Lowell Farms reports 2023 EPS ($2.71) vs. ($2.17) last year

Reports 2023 revenue $28.3M vs. $43.5M last year. “As we move through 2024, Lowell stands today as a restructured company. The challenges of the past year have been formidable, but our team’s resilience and determination have propelled us through,” said Co-Founder and Chief Executive Officer Mark Ainsworth. “Our strategic decisions have now positioned us favorably and we expect to see a positive impact on the company in the quarters ahead. With our focus sharpened and our foundation strengthened, we are grateful to remain in this ever-evolving landscape that is the California cannabis industry.”