Lowell Farms Inc. (LOWLF)

[kahlua]

The quarter was quite disappointing across the board despite an incredible 12k lb harvest. Current liquidity concerns along with what has turned out to be a viciously competitive California market where both wholesale and retail margins have collapsed caused me to rethink my position for now. I’m back on the sidelines and want to see some recovery in CPG and licensing revs along with details of a probable private placement. It’s becoming clear in my mind that the 35’s are the make or break product for this company or else they’re just going to probably limp along in the low velocity premier brand pileup. George was very protective of his strategy on the cc showing just how cut throat competition has become. I will continue to keep close tabs on Lowell’s progress and updates from George and hopefully get back in as an opportunity presents itself. I agree, he’s a truly unique leader in this industry.