Indus Holdings, Inc. Provides Earnings Guidance for the Quarter Ended September 30, 2020
October 13, 2020 at 06:32 pm IST
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Indus Holdings, Inc. provided earnings guidance for the quarter ended September 30, 2020. For the quarter, the company expects revenue of approximately $14.1 million, a $4.2 million, or 42% increase over Second Quarter 2020. The Company attributes the highest revenue quarter since its inception primarily to the increase in harvested flower resulting from the greenhouse renovations.
Lowell Farms Inc. is a cannabis company with vertically integrated operations, including cultivation, extraction, processing, manufacturing, branding, packaging and wholesale distribution to retail dispensaries. The Company manufactures and distributes proprietary and select third-party brands throughout the State of California. It also provides manufacturing, extraction and distribution services to select third-party cannabis and cannabis branding companies and sells proprietary bulk flowers and brokers third-party bulk flowers to licensed distribution and manufacturing companies in California. Its brands include Lowell Smokes, Lowell Herb Co, House Weed, Kaizen, Moon, Original Pot Company, Flavor Extracts, Humble Flower and Cypress Cannabis. The Company operates approximately 40,000-square-foot of processing facility, a 15,000-square-foot manufacturing and laboratory facility in Salinas, California, and laboratory facility in Salinas, California, and others.
LOWELL FARMS INC. 
