Lowell Farms Inc. (OTCQX: LOWLF), a vertically integrated cannabis company, reported late Thursday its unaudited revenue and operating results for the first quarter of 2023.

Lowell Farms managed to improve its operating loss, which was $2.3 million, a 5% improvement from the same period last year. Compared to the previous quarter, the operating loss improved significantly by 64%.

The net loss for the first quarter of 2023 was $4.0 million, slightly lower than the net loss of $4.1 million in the first quarter of 2022. Adjusted EBITDA, a non-GAAP financial measure, was negative …

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