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

INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2022

	Definite Life Intangibles			Indefinite Life Intangibles

	Technology/			Brands &
(in thousands)	Know How			Tradenames		Total
Costs
Balance—December 31, 2021	$	3,258		$	37,707	$	40,965
Business acquisition		-			-		-
Agreement termination		-			-		-
Balance—March 31, 2022	$	3,258		$	37,707	$	40,965

Accumulated Amortization
Balance—December 31, 2021	$	(209	)	$	-	$	(209	)
Agreement termination		-			-		-
Amortization		(82	)		-		(82	)
Other		-			-		-
Balance—March 31, 2022	$	(291	)	$	-	$	(291	)

Net Book Value
December 31, 2021	$	3,049		$	37,707	$	40,756

Net Book Value
March 31, 2022	$	2,967		$	37,707	$	40,674