Lowell Farms Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Salinas, calif., march 28, 2024 (globe newswire) -- lowell farms inc. (the “company”) (cse: lowl; otcqx: lowlf), a california cannabis company with advanced distribution and production capabilities including extraction, manufacturing, sales and brand management, announces audited revenue and operating results for the fourth quarter and fiscal year (ended december 31, 2023). all figures stated are in us dollars.

California cannabis leader to hold earnings call with leadership on march 28, 2024 california cannabis leader to hold earnings call with leadership on march 28, 2024

Salinas, calif., feb. 14, 2024 (globe newswire) -- lowell farms inc. (the “company”) (cse: lowl; otcqx: lowlf), a california-born cannabis company with advanced production capabilities including extraction, manufacturing, and distribution, announces the appointment of jamie schniedwind as chief financial officer of the company, effective february 16, 2024.

Salinas, calif., jan. 17, 2024 (globe newswire) -- lowell farms inc. (the “company”) (cse: lowl; otcqx: lowlf), a california-born cannabis company with advanced production capabilities including extraction, manufacturing, and distribution, announces that on january 12, 2024, cypress holding company, llc (“cypress”), a wholly owned subsidiary of the company, surrendered possession of approximately 10 acres of real property at 139 zabala road, salinas, california (the “zabala road property”) leased by cypress pursuant to a lease agreement dated april 1, 2017 (the “zabala road lease”) with tinhouse, llc, dba tinhouse partners, llc, as landlord (the “landlord”). prior to vacating the premises on january 12, 2024, the company had operated a cultivation facility, which includes four greenhouses totaling approximately 255,000 square feet, on the zabala road property.

Salinas, calif., dec. 21, 2023 (globe newswire) -- lowell farms inc. (the “company”) (cse: lowl; otcqx: lowlf), a california-born vertically integrated cannabis company with advanced production capabilities including extraction, manufacturing, and distribution, announces that effective december 19, 2023, brian shure has announced his resignation from the lowell farms inc. board of directors for personal reasons.

California cannabis leader to hold earnings call with leadership on March 28, 2024 California cannabis leader to hold earnings call with leadership on March 28, 2024

Marijuana stock investors this past week were able to see slight jumps in trading. For some, a small increase in stock price may not be major but in cannabis it is. This is due to the level of volatile trading that often leads to a downtrend. Yet with all that is going on in the cannabis sector, positive speculation has led to moments of better trading. Back in 2023, many were on the hunt for the best marijuana stocks to buy. At this time there were some strong buying opportunities that are now paying off for some.

Marijuana penny stocks under $1 have gained notable momentum in January 2024. This uptick reflects growing investor interest in the cannabis sector. The industry benefits from legislative advancements and societal acceptance. Particularly, small-cap cannabis companies show potential for high growth. These stocks are attracting investors looking for affordable entry points. However, these stocks also present volatility and risk. Due diligence is essential before investing. Investors are leveraging technical analysis to identify trends and patterns. This method aids in predicting future stock movements.

Marijuana penny stocks are emerging as a notable segment in 2024's stock market. With the growing legalization and acceptance of cannabis, the industry is experiencing rapid expansion. Forecasts suggest the global cannabis market could reach $73.6 billion by 2027. This growth is fueled by increasing medical and recreational use worldwide.

Lowell Farms, Inc. (LOWLF) Q3 2023 Earnings Call Transcript

California cannabis leader to hold earnings call with leadership on November 14, 2023 California cannabis leader to hold earnings call with leadership on November 14, 2023

Marijuana stocks are still showing a lack of momentum at the end of 2023. For a long while there has been trouble with the way cannabis stocks trade. The level of volatility has increased to a point where there is a low amount of consistency when good trading happens. What this means is when marijuana stocks start to see a recovery it is often short-lived. This makes it tough for investors to take profits. In addition to making it even more challenging to know when to enter a trade.

The cannabis industry specifically in the US is working to establish more legitimacy. With cannabis still federally illegal it has made some a bit concerned with investing marijuana stocks. The fear of a wide shutdown of the entire industry. Yet this is more fear than anything as more and more legal states continue to thrive. More than half of the US and various global regions have legalized cannabis.

Some marijuana stock investors or those looking to invest are having difficulties. The trouble is knowing how to identify market trends and how to accurately know when to invest. Due to how unpredictable the sector is it can be challenging knowing when to enter a trade. The common understanding for all stocks is to buy low and sell high. Yet cannabis stocks when they have declined can drop lower than some purchased their shares for.

As we enter the third week of August, investors interested in investigating the dynamic world of marijuana stocks will discover some exciting options. While established cannabis conglomerates continue to dominate the US cannabis industry, the penny stock sector is causing a stir. With the potential for large gains, these smaller players necessitate careful evaluation and risk management. Traders should brace themselves for wild volatility as well as potential losses.