Lowell Farms' New Cannabis Processing Facility Has Plans To Process 250 Tons Of Flower Annually

Lowell Farms Inc. (CSE: LOWL) (OTCQX: LOWLF) announced Tuesday that it has purchased property and related assets and is commissioning a first-of-its-kind processing facility in Salinas Valley, California.

The new facility, located in Monterey County in the vicinity of the company’s flagship cultivation operation, can process 250,000 lbs. of wholesale cannabis flower per year, including drying, bucking, trimming, sorting, grading and packaging.

The Salinas-based company paid $9 million in cash to C Quadrant LLC and issued 7,997,520 of …

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