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Lowell Farms To Acquire Automated Pre-Roll Manufacturing Assets From Canadian Innovator

May 25, 2022over 3 years ago

Acquiring Company

Lowell Farms

Acquired Company

Manufacturing Assets

SalinasCannabisAgriculture and Farming

Description

Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, is announcing the acquisition of advanced pre-roll production equipment and capabilities from Canadian cannabis brand All Good Collective. The acquisition will accelerate Lowell Farms’ ability to offer end-to-end automation of large-scale pre-roll production.

Company Information

Company

Lowell Farms

Location

Salinas, California, United States

About

Lowell Farms Inc. is a prominent California-based cannabis company operating in the competitive cannabis industry. The company is committed to financial excellence and strategic leadership in the dynamic and competitive cannabis market.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed