FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Allen George
2. Date of Event Requiring Statement (Month/Day/Year)
05/08/2021
3. Issuer Name and Ticker or Trading Symbol
Lowell Farms Inc. [LOWLF]
(Last)
(First)
(Middle)
C/O LOWELL FARMS INC., 19 QUAL RUN CIRCLE, SUITE B
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SALINAS, CA 93907
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Subordinate Voting Shares 267,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Convertible Debenture of Indus Holding Company 07/01/2020 10/13/2023 Subordinate Voting Shares (1) 3,804,303 (2) $ 0.2 I . (3)
Convertible Debenture of Indus Holding Company 07/01/2020 10/13/2023 Subordinate Voting Shares (1) 800,063 (2) $ 0.2 I . (4)
Convertible Debenture of Indus Holding Company 07/01/2020 10/13/2023 Subordinate Voting Shares (1) 52,537,438 (2) $ 0.2 I . (5)
Warrants (right to buy) 12/21/2020 12/21/2023 Subordinate Voting Shares 133,500 $ 1.81 (6) D  
Warrants (right to buy) 07/01/2020 10/13/2023 Subordinate Voting Shares 3,804,303 $ 0.28 I . (3)
Warrants (right to buy) 07/01/2020 10/13/2023 Subordinate Voting Shares 800,063 $ 0.28 I . (4)
Warrants (right to buy) 07/01/2020 10/13/2023 Subordinate Voting Shares 52,537,438 $ 0.28 I . (5)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Allen George
C/O LOWELL FARMS INC.
19 QUAL RUN CIRCLE, SUITE B
SALINAS, CA 93907
  X   X    
Geronimo Capital LLC
C/O LOWELL FARMS INC.
19 QUAL RUN CIRCLE, SUITE B
SALINAS, CA 93907
    X    

Signatures

/s/ George Allen 05/10/2021
**Signature of Reporting Person Date

/s/ George Allen, as Sole Member of Geronimo Capital LLC 05/10/2021
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The principal amount of each Convertible Debenture is convertible into Class C Common Shares of Indus Holding Company ("Class C Common Shares"). Class C Common Shares may be redeemed at the option of the holder for Subordinate Voting Shares of the issuer on a one-for-one basis in accordance with the certificate of incorporation of Indus Holding Company. Class C Common Shares may be redeemed at any time and have no expiration date.
(2) Interest accrues on the Convertible Debentures and is payable quarterly in arrears; any accrued and unpaid interest at the time of conversion of a Convertible Debenture is convertible into additional Class C Common Shares at $0.20 per share.
(3) Geronimo Capital is the record holder of the Convertible Debenture and warrants.
(4) CVOF Manager is the record holder of the Convertible Debenture and warrants. Mr. Allen disclaims beneficial ownership of the Convertible Debenture and warrants held by CVOF Manager except to the extent of his pecuniary interest therein. Geronimo Capital disclaims beneficial ownership of the Convertible Debenture and warrants held by CVOF Manager.
(5) Geronimo Fund is the record holder of the Convertible Debenture and warrants. Mr. Allen disclaims beneficial ownership of the Convertible Debenture and warrants held by Geronimo Fund except to the extent of his pecuniary interest therein. Geronimo Capital disclaims beneficial ownership of the Convertible Debenture and warrants held by Geronimo Fund.
(6) 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.
 
Remarks:
This Form 3 is filed on behalf of George Michael Harden Allen and Geronimo Capital LLC ("Geronimo Capital"). Mr. Allen is the sole member of Geronimo Capital and the sole manager of Geronimo CVOF Manager, LLC ("CVOF Manager"). CVOF Manager is the sole manager of Geronimo Central Valley Opportunity Fund, LLC ("Geronimo Fund").

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.