California-based Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) this week reported a net loss of $3.6 million for the third quarter, down significantly year-over-year, but adding to its year-to-date losses, which now stand at $7.3 million. Revenue for the quarter hit $3.2 million, a year-over-year decrease of 48% from $6.2 million, with revenue for the first […]
News from: Tilt Holdings, Agrify, Massachusetts, Dan Bilzerian and more. The Daily Hit is a recap of the top financial news stories for Thursday, November 14, 2024. On the Site Tilt Holdings to review strategic alternatives for its plant-touching business Revenue fell in the quarter due to shipping delays for its Jupiter brand. Read more […]
News from: Curaleaf, Ascend Wellness, New York, Tilray and more. The Daily Hit is a recap of the top financial news stories for Thursday, October 10, 2024. On the Site Massachusetts regulators fine Ascend Wellness, Curaleaf for ignoring consumer safety practices A government staffer said Ascend’s process failures were “so egregious as to amount to […]
California-based Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF) is expanding into retail, announcing Wednesday it has reached agreements to manage two Los Angeles dispensaries with an option to buy them. According to a management services agreement, Lowell Farms’ wholly owned subsidiary, Mercati Dei Fiori, LLC, assumed operational management of the retail stores – Rose Collective […]
