Cannabis business Lowell Farms raises $18 million in equity private placement

3 September 2021 Off By Bambam

Vertically integrated California cannabis company Lowell Farms announced the completion of a nonbrokered equity private placement worth $18 million. “Proceeds from the offering are contemplated to be used for working capital purposes, automation investments, and expansion into new markets,” Salinas-based Lowell Farms said in a Tuesday news release. The offering includes 18 million units of […]

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