The Week In Cannabis: $2B+ In M&A And Financings, Hexo, Terrascend, Gage, The DEA, NY, Panama And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 30, 2021.
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Lowell Farms Shares Down On $18M Equity Private Placement Led By Beehouse Partners
Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF), cannabis company and owner of the popular brand Lowell Smokes announced Tuesday that it has completed a US$18 million non-brokered private placement of common equity.
The Week In Cannabis: PharmaCann Could IPO, Tilray & MedMen, First Black CEO At Major Public Co. And More
Below is a recap of the main news related to the cannabis industry and markets for the week of August 20, 2021.
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Lowell Farms Stock Slightly Up On Announcing 37% QoQ Spike In Q2 2021 Revenue And Record Cannabis Cultivation Output
Lowell 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
Lowell Farms’ New Cannabis Processing Facility Has Plans To Process 250 Tons Of Flower Annually
Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF) announced Tuesday that it has purchased property and related assets and is commissioning a first-of-its-kind cannabis processing facility in Salinas Valley, California.