InvestorsHub Logo
Followers 6
Posts 819
Boards Moderated 0
Alias Born 05/11/2021

Re: None

Saturday, 08/12/2023 12:54:52 PM

Saturday, August 12, 2023 12:54:52 PM

Post# of 21345
From Lowell Farms 2Q 10Q reporting re licensing fees collected on an otherwise what seemed terrible negative 5% gross margin report:

"Out-of-State Licensing:
Collectively, out-of-state revenues increased 7% from $222k in Q1 2023 to $237k in Q2 2023.
Royalties in Q2 2023 were $230k, up 10% from the prior quarter....on the $SHWZ relationship:

Colorado
Lowell Herb Co. was the 3rd top-selling non-infused pre-roll brand in the state in Q2 2023.
Sold in Schwazze retail network as well as statewide through third-party partnership retailers.

New Mexico
(Insert noting no data?) Exclusively distributed to consumers through Schwazze retail banners of R. Greenleaf and Everest with a total of 32 stores."
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent SHWZ News