs, and at least one medical marijuana-supporting physician has filed suit against the state of New York and its cannabis […]
Debra BorchardtMarch 16, 2023StaffJanuary 12, 2023The Daily Hit is a recap of the top financial news stories for January 12, 2023. On The Site Organigram Earnings Beat Share prices for Organigram Holdings Inc. (Nasdaq: OGI) (TSX: OGI) were up nearly 8% in early Thursday trading after results illustrated the company’s financial discipline, as it trimmed losses and posted revenues that beat […]
Debra BorchardtNovember 10, 2022Adam JacksonAugust 10, 2022
Lowell Farms Inc. (CSE: LOWL; OTCQX: LOWLF) second-quarter results missed expectations — showing how producers have been eating their own margins by lowering prices, as many have pivoted toward crisis mode amid a lack of regulatory action and a tightening economic landscape. The company released its financial results for the second quarter ending June 30, […]
Debra BorchardtJune 24, 2022
Cannabis deal tracker Viridian Capital Advisors is looking at the second half of the year to see what’s in store for the industry. Director of Equity Research Jonathan DeCourcey wrote, “The outlook is bearish for investor returns in the near term as the key catalyst on everyone’s mind, federal legislation, is unlikely to come, and […]
StaffMay 25, 2022
The Daily Hit is a recap of the top cannabis business stories for May 25, 2022. ON THE SITE Live Blog from WEF 2022 in Davos Switzerland Green Market Report editor-in-chief Debra Borchardt blogs live from the Medical Psychedelics Series, at the World Economic Forum being held in Davos Switzerland. Read more here. Ayr Wellness […]
Get the latest cannabis news delivered right to your inbox
Unpack the industry with the daily cannabis newsletter for business leaders.