{"id":58269,"date":"2024-08-14T00:03:56","date_gmt":"2024-08-14T00:03:56","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2024\/08\/14\/lowell-farms-inc-announces-unaudited-second-quarter-2024-financial-and-operational-results\/"},"modified":"2024-08-14T00:03:56","modified_gmt":"2024-08-14T00:03:56","slug":"lowell-farms-inc-announces-unaudited-second-quarter-2024-financial-and-operational-results","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/lowell-farms-inc-announces-unaudited-second-quarter-2024-financial-and-operational-results\/","title":{"rendered":"Lowell Farms Inc. Announces Unaudited Second Quarter 2024 Financial and Operational Results"},"content":{"rendered":"<div>\n<p align=\"start\">SALINAS, Calif., Aug.  13, 2024  (GLOBE NEWSWIRE) &#8212; <strong>Lowell Farms Inc.<\/strong> (the \u201cCompany\u201d) (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces unaudited revenue and operating results for the second quarter of 2024 (ended June 30, 2024). All figures stated are in US Dollars.<\/p>\n<p align=\"justify\"><strong>Second Quarter Financial Highlights:<\/strong><\/p>\n<ul type=\"disc\">\n<li><strong>Net revenue<\/strong> generated for the quarter ended June 30, 2024 decreased 50% to $3.5 million, as compared to $7.0 million for the second quarter last year. Net revenue decreased 27% from $4.9 million in the first quarter of 2024.\n<ul type=\"circle\">\n<li><strong>CPG<\/strong> <strong>revenue<\/strong> decreased 11% for the quarter ended June 30, 2024 compared to the quarter ended June 30, 2023 and decreased 15% compared to the first quarter of 2024.<\/li>\n<li><strong>Bulk Product<\/strong> <strong>revenue<\/strong> from self-grown wholesale products was $0.5 million for the quarter ended June 30, 2024 compared to $4.8 million for the quarter ended June 30, 2023 and $0.7 million from the first quarter of 2024, reflecting our exit from the cultivation facility in January 2024.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Gross margin<\/strong> for the quarter ended June 30, 2024 was negative 15.7% representing a gross loss of $0.6 million compared to a gross margin of negative 17.0% representing a gross loss of $0.8 million for the quarter ended March 31, 2024 reflecting a modest improvement from the adverse impact from exiting the cultivation facility.<\/li>\n<li><strong>Operating loss<\/strong> for the quarter ended June 30, 2024 was $2.2 million, compared to operating loss of $2.7 million for the quarter ended June 30, 2023 and $2.9 compared to the first quarter of 2024.<\/li>\n<li><strong>Net loss<\/strong> was $0.8 million for the quarter ended June 30, 2024, compared to a net loss of $0.1 million for the quarter ended June 30, 2023, and a net loss of $2.9 million for the first quarter of 2024. In the current quarter other income of $2.3 million was recognized related to the reversal of a rent accrual associated with the cultivation facility as a result of a judicial ruling and in the prior year quarter, other income of $3.0 million was recognized on the sale and leaseback of the processing facility.<\/li>\n<li><strong>Adjusted EBITDA<\/strong> for the quarter ended June 30, 2024 was negative $1.9 million compared to adjusted EBITDA of negative $1.3 million for the quarter ended June 30, 2023 and adjusted EBITDA of negative $1.1 million for the first quarter of 2024. Adjusted EBITDA is a non-GAAP financial measure. See \u201cUse of Non-GAAP Financial Information&#8221; below for further information and a detailed reconciliation to Net Loss, the closest comparable GAAP measure.<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td colspan=\"16\" style=\"text-align: center ;  vertical-align: middle; border-top: solid black 1pt ; border-right: solid black 1pt ; border-bottom: solid black 1pt ; border-left: solid black 1pt ; \">Revenue Summary ($\u2019s in \u2018000)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: center ;  vertical-align: middle; \">Q2\u201924 vs Q1\u201924<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>Q2\u201923<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>Q1\u201924<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>Q2\u201924<\/strong><\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>Growth<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:41%; width:41%; min-width:41%;;text-align: center ;  vertical-align: middle; \">CPG Revenues<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:12%; width:12%; min-width:12%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$4,438<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:12%; width:12%; min-width:12%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$4,125<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:12%; width:12%; min-width:12%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$3,489<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:12%; width:12%; min-width:12%;;padding-right: 0 ; text-align: center ;  vertical-align: middle; \">-15%<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">Bulk Product<\/td>\n<td style=\"padding-left: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$2,263<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$681<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$49<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">-93%<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">LFS<\/td>\n<td style=\"padding-left: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$94<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$68<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$-<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">-100%<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">Out-of-State Licensing<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$237<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$-<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">0%<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">Total<\/td>\n<td style=\"padding-left: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$7,032<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$4,874<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">$3,538<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">-27%<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">&#8220;To start, I want to express our deep gratitude to our Board of Directors. Their unwavering support, commitment, and the significant time they have dedicated have been invaluable as our management team explores strategic alternatives to drive our business forward.\u201d said Co-Founder and Chief Executive Officer Mark Ainsworth. \u201cBy expanding our services, we aim to better leverage our existing assets, reduce operational overhead, and strengthen our financial position. These efforts are designed to propel our business in a positive direction and deliver long-term value to our shareholders.&#8221;<\/p>\n<p align=\"justify\"><strong>Operational Highlights and Ongoing Initiatives: <\/strong><\/p>\n<ul type=\"disc\">\n<li><strong>Lowell Farm Services<\/strong>\n<ul type=\"circle\">\n<li>Lowell Farms processing facility in Salinas Valley.\n<ul type=\"square\">\n<li>In the second quarter of 2024 there were revenues generated by Lowell Farm Services compared to $0.1 million in the first quarter of 2024.<\/li>\n<li>Lowell Farm Services processed approximately 1,855 pounds of wet weight third-party flower in the second quarter of 2024 compared to 6,173 pounds in the first quarter of 2024.<\/li>\n<li>This decrease quarter over quarter was largely due to the company&#8217;s exit of the cultivation in January of 2024.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>California Market Trends<\/strong>\n<ul type=\"circle\">\n<li>Owned and Portfolio Brands\n<ul type=\"square\">\n<li>Sales of owned brands generated revenue of $2.6 million in the second quarter of 2024, compared to approximately $3.1 million for the first quarter of 2024.\n<ul type=\"disc\">\n<li>Contributing factors include significant decrease in California market purchasing trends and instability in flower purchase price.<\/li>\n<li>Lowell Herb Co.\n<ul type=\"circle\">\n<li>The Lowell Herb Co. branded 35&#8217;s product line generated $682k in the second quarter 2024, compared to $919k in the first quarter 2024.<\/li>\n<li>The Infused 35\u2019s products showed a decline, quarter over quarter, from approximately $170k in the first quarter of 2024 to $147k in the second quarter of 2024.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li>Third-Party Brands\n<ul type=\"square\">\n<li>The Company re-engaged the third-party brand model strategy and pursued like minded brands to increase revenues and maximize operational efficiency.\n<ul type=\"disc\">\n<li>Sales of third-party brands generated revenue of approximately $778k for the second quarter of 2024 compared to $952k in the first quarter of 2024.<\/li>\n<li>In the second quarter of 2024, Lowell had brought on three additional third-party brands to continue to round the portfolio offerings to retail partners.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<li><strong>Distribution and Sales Capabilities:<br \/><\/strong>\n<ul type=\"square\">\n<li>The average delivery drop value has decreased to approximately $3,735 in the second quarter of 2024 from $4,082 in the first quarter of 2024.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p align=\"justify\"><strong>Q2 2024 Financial Results Earnings Conference Call Details:<\/strong> <br \/> The conference call with management at 5:30 p.m. EDT on Tuesday, August 13, can be accessed using the following dial-in information:<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td style=\"max-width:25%; width:25%; min-width:25%;\">U.S. and Canadian Toll Free:<\/td>\n<td style=\"max-width:75%; width:75%; min-width:75%;\">1-800-579-2543<\/td>\n<\/tr>\n<tr>\n<td>International:<\/td>\n<td>1-785-424-1789<\/td>\n<\/tr>\n<tr>\n<td>Webcast:\u00a0<\/td>\n<td>Link <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qBeXLjZiDzExA6r1EN9ezSUCd1j36ubz1pOIjTAVJPWiQkK7ic-8vnXIeKeSlq23n_BKqmkQ9X7S1PeFCsUJGUw2ua_--BncKBOQk_lexB0PKIvi1Ziy9vbf9d6AkX4QhwJ11pFbDTHNeZkYH7d9CA==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>here<\/u><\/a><\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">Please dial-in at least 10 minutes before the call to register.<\/p>\n<p align=\"justify\">The conference call will be webcast live and archived on the investor relations section of the Lowell Farms website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=VEzcq2yvisSp8eAlLaENBM7YHuK3PwEpWRlzv4Q-m1Q8HGR1kqjPgfFoZDzSKj_sDbyeVKuBpIps140U7JpRhDgyui1sXCdeG3ygbPtZZCU=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>https:\/\/ir.lowellfarms.com\/<\/u><\/a>.<\/p>\n<p align=\"justify\"><strong>ABOUT LOWELL FARMS INC.<\/strong> <br \/> Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) (the \u201cCompany\u201d) is a California-based cannabis company with advanced production capabilities supporting the supply chain, including extraction, manufacturing, brand sales, marketing, and distribution. Lowell Farms has an exclusive portfolio of award-winning brands, including Lowell Herb Co, House Weed, Moon, Cypress Cannabis, and Original Pot Co. for licensed retailers statewide.<\/p>\n<p align=\"justify\"><strong>Lowell Farms Inc. Media Contact<\/strong> <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4YAiDIuFiKSfb33mSMUJfgA301fjNkBHakXHFTqqhGmnajhvXcNwOLysgNGVK64qMDizcDqGR2tUxtQmLyMqrMG9zlk_AeipeCUbJkN86NQ=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"pr@lowellfarms.com\">pr@lowellfarms.com<\/a><\/p>\n<p align=\"justify\"><strong>Lowell Farms Inc. Investor Relations Contact<\/strong> <br \/> Bill Mitoulas <br \/> 416.479.9547 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5HQz34eacGcgMGPSFAFi7fhH1C5Daxhq4oDPX50pWjBV02Dg7SjAjRM84KBkIZ01zhDbbwzO6V12RVm32wn-cW3-ojSYMOiIcjwwYeyna3Q=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"ir@lowellfarms.com\">ir@lowellfarms.com<\/a><\/p>\n<p align=\"justify\"><strong>Lowell Farms Inc. Company Contact<\/strong> <br \/> Mark Ainsworth <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5HQz34eacGcgMGPSFAFi7VSWzcry47ggNlzNRwfPFjpYxyrecqTv3v_hCteBThglKDdpieLsAM2055HxUeB1OXjETMtoyYVPq2tmuSLLLro=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"ir@lowellfarms.com\">ir@lowellfarms.com<\/a><\/p>\n<p align=\"justify\"><strong>Forward-Looking Information and Statements<\/strong> <br \/> This news release contains certain &#8220;forward-looking information&#8221; within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute &#8220;forward-looking statements&#8221; within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current conditions, but instead represent only the Company\u2019s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company\u2019s control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as &#8220;plans&#8221;, &#8220;expects&#8221; or &#8220;does not expect&#8221;, &#8220;is expected&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;estimates&#8221;, &#8220;forecasts&#8221;, &#8220;intends&#8221;, &#8220;anticipates&#8221; or &#8220;does not anticipate&#8221;, or &#8220;believes&#8221;, or variations of such words and phrases or may contain statements that certain actions, events or results &#8220;may&#8221;, &#8220;could&#8221;, &#8220;would&#8221;, &#8220;might&#8221; or &#8220;will be taken&#8221;, &#8220;will continue&#8221;, &#8220;will occur&#8221; or &#8220;will be achieved.\u201d The forward-looking information and forward-looking statements contained herein may include, but are not limited to, the anticipated growth of Lowell Farm Services and the ability of the Company to successfully achieve its business objectives and expectations for other economic, business, and\/or competitive factors. There can be no assurance that such forward-looking information and statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information and statements. This forward-looking information and statements reflect the Company\u2019s current beliefs and are based on information currently available to the Company and on assumptions the Company believes are reasonable.<\/p>\n<p align=\"justify\">Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; operating and development costs; competition; changes in legislation or regulations affecting the Company; the timing and availability of external financing on acceptable terms; the available funds of the Company and the anticipated use of such funds; favorable production levels and outputs; the stability of pricing of cannabis products; the level of demand for cannabis product; the availability of third-party service providers and other inputs for the Company\u2019s operations; lack of qualified, skilled labor or loss of key individuals; and risks and delays resulting from the COVID-19 pandemic. A description of additional assumptions used to develop such forward-looking information and a description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company\u2019s disclosure documents, such as the Company\u2019s annual information form filed on the SEDAR website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1DGUWhAWP4ycNBhYkMtRl2ULe0A9XH5yN-kSUyPBc_iFpC0NWMq_uv0K87b9vpzohCORfB1Xdlt_mfRvAgJj7w==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>www.sedar.com<\/u><\/a> and the Company&#8217;s Form 10 filed on the SEC website at www.sec.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement.<\/p>\n<p align=\"justify\">The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. However, the Company expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.<\/p>\n<p align=\"justify\">Neither the Canadian Securities Exchange nor its Regulation Service Provider has reviewed, or accepts responsibility for the adequacy or accuracy of, the content of this news release.<\/p>\n<p align=\"justify\">Use of Non-GAAP Financial Information<\/p>\n<p align=\"justify\">EBITDA is net income (loss), excluding the effects of income taxes (recovery)\u037e net interest expense\u037e depreciation and amortization\u037e and adjusted EBITDA also includes noncash fair value adjustments on investments\u037e unrealized foreign currency gains\/losses\u037e share-based compensation expense\u037e and other transactional and special expenses, such as out-of-period insurance recoveries and acquisition costs and expenses related to the markup of acquired finished goods inventory, which are inconsistent in amount and frequency and are not what we consider as typical of our continuing operations. Management believes this measure provides useful information as it is a commonly used measure in the capital markets and as it is a close proxy for repeatable cash generated by operations. We use adjusted EBITDA internally to understand, manage, make operating decisions related to cash flow generated from operations and evaluate our business. In addition, we use adjusted EBITDA to help plan and forecast future periods.<\/p>\n<p align=\"justify\">This measure is not necessarily comparable to similarly titled measures used by other companies.<\/p>\n<p align=\"justify\">A reconciliation of this measure to Net Loss is provided below.<\/p>\n<p>\u00a0<\/p>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td colspan=\"19\" style=\"text-align: center ;  vertical-align: middle; \"><strong>LOWELL FARMS INC.<\/strong><br \/><strong>CONDENSED CONSOLIDATED BALANCE SHEETS<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"19\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>June 30,<\/strong><br \/><strong>2024<\/strong><\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>\u00a0<\/strong><\/td>\n<td colspan=\"3\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>December 31,<\/strong><br \/><strong>2023<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>ASSETS<\/strong><\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Current assets:<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"max-width:63%; width:63%; min-width:63%;;vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Cash and cash equivalents<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td colspan=\"9\" style=\"max-width:16%; width:16%; min-width:16%;;padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">642<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td style=\"max-width:16%; width:16%; min-width:16%;;padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,311<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Accounts receivable &#8211; net of allowance for doubtful accounts of $1,090 and $959 at June 30, 2024 and December 31, 2023,<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">respectively.<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,844<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,620<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Inventory<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,926<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">4,760<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Prepaid expenses and other current assets<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,638<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,397<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \"><strong>Total current assets<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>7,050<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>12,088<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Property and equipment, net<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3,537<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">4,099<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Right of use assets, net<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">17,548<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">18,327<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Other intangibles, net<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,352<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,544<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Other assets<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">465<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">555<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>Total assets<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>$<\/strong><\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>30,952<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>$<\/strong><\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>37,613<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>LIABILITIES AND STOCKHOLDERS\u2019 EQUITY<\/strong><\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Current liabilities:<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Accounts payable<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,775<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">4,314<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Accrued payroll and benefits<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">299<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">363<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Notes payable, current portion<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Lease obligation, current portion<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,815<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,990<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Other current liabilities<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">2,276<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">1,943<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \"><strong>Total current liabilities<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>6,166<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>8,613<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Lease obligation<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">16,959<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">17,522<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>Total liabilities<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>23,125<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>26,135<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">COMMITMENTS AND CONTINGENCIES<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>STOCKHOLDERS\u2019 EQUITY<\/strong><\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Share capital<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">192,481<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">192,445<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">Accumulated deficit<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(184,654<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(180,967<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>Total stockholders\u2019 equity<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>7,827<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>11,478<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \"><strong>Total liabilities and stockholders\u2019 equity<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>$<\/strong><\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>30,952<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>$<\/strong><\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>37,613<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<\/table>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td colspan=\"41\" style=\"text-align: center ;  vertical-align: middle; \"><strong>LOWELL FARMS INC.<br \/><\/strong><strong>CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"41\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 30.0px; \">\u00a0<\/td>\n<td colspan=\"17\" style=\"text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>Six\u00a0Months\u00a0Ended<\/strong><\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"22\" style=\"text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>Three\u00a0Months\u00a0Ended<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>June 30,<br \/>2024<\/strong><\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \"><strong>\u00a0<\/strong><\/td>\n<td colspan=\"9\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>June 30,<br \/>2023<\/strong><\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \"><strong>\u00a0<\/strong><\/td>\n<td colspan=\"11\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>June 30,<br \/>2024<\/strong><\/td>\n<td style=\"text-align: center ;  vertical-align: middle; \"><strong>\u00a0<\/strong><\/td>\n<td colspan=\"10\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>June 30,<br \/>2023<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:41%; width:41%; min-width:41%;;text-align: left ;  vertical-align: middle; \">Net revenue<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td colspan=\"5\" style=\"max-width:12%; width:12%; min-width:12%;;border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3,538<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td colspan=\"7\" style=\"max-width:12%; width:12%; min-width:12%;;border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">7,032<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td colspan=\"9\" style=\"max-width:12%; width:12%; min-width:12%;;border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">8,412<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td colspan=\"8\" style=\"max-width:12%; width:12%; min-width:12%;;border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">14,558<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Cost of goods sold<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">4,092<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">7,373<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">9,793<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">14,767<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"border-top: solid black 1pt ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Gross profit (loss)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(554<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(341<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(1,381<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(209<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Operating expenses<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">General and administrative<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,089<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,611<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,641<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3,283<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Sales and marketing<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">451<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">638<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">860<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,373<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Depreciation and amortization<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">98<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">108<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">195<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">215<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Total operating expenses<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,638<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,357<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3,696<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">4,871<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Loss from operations<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(2,192<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(2,698<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(5,077<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(5,080<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Other income (expense)<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Other income<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,399<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3,803<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,404<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">3,805<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Unrealized change in fair value of investment<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(27<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(28<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Interest expense<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(5<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(1,151<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(14<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(2,810<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Total other income<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,394<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,625<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,390<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">967<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Loss before provision for income taxes<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(798<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(73<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(3,687<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(4,113<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Provision for income taxes<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>Net loss<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>$<\/strong><\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>(798<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>)<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>$<\/strong><\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>(73<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>)<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>$<\/strong><\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>(3,687<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>)<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>$<\/strong><\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>(4,113<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \"><strong>)<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Net loss per share:<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Basic<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.04<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.01<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.19<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.34<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Diluted<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.04<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.01<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.19<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">$<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">(0.34<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Weighted average shares outstanding:<\/td>\n<td colspan=\"7\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"10\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"12\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"11\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Basic<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">19,031<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">12,177<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">19,031<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">12,177<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Diluted<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"5\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">19,031<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">12,177<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"9\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">19,031<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<td colspan=\"8\" style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: double black 3pt ; \">12,177<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: double black 3pt ; \">\u00a0<\/td>\n<\/tr>\n<\/table>\n<table style=\"border-collapse: collapse; width:100%; border-collapse:collapse ;\">\n<tr>\n<td colspan=\"8\" style=\"text-align: center ;  vertical-align: middle; \"><strong>LOWELL FARMS INC.<br \/><\/strong><strong>CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS<br \/>(unaudited) (in thousands)<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" style=\"text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 30.0px; \">\u00a0<\/td>\n<td colspan=\"7\" style=\"border-bottom: solid black 1pt ; text-align: center ;  vertical-align: middle; \"><strong>Six\u00a0Months\u00a0Ended<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"max-width:63%; width:63%; min-width:63%;;text-align: left ;  vertical-align: middle; \"><strong>CASH FLOW FROM OPERATING ACTIVITIES<\/strong><\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"max-width:16%; width:16%; min-width:16%;;text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>June 30,<br \/><\/strong><strong>2024<\/strong><\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;text-align: center ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"max-width:16%; width:16%; min-width:16%;;text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \"><strong>June 30,<br \/>2023<\/strong><\/td>\n<td style=\"max-width:1%; width:1%; min-width:1%;;text-align: center ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Net loss<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(3,687<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(4,113<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \"><em>Adjustments to reconcile net loss to net cash used in operating activities:<\/em><\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Depreciation and amortization<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,533<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">2,644<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Amortization of debt issuance costs<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">484<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Share-based compensation expense<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">36<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">101<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Provision for doubtful accounts<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">187<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">116<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Gain on sale leaseback<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(3,004<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Gain on lease settlement<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(880<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Unrealized loss on change in fair value of investments<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">28<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 20.0px; \">Reversal of cultivation lease accrual<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(2,332<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Changes in operating assets and liabilities:<\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 25.0px; \">Accounts receivable<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">589<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,364<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 25.0px; \">Inventory<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,834<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,270<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 25.0px; \">Prepaid expenses and other current assets<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">759<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">466<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 25.0px; \">Other assets<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">90<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(387<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 25.0px; \">Accounts payable and accrued expenses<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">62<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,488<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 25.0px; \">Operating lease payments<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(628<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>Net cash used in operating activities<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>(1,557<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \"><strong>)<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>(423<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \"><strong>)<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>CASH FLOW FROM INVESTING ACTIVITIES<\/strong><\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Purchases of property and equipment<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(19<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>Net cash used in investing activities<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>(19<\/strong><\/td>\n<td style=\"border-top: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \"><strong>)<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>CASH FLOW FROM FINANCING ACTIVITIES<\/strong><\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Proceeds from sale leaseback<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">&#8211;<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">8,991<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Principal payments on lease obligations<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(110<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(1,142<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle;   text-align: left;   padding-left: 10.0px; \">Payments on notes payable<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(2<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">(83<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">)<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>Net cash provided by (used in) financing activities<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>(112<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \"><strong>)<\/strong><\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>7,766<\/strong><\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Change in cash and cash equivalents<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">(1,669<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">)<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">7,324<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Cash and cash equivalents-beginning of year<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">2,311<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; border-bottom: solid black 1pt ; \">1,098<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; border-bottom: solid black 1pt ; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>Cash and cash equivalents -end of period<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>642<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>$<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \"><strong>8,422<\/strong><\/td>\n<td style=\"border-bottom: solid black 1pt ; padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"3\" style=\"border-top: solid black 1pt ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \"><strong>SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION<\/strong><\/td>\n<td colspan=\"3\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td colspan=\"4\" style=\"text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left ;  vertical-align: middle; \">Cash paid during the period for interest<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">14<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">\u00a0<\/td>\n<td style=\"padding-right: 0 ; text-align: right ;  vertical-align: middle; \">$<\/td>\n<td style=\"padding-left: 0 ; padding-right: 0 ; text-align: right ;  vertical-align: middle; \">1,821<\/td>\n<td style=\"padding-left: 0 ; text-align: left ;  vertical-align: middle; \">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTQxZGQ1NGItMWI4Yy00NWM3LWJlY2UtMWQwNjJjMmM4OTdjLTExOTg3MDc=\/tiny\/Lowell-Farms-Inc-.png\" referrerpolicy=\"no-referrer-when-downgrade\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SALINAS, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) &#8212; Lowell Farms Inc. (the \u201cCompany\u201d) (CSE: LOWL; OTCQX: LOWLF), a California cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces unaudited revenue and operating results for the second quarter of 2024 (ended June 30, 2024). All figures stated are in [&#8230;]\n","protected":false},"author":1,"featured_media":58270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-58269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pr-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Lowell Farms Inc. 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