Lowell Farms enters management agreements for two LA dispensaries on Oct 1, 2024, with potential equity ownership.

Lowell Farms, a California cannabis company, has entered into management services agreements for two Los Angeles dispensaries, effective October 1, 2024. This allows Lowell to manage operations with an option for equity ownership via a non-binding letter of intent. The agreements aim to enhance operational efficiencies, improve margins, and better understand consumer preferences, ultimately strengthening brand loyalty and expanding market share in California's cannabis industry.

October 09, 2024
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