Indus Holdings Archives

StaffFebruary 25, 2021

California-based Indus Holdings, Inc. (OTCQX: INDXF) is buying Lowell Herb Co. and Lowell Smokes in a deal valued at $39 million. The acquisition includes trademark brands, product portfolio, and production assets of Lowell from The Hacienda Group effective immediately. The company will change its name to Lowell Farms Inc. “The combination of Indus and Lowell will […]

Debra BorchardtDecember 14, 2020

California-based cannabis company Indus Holdings, Inc. (CSE: INDS)(OTCQX: INDXF) has filed a C$100 million offering in Canada. Indus is based in Salinas, California, and is home to the following brands: Cypress Cannabis, House Weed, The Original Pot Co., MOON, Humble Flower, and Kaizen Medicinals. The offering extends over 25 months and can accommodate a variety […]

Debra BorchardtNovember 10, 2020

Following the market close on Monday, Indus Holdings, Inc. (OTCQX: INDXF)reported its financial results for the third quarter ended September 30, 2020, with revenue at $14.1 million. This was a 40% year-over-year growth from the third quarter last year and an increase of 43% from the prior quarter. As a percentage of revenues, owned brands […]

Debra BorchardtMarch 16, 2020

Indus Holdings Inc. (OTC:INDXF) stock was moving higher by 24% to lately trade at 21 cents following news that former Acreage Holdings (CSE:ACRG.U)President George Allen has invested in the company. Indus said it received a $2.3 million loan with lenders that included Geronimo Capital, LLC and Merida Capital Partners. In connection with the loan, Indus […]

StaffAugust 21, 2019

It’s time for your Daily Hit of cannabis financial news for August 21, 2019. On The Site Cresco Labs Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) reported that its second-quarter revenue rose 253% to $29.9 million over last year in its unaudited financial results for the second quarter ending June 30, 2019. The revenue rose […]

William SumnerMay 30, 2019

It’s time for your Daily Hit of cannabis financial news for May 30, 2019. On the Site The Economics of Cannabis and Women Led Businesses Women lead almost 30% of the businesses in cannabis and the opportunities are there. This group of distinguished women reviews the best sectors to build a business and how to […]