Lowell Farms Inc. announced that it has named veteran finance executive and cannabis investor Jeff Monat to its Board of Directors. Mr. Monat is a Senior Partner at Merida Capital Holdings. He sits on Merida's Investment Committee, helping to steer the firm's investments that focus on products and services associated with the evolution of cannabis as an agricultural product, a natural plant-based medicine, a constituent in pharmaceutical formulations and a recreational consumer product.

Mr. Monat has been an investor in cannabis companies for nearly 10 years, funding both cultivation and ancillary businesses. Mr. Monat's appointment comes as Kevin McGrath departs the Lowell Farms Board of Directors. Mr. Monat will begin his tenure with the Board of Directors effective immediately.