Lowell Farms Inc. (OTC: LOWLF) reported its unaudited financial results for the second quarter of 2024, revealing significant challenges in revenue and profitability. CEO Mark Ainsworth said the company is focused on strategic alternatives to optimize assets, reduce overhead  and strengthen its financial position. A Decrease In Bulk Product Revenue The company recorded a net loss of $0.8 million, an improvement from the $2.9 million loss in the first quarter of 2024, but a steep decline compared to the $0.1 million loss in Q2 2023. Revenue for the quarter dropped sharply by 50% year-over-year to ...