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

MJBizDaily
By Solomon IsraelAug 31, 2021, 11:59 am174 pts
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…

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