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Benzinga
Benzinga
Business
Vuk Zdinjak

Lowell Farms To Acquire Automated Cannabis Pre-Roll Manufacturing Assets From All Good Collective For $4.1M

Lowell Farms Inc. (OTCQX:LOWLF) (CSE:LOWL) will acquire 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.

“At Lowell, we are committed to bringing to market the absolute best cannabis smoking experience possible and that journey led us to All Good Collective,” stated Lowell Farms Inc. chairman of the board George Allen. “In addition to being a far superior product than anything we have seen in the category, the equipment from All Good will allow us to scale production and achieve a pre-roll price-point that rivals the cost of flower.”

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