Beehouse Partners, LP - Aug 30, 2021 Form 3 Insider Report for Lowell Farms Inc. (LOWLF)

Role: 10%+ Owner
Signature: Beehouse Partners, LP, By: Beehouse Partners GP, LLC, its General Partner, By: /s/Gregory Heyman, Managing Member
Stock symbol: LOWLF
Transactions as of: Aug 30, 2021
Transactions value $: $0
Form type: 3
Date filed: 9/1/2021, 04:14 PM
Next filing: May 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LOWLF	Subordinate Voting Shares						12.2M	Aug 30, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	LOWLF	Warrants (right to buy)							Aug 30, 2021	Subordinate Voting Shares	224K	$1.81	Direct	F2, F3
holding	LOWLF	Warrants (right to buy)							Aug 30, 2021	Subordinate Voting Shares	5M	$1.40	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The securities are owned directly by Beehouse Partners, LP ("Beehouse Partners") and may be deemed to be indirectly beneficially owned by Beehouse Partners GP, LLC ("Beehouse GP"), the general partner of Beehouse Partners.
F2	The exercise price was converted from $2.20 CAD using the closing rate of exchange of the Bank of Canada on May 7, 2021. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise.
F3	Beehouse Partners is the record holder of the reported warrants. Beehouse GP disclaims beneficial ownership of the shares underlying the reported warrants except to the extent of its pecuniary interest therein.