Indus Holding Company

What Indus Holding Company does

Indus Holding Company is the parent entity behind Lowell Farm Services, a California-licensed cannabis B2B services platform founded in 2014 and headquartered in Salinas, California. Its operating subsidiary provides end-to-end supply chain support for cannabis brands, spanning cultivation, manufacturing and processing, logistics, statewide distribution, and sales support, enabled by four California state licenses — Cultivator (CCL20-0002424), two Distributor licenses (C11-0001881-LIC and C11-0000816-LIC), and Manufacturer (CDPH-10002196). The company is also the holding vehicle for publicly listed Lowell Farms Inc. (CSE:LOWL; OTCQX:LOWLF) and for acquired branded assets including Shredibles and Lowell Herb.

The underlying operational technology consists of physical cannabis production infrastructure (extraction and manufacturing), an owned fleet of delivery vehicles running daily California routes from a single Salinas distribution center, and a proprietary digital marketplace used by established B2B customers to place orders. The distribution center benefits from a 0% city distribution tax rate, providing a location-specific cost advantage over distributors based in higher-tax jurisdictions.

Revenue is generated through three streams: processing and manufacturing service fees, distribution and logistics fees from the owned fleet, and marketplace/sales support revenue, with a sales-led B2B go-to-market model pairing each customer with a dedicated account manager. Pricing is not publicly disclosed. Indus Holding Company has executed three disclosed acquisitions (Shredibles in 2019 and Lowell Farms plus Lowell Herb in February 2021) alongside approximately $89.1 million in disclosed funding across 2015, 2018, and 2019, with the company remaining private and operating California-only with 11-50 employees.

Name

Indus Holding Company

Legal name

Lowell Farms Inc.

Website

https://indusholdingco.com

Company type

Public

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Cannabis Supply Chain Services

akta.pro primary industry

Cannabis Wholesale Distribution (Flower, Extracts, Edibles) (CRAOAIAF)

Keywords

• Cannabis manufacturing
• Cannabis distribution
• Cannabis processing
• Supply chain services
• Cannabis logistics

Headquarters

HQ city

Salinas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Manufacturing and Processing Services: Provides high-quality manufacturing and processing services for cannabis brands. Revenue generated through processing fees and manufacturing service contracts.
2. Distribution and Logistics: Operates a fleet of delivery vehicles running daily routes throughout California from Salinas distribution center. Revenue generated through distribution fees and logistics service charges.
3. Sales Support and Marketplace: Provides sales support services and operates a marketplace platform for established customers to place orders. Revenue from sales support services and marketplace transaction facilitation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Indus Holding Company, through its operating subsidiary Lowell Farm Services, provides end-to-end cannabis supply chain services for licensed cannabis brands operating in California. The offering spans high-quality manufacturing and processing, statewide logistics and distribution via an owned delivery fleet, and sales support delivered by dedicated account managers and a user-friendly digital marketplace. All services are designed to provide long-term, multi-year infrastructure support to partner brands.

Product overview

Lowell Farm Services operates as a single unified platform offering integrated cannabis supply chain services. The portfolio consists of three interconnected core offerings: Manufacturing & Processing Services for production capabilities, Logistics & Distribution Services for statewide delivery via owned fleet, and Sales Support Services including dedicated account management and a digital marketplace. All services work together to provide white-glove, end-to-end support from extraction and manufacturing through sales, marketing, and distribution for partner cannabis brands in California.

Differentiator

Problem solved

Functional benefit

Products and services

• Manufacturing & Processing Services

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Dutchie: Cannabis e-commerce and marketplace platform providing online ordering, payments, and delivery logistics technology for dispensaries and brands. Comparable to Lowell's B2B marketplace and digital ordering platform component, which gives established customers a portal to place distribution orders from any device.
• Glass House Brands: California-based vertically integrated cannabis operator with cultivation, manufacturing, distribution, and retail operations. Comparable for California cannabis operations including wholesale distribution strategy and brand portfolio approach within the state.
• Eaze: California's largest cannabis delivery platform connecting consumers to licensed dispensaries via mobile and web. Comparable for California-focused cannabis delivery infrastructure and marketplace operations serving the state's regulated market.
• Gold Flora: California-based cannabis operator with cultivation, manufacturing, distribution, and retail across the state. Comparable for California wholesale distribution operations and vertically integrated cannabis services targeting retail customers.

Broad incumbents

• Cresco Labs: Multi-state cannabis operator focused on wholesale, retail, and a portfolio of branded products. Comparable for cannabis wholesale distribution strategy and brand portfolio approach across regulated US markets.
• Trulieve: Multi-state cannabis operator with strong retail presence and vertically integrated cultivation and processing. Comparable for cannabis wholesale distribution strategy and vertically integrated brand operations at meaningful scale.
• Cannabist (Columbia Care): Multi-state cannabis operator with cultivation, processing, and retail operations across multiple US states. Comparable for vertical integration and wholesale distribution in regulated cannabis markets.
• Harborside: Established California cannabis dispensary chain with multi-location retail and cultivation operations. Comparable for California cannabis market presence, brand portfolio strategy, and operating experience in the state's regulated environment.
• Curaleaf: Largest US multi-state cannabis operator with cultivation, processing, and retail across multiple states. Comparable for vertical integration in cannabis operations and multi-channel wholesale and retail distribution strategy.
• Green Thumb Industries: Multi-state cannabis operator with cultivation, processing, and retail operations across the US. Comparable for vertical integration, wholesale distribution infrastructure, and management of multiple cannabis brands.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/indusholdingco
• Facebookfacebook.com/indusholdingcompany

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indus Holding Company