Lowell Farms Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Mark Ainsworth

Chief executive officer

US$268.0k

Total compensation

CEO salary percentage	92.6%
CEO tenure	4.1yrs
CEO ownership	n/a
Management average tenure	4.1yrs
Board average tenure	2yrs

Recent management updates

Recent updates

Is Lowell Farms (CSE:LOWL) A Risky Investment?

Aug 31

Further Upside For Lowell Farms Inc. (CSE:LOWL) Shares Could Introduce Price Risks After 33% Bounce

Apr 17

Analysts Are Optimistic We'll See A Profit From Indus Holdings, Inc. (CSE:INDS)

Jan 29

The Indus Holdings (CSE:INDS) Share Price Is Up 280% And Shareholders Are Boasting About It

Dec 07

CEO Compensation Analysis

How has Mark Ainsworth's remuneration changed compared to Lowell Farms's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$268k	US$248k	-US$37m
Sep 30 2023	n/a	n/a	-US$35m
Jun 30 2023	n/a	n/a	-US$20m
Mar 31 2023	n/a	n/a	-US$25m
Dec 31 2022	US$248k	US$224k	-US$25m
Sep 30 2022	n/a	n/a	-US$23m
Jun 30 2022	n/a	n/a	-US$27m
Mar 31 2022	n/a	n/a	-US$22m
Dec 31 2021	US$360k	US$250k	-US$25m
Sep 30 2021	n/a	n/a	-US$19m
Jun 30 2021	n/a	n/a	-US$11m
Mar 31 2021	n/a	n/a	-US$21m
Dec 31 2020	US$389k	US$250k	-US$22m
Sep 30 2020	n/a	n/a	-US$35m
Jun 30 2020	n/a	n/a	-US$54m
Mar 31 2020	n/a	n/a	-US$53m
Dec 31 2019	US$1m	US$250k	-US$50m
Sep 30 2019	n/a	n/a	-US$36m
Jun 30 2019	n/a	n/a	-US$17m
Mar 31 2019	n/a	n/a	-US$11m
Dec 31 2018	US$384k	US$200k	-US$9m

Compensation vs Market: Mark's total compensation ($USD268.02K) is above average for companies of similar size in the Canadian market ($USD174.31K).

Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.

CEO

Mark Ainsworth (48 yo)

4.1yrs

Tenure

US$268,022

Compensation

Mr. Mark Luciano Ainsworth serves as Chief Executive Officer at Lowell Farms Inc. (formerly known as Indus Holdings, Inc.) since April 2020 and served as its Interim Chief Executive Officer since April 13,...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mark Ainsworth	Co-Founder	4.1yrs	US$268.02k	no data
Jamie Schniedwind	Chief Financial Officer	less than a year	no data	no data
Kelly McMillin	Chief Compliance Officer	6.6yrs	US$152.23k	no data

4.1yrs

Average Tenure

48yo

Average Age

Experienced Management: LOWL's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Mark Ainsworth	Co-Founder	5.1yrs	US$268.02k	no data
William Anton	Independent Director	5.1yrs	US$1.13k	0.18% $ 4.4k
Bruce Gates	Board Observer	1.6yrs	US$7.03k	no data
Jeffrey Monat	Independent Director	2.3yrs	US$3.39k	0% $ 0
Summer Frein	Independent Director	1.6yrs	US$3.39k	0.23% $ 5.7k
Ann Lawrence	Independent Chairman	1.6yrs	US$36.12k	0% $ 0

2.0yrs

Average Tenure

48yo

Average Age

Experienced Board: LOWL's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.

Lowell Farms Management

Management criteria checks 1/4

Key information

Recent management updates

Lowell Farms Inc. Announces Chief Financial Officer Changes

Brian Shure Resigns from the Lowell Farms Inc.'s Board of Directors

Lowell Farms Inc., Annual General Meeting, Jun 22, 2023

Lowell Farms Inc. Announces the Resignation of Jenny Montenegro as Chief Operating Officer

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Beehouse Engages in Discussions with Lowell Farms

New major risk - Revenue and earnings growth

Full year 2023 earnings released: US$2.71 loss per share (vs US$2.17 loss in FY 2022)

Lowell Farms Inc. to Report Q4, 2023 Results on Mar 28, 2024

Lowell Farms Inc. Announces Chief Financial Officer Changes

Beehouse Engages in Discussions with Lowell Farms

Brian Shure Resigns from the Lowell Farms Inc.'s Board of Directors

Third quarter 2023 earnings released: US$1.66 loss per share (vs US$0.43 loss in 3Q 2022)

Lowell Farms Inc. to Report Q3, 2023 Results on Nov 14, 2023

New major risk - Shareholder dilution

Is Lowell Farms (CSE:LOWL) A Risky Investment?

Second quarter 2023 earnings released: US$0.001 loss per share (vs US$0.041 loss in 2Q 2022)

Lowell Farms Inc. to Report Q2, 2023 Results on Aug 10, 2023

Lowell Herb Co to Unveil All-New Lowell Infused 35S Pre-Roll At Bottlerock Napa Valley Festival

First quarter 2023 earnings released: US$0.033 loss per share (vs US$0.041 loss in 1Q 2022)

Lowell Farms Inc., Annual General Meeting, Jun 22, 2023

Lowell Farms Inc. to Report Q1, 2023 Results on May 11, 2023

Further Upside For Lowell Farms Inc. (CSE:LOWL) Shares Could Introduce Price Risks After 33% Bounce

Full year 2022 earnings: EPS and revenues miss analyst expectations

Lowell Farms Inc. Announces the Resignation of Jenny Montenegro as Chief Operating Officer

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Less than half of directors are independent

Third quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Less than half of directors are independent

Lowell Farms Inc. Announces Board Changes

Lowell Farms Inc. to Report Q3, 2022 Results on Nov 09, 2022

Lowell Farms Inc. Announces Commercial Availability of its Lowell 35

Consensus forecasts updated

Lowell Farms Inc. announced that it has received $6.4 million in funding

Lowell Farms Inc. announced that it has received $4.2 million in funding

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Lowell Farms Inc. to Report Q2, 2022 Results on Aug 09, 2022

Lowell Farms Inc., Annual General Meeting, Sep 21, 2022

Lowell Farms Inc. (CNSX:LOWL) agreed to acquire Pre-Roll Manufacturing Assets from All Good Collective Corp. for $4.1 million.

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

Lowell Farms to Debut All-New Collaboration and Showcase Award-Winning Brand During Hall of Flowers

Forecast breakeven date pushed back to 2023

Less than half of directors are independent

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus forecasts updated

Lowell Farms Inc. to Report Q4, 2021 Results on Mar 01, 2022

Chief Operating Officer exercised options and sold CA$59m worth of stock

No longer forecast to breakeven

Third quarter 2021 earnings released: US$0.10 loss per share (vs US$0.072 profit in 3Q 2020)

Lowell Smokes Now Available Exclusively At Ascend in Massachusetts

Beehouse Engages in Discussions with Lowell Farms

Lowell Farms Inc. announced that it has received $18 million in funding from Beehouse, LLC and other investors

Second quarter 2021 earnings released: EPS US$0.01 (vs US$0.14 loss in 2Q 2020)

Consensus forecasts updated

First quarter 2021 earnings released

Lowell Farms Inc. Appoints Bryan Dunmire as Chief Product Officer

Earnings beat expectations, revenue disappoints

Full year 2020 earnings released: US$0.36 loss per share (vs US$1.55 loss in FY 2019)

Indus Holdings, Inc. (CNSX:INDS) acquired Substantially All of the Assets of the Lowell Herb for $39 million.

New 90-day high: CA$2.45

Indus Holdings, Inc. to Report Q4, 2020 Results on Mar 01, 2021

Analysts Are Optimistic We'll See A Profit From Indus Holdings, Inc. (CSE:INDS)

Indus Holdings, Inc Appoints Kevin Lawrence as Chief Revenue Officer

Indus Holdings, Inc. has completed a Composite Units Offering in the amount of $30 million.

New 90-day low: CA$1.29

The Indus Holdings (CSE:INDS) Share Price Is Up 280% And Shareholders Are Boasting About It

Indus Holdings, Inc. Updates Earnings Guidance for the Fourth Quarter Ending December 31, 2020

New 90-day high: CA$1.76

Revenue and earnings beat expectations

Indus Holdings, Inc. Announces Executive Changes

Indus Holdings, Inc. to Report Q3, 2020 Results on Nov 09, 2020

Analysts update estimates

Indus Holdings, Inc. Launches New Lineup of Moon Edibles, Announces Return of Seasonal Favorites