Lowell Herb Co.
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 41.5m | 41.5m | 37.0m | 42.6m | 53.7m | 43.5m | 56.8m |
% growth | - | - | (11 %) | 15 % | 26 % | (19 %) | 31 % |
EBITDA | (<1m) | (<1m) | (40.0m) | 3.9m | (15.3m) | (7.3m) | - |
% EBITDA margin | - | (1 %) | (108 %) | 9 % | (29 %) | (17 %) | - |
Profit | (<1m) | (<1m) | (50.8m) | (7.6m) | (24.7m) | (24.6m) | - |
% profit margin | - | (1 %) | (137 %) | (18 %) | (46 %) | (56 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
$39.0m Valuation: $39.0m 0.9x EV/LTM Revenues 10.0x EV/LTM EBITDA | Acquisition | ||
Total Funding | - |
Recent News about Lowell Herb Co.
EditLowell Farms is a vertically integrated cannabis company based in California, known for its advanced production capabilities that encompass every step of the supply chain. The company engages in cultivation, extraction, manufacturing, brand sales, marketing, and distribution of cannabis products. Lowell Farms primarily serves the adult-use cannabis market, targeting consumers who seek high-quality, organic cannabis products. The business model is built around producing and selling premium cannabis goods, including pre-rolls, vapes, and full-spectrum concentrates, through both direct-to-consumer channels and retail partnerships. Revenue is generated through the sale of these products, leveraging the company's strong brand presence and commitment to organic cultivation practices.
Keywords: cannabis, organic, pre-rolls, vapes, concentrates, cultivation, extraction, manufacturing, distribution, California.