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Lowell Farms Reports Significant Revenue Drop in Q2

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Lowell Farms Reports Significant Revenue Drop in Q2

Lowell Farms (TSE:LOWL) has released an update.

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Lowell Farms Inc., a California cannabis company, reported a 50% decrease in net revenue for Q2 2024 compared to the same period last year, resulting in $3.5 million. The company’s exit from cultivation has impacted revenues, but they are working on expanding services to improve financial stability and shareholder value.

For further insights into TSE:LOWL stock, check out TipRanks’ Stock Analysis page.

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