Lowell Farms (TSE:LOWL) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Lowell Farms Inc. reported a 48% drop in third-quarter net revenue, reaching $3.2 million as compared to the previous year, amid a challenging California cannabis market. Despite the decline, the company is optimistic about its strategic expansion into retail dispensary management, aiming to strengthen its brand presence and promote sustainable growth.
For further insights into TSE:LOWL stock, check out TipRanks’ Stock Analysis page.