Lowell Farms Inc. Quarterly report pursuant to Section 13 or 15(d)

DEBT (Tables)

6 Months Ended

Jun. 30, 2022

(in thousands)	June 30,		December 31,
Current portion of long-term debt	2022		2021
Vehicle loans⁽¹⁾	$	30	$	50
Mortgage payable⁽²⁾		221		105
Note payable⁽³⁾		50		66
Total short-term debt		300		221

Long-term debt, net
Vehicle loans⁽¹⁾		6		28
Mortgage payable⁽³⁾		8,787		8,857
Convertible debenture⁽³⁾		14,400		14,012
Total long-term debt		23,193		22,897
Total Indebtedness	$	23,494	$	23,118
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(1) Primarily fixed term loans on transportation vehicles. Weighted average interest rate at June 30, 2022 and December 31, 2021 was 7.8%.
(2) Mortgage payable associated with the acquired processing facility. Weighted average interest rate at June 30, 2022 and December 31, 2021 was 12.5%.
(3) Net of deferred financing costs at June 30, 2022 and December 31, 2021 of $1,441 and $1,875, respectively.