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Vertically integrated cannabis company Lowell Farms Inc. (CSE:LOWL) (OTCQX:LOWLF) said Tuesday it has generated $11 million in revenue during the first quarter of the 2021 fiscal year, representing an increase of 17% year-over-year. The Salinas, California-based company, formerly known as Indus Holdings Inc., recently bought Lowell Herb Co., a California-based organic cannabis brand, in a $39 million cash and stock deal and opted to change its name. “We are seeing promising results from the sales of the recently acquired Lowell Herb Co. branded products,” Lowell Farms CEO Mark Ainsworth disclosed. “While we saw improvements in revenue year-over-year, the results showcased in this quarter still reflect the headwinds we encountered in 2020,” he commented on the first-quarter results.

United statesBryan dunmireEl planteoMark ainsworthLowell herb coLowell farms incAscend wellness holdingsIndus holdings incLowell farmsLowell herbLowell farmLowell smokesஒன்றுபட்டது மாநிலங்களில்பிரையன் டன்மயர்குறி ஐன்ஸஒர்த்லோவெல் மூலிகை இணை