Lowell Farms (CSE: LOWL) (OTCQX: LOWLF) Investor Dashboard
Formerly Known as Indus Holdings, Inc.

Lowell Farms
CSE Ticker: LOWL
Market Focus: United States
Classification: Vertically Integrated
Country: United States
Employees: 203 (March 2022)
Established: 2014
CEO: Mark Ainsworth


Fiscal Year-End: Dec, 31
Auditor: GreenGrowth CPAs
Exchanges: CSE, OTCQX
Sector:  Consumer Staples
Headquarters: Salinas, CA

Financials 03/31/22

Cash on hand: $5.9 million
Fixed Investment: $63.8 million
Shareholders’ Equity: $66.4 million
Revenues – Last Quarter: $12.4 million
Adj. Gross Margin: 12.7%
EPS : -$0.04

Capital Structure 05/09/22

Last Financing: 18 million units at US$1.00
Shares: 112.2 million
Warrants: 102.7 million
Options: 9.0 million
Diluted Shares: 301.8 million

Company Brief

Lowell Farms Inc., Formerly Known as Indus Holdings, Inc., (Follow Company) is a vertically-integrated cannabis operator that today has a focus on California, which the company understands very well. The company has acquired Lowell Herb Co., further establishing its position as a leading California producer.

Lowell is one of the few cannabis operators in CA that spans across cultivation, manufacturing as well as distribution, which allows the company to offer competitive pricing to dispensaries, which in turn boosts market share.

Lowell is delivering brands that offer exceptional value that simply makes sense for consumers. The company’s four primary business segments are: CPG sales, out-of-state licensing, farm services and bulk flower sales.

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Founded in 2014 and based in Salinas, California, Lowell has with advanced production capabilities, including cultivation, extraction, manufacturing, brand sales & marketing and distribution. The company’s award-winning brands include Cypress Cannabis, House Weed, The Original Pot Co., MOON, Humble Flower, and Kaizen Medicinals.


  • California-based operator four primary segments: CPG sales, out-of-state licensing, farm services and bulk flower sales
  • 225,000-square-foot cultivation facility in Monterey County; targeted levels of 10,000+ pounds of flower every quarter
  • Manufacturing capabilities across all form factors: jarred flower, pre-rolls, edibles, vape products and concentrates
  • 18,000-square-foot distribution facility, 22 delivery vans and distribution network that touches 600+ dispensaries

Growth Strategy

  • Lowell focuses on “exceptional value at a great price” to win market share and drive growth
  • Broader distribution and sales coverage with the Lowell Herb acquisition
  • Acquisition of the premium Lowell brand opens up prospects for nationwide licensing/expansion
  • Plans to drive growth through increased cultivation capacity and an expansion of brand and distribution footprint
  • In the planning phase for a 300,000-square-foot greenhouse
  • Expanding Lowell Smokes brand to Illinois, Massachusetts and Michigan via a licensing agreement with Ascend Wellness Holdings; bringing Lowell Smokes to Colorado and New Mexico via a partnership with Schwazze
  • Lowell Farm Services offers processing services for growers in the California market; housed in 10-acre processing facility in Salinas


  • Ability to produce over 300 SKUs such as concentrates, beverages, oils, topicals, edibles, chocolates, mints, sublinguals, candies, etc
  • Hub and spoke distribution covering 85% of the state’s dispensaries within 24 hours
  • Manufactures its own six brands as well as on behalf of others
  • Automated, on-demand supply chain logistics platform
  • Lowell’s cultivation facility and Lowell Farm Services give the company longer-term insulation against commodity price volatility

Institutional Analyst Coverage

Bobby Burleson
Canaccord Genuity

Doug Cooper
Beacon Securities

Curated Stories & News

Visit Lowell Farms Inc., Formerly Known as Indus Holdings, Inc.,
at www.indusholdingco.com.

New Cannabis Ventures in partnership with due diligence platform 420Investor, is the definitive source for fact-based, data-driven, financial information and relevant company news for qualified publicly traded cannabis companies. NCV extracts and parses only the most important content. Information is provided “as is” and solely for informational purposes, not for trading or advice. Lowell Farms Inc., Formerly Known as Indus Holdings, Inc., is a client of NCV Media, LLC. Read our full disclaimer.