Good day. Welcome to the Lowell Farms Inc. fourth quarter and year-end 2022 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on a touch-tone phone. To withdraw your question, please press star then two. Please note this event is being recorded. I would now like to turn the conference over to Bill Mitoulas, Investor Relations. Please go ahead. Good afternoon, and welcome to the conference call to discuss the Lowell Farms Incorporated financial results for the fiscal fourth quarter and year-end of 2022. Before we begin, please let me remind you that during the course of this conference call, Lowell Farms Incorporated's management may make forward-looking statements. These forward-looking statements are based on current expectations that are subject to risks and uncertainties that may cause actual results to differ materially from expectations. These risks are outlined in the Risk Factors section of our Form-10 filed on EDGAR and our listing statement filed on SEDAR. Any forward-looking statements should be considered in light of these factors. Please also note that any outlook we present is as of today. Management does not undertake any obligation to revise any forward-looking statements into the future. This call includes Ann Lawrence, newly appointed Chairperson of the Board for Lowell Farms, Mark Ainsworth, Co-Founder and Chief Executive Officer, as well as Chief Financial Officer Brian Shure, who will go into details about the company's financial results for the quarter later in the call. The Q&A portion of this call will be open to analyst questions to provide further insight into the company's performance, operations, and go-forward strategy. They will not be answering any questions that relate to the pending transaction. For those of you who may happen to leave the call before its conclusion, please be advised that this conference call will be recorded and archived on our Investor Relations website page. Now I'll hand the call over to Ann. Ann, please go ahead. Thanks, Bill, and thank you for joining the Lowell Farms earnings call. I wanted to take a moment to provide insight into our recent press release announcing the execution of a binding letter of intent to sell the intellectual property relating to the Lowell brand and the Lowell 35's pre-rolls, as well as the rationale behind the decision. On January 12th of this year, the company announced that it had retained Canaccord Genuity Corp. to assist in its ongoing review of strategic alternatives. The Board of Directors formed a special committee of independent directors to explore, review, and evaluate strategic alternatives available to the company to maximize shareholder value. The special committee was chaired by myself and Summer Frein, another independent member of the Board of Directors. The special committee undertook a range of activities to enhance the company's working capital position, including a reduction of the company's workforce, as well as renegotiating contract terms with landlords, customers, suppliers, and trade creditors. The special committee also considered strategic alternatives to address the pending maturity of the company's senior secured convertible debentures issued in April 2020 and August 2022, which mature later this year in October, at which time an aggregate amount of approximately $23,675,000 comprised of principal and interest will be due and payable. During this process, the special committee received a proposal from the company's then Chairman, George Allen, on behalf of Geronimo Capital LLC as collateral agent of the debentures. This proposal offered to settle the debenture obligations in exchange for certain intellectual property assets and shares of the company. The special committee, together with its advisors, negotiated the debt settlement terms, which ultimately resulted in the execution of the LOI. The special committee has concluded that there are no viable alternatives available on commercially reasonable terms that would be more likely to improve the financial situation of the company as compared to the proposed transaction, the net effect of which will be to eliminate all amounts owing pursuant to the debentures. The LOI between Lowell Farms and Geronimo Capital sets out the general terms of the transaction, and the parties have agreed to negotiate the precise terms leading to definitive agreements in the next couple of weeks. I would like to provide you with a few material details of the transaction. First, Lowell Farms will be relieved of all amounts outstanding under the debentures, leaving the company essentially debt-free other than an existing mortgage on one of our real property licensed facilities. The company will sell the intellectual property arising out of or relating to Lowell Herb Co. products, including Lowell Smokes and Lowell 35's pre-rolls, as well as the existing out-of-state license agreements. The company will continue to be the exclusive manufacturer and distributor of the Lowell brand within the state of California and will have a minimum 42-month exclusive license agreement for use of the Lowell Smokes and Lowell 35's brands within the state. The new entity formed by Geronimo Capital will acquire approximately 111 million shares of the company's subordinate voting shares, representing in the aggregate an amount equal to no more than 49% of the then issued and outstanding number of subordinate voting shares. Throughout this process, our goal was to reach the best outcome for the benefit of the company, our team of employees, and our shareholders. We received interest from many parties, fielded thorough due diligence from prospective suitors, and evaluated multiple offers with varying structures. The special committee ultimately determined the best offer for existing Lowell Farms investors was to sign an LOI with Geronimo. When this transaction closes, I believe Lowell Farms will be uniquely positioned to refocus and capitalize on market opportunities within the industry. The company is continuing to work with Canaccord to explore opportunities in the market. With that, I'll turn it over to Mark, who will go over fourth quarter and our year-end operational results. Mark, please go ahead. Good afternoon, everyone. Thank you, Ann. I would like to jump into our Q4 earnings call and share the progress of Lowell 35's pre-rolls. Lowell Herb Co.'s 35 pre-rolls product started Q4 with sales in 16 retail stores in California, and by the end of Q4 2022 had expanded to selling into 215 retail stores. In Q3 2022, 35's revenue was $86,000, and in Q4 2022, revenue increased to approximately $800,000. During this period, we also introduced three additional SKUs of 35's, bringing the total product line to six SKUs. This is a great accomplishment for our team, demonstrating excellent execution and efficient use of our vertical infrastructure. The overall Lowell pre-roll category had an 11.4% quarter-over-quarter growth, with revenue of approximately $2.59 million in Q3 2022 and $2.89 million in Q4 2022. Moving on to the remaining categories in our CPG portfolio of own brands. Revenues fell approximately 14% with Q3 2022 revenue of approximately $6.3 million and Q4 2022 revenue of approximately $5.4 million. We attribute the decline in revenue partly to the contraction of overall retail sales in California and partly to our concentrated effort to improve the integrity of our cash flow by tightening customer credit terms and employing credit holds to enforce payment arrangements. Our team has done an excellent job establishing new policies and progresses to safeguard against potential credit risks from retailers. Agency and distributed brands revenue fell from approximately $180,000 in Q3 2022 to approximately $158,000 in Q4 2022. The past several quarters, we have reduced our agency and eliminated our distributed brand partners due to unfavorable economics. In Q4, we have brought on one new distributed brand client under new agreements with favorable terms. Regarding bulk sales, our strategy for the quarter was to divert a portion of biomass from CPG sales to our bulk sales team. Historically, retailers tend to tail off in the remaining three weeks of the year to lean out inventory as they prepare for year-end taxes. This strategy aimed to shorten the credit cycle as bulk sales are on COD terms. The team sold approximately 6,400 lbs of finished flower from our cultivation, generating revenue of approximately $2.8 million, a sequential increase of approximately 42% over the prior quarter's $1.9 million. This positive result was due to a slight increase in the average price per pound in the period. Moving to the cultivation. Our operations have demonstrated consistent year-over-year results, producing approximately 8,369 lbs of finished flower with an average potency of 27.6%. In 2022, the total cultivation output was roughly 37,000 lbs of our flower. Our grow team is continuously refining genetics to improve performance in our grow houses and align with our bulk and retail channels. Regarding Lowell Farm Services, we processed approximately 200,000 lbs of wet weight biomass during the period, and approximately 130 lbs of biomass coming from our Zavala cultivation site, and approximately 70,000 lbs from third-party clients. Our processing team also trimmed approximately 11,000 lbs of finished flower in the period. During the previous period, Q3, farm services processed 160,000 lbs of wet weight flower, with Zavala cultivation contributing approximately 135,000 lbs of wet weight biomass and a delta of approximately 24,000 lbs coming from third-party clients. Revenue in the period at LFS was approximately $549,000, up approximately 116% from the previous period's revenue of $254,000. Lowell Farms launched new out-of-state licensing partnerships in Colorado and New Mexico in November. Total out-of-state licensing revenues of approximately $289,000 in Q4 2022. This was a decline of approximately 7% from the previous quarter's out-of-state licensing revenues of approximately $310,000. During the period, the total number of classic Lowell Smokes packs sold was approximately 63,000, which was slightly down from approximately 64,000 units sold in the prior period. Toward the end of the period, we initiated cost-saving measures that continue into Q1 2023 in response to the consecutive decline in revenue. As part of this effort, we implemented a reduction in force that impacted eight employees at varying levels, resulting in an annual savings of approximately $550,000. I will turn it over to Brian. Thank you, Mark, and good afternoon, everyone. Before I begin, please note that we are reporting our Q4 and fiscal year 2022 financial results in U.S. GAAP. A portion of my commentary will be on a non-GAAP basis. Please refer to today's earnings release for a full reconciliation of GAAP to non-GAAP results. We report all figures in U.S. dollars unless otherwise indicated. I would also note that these results are audited and that our annual report, Form 10-K, will be filed presently with the SEC and CSE. We are reporting Q4 revenue of $9.3 million, up 7% sequentially and down 38% year-over-year. CPG revenue declined 7% sequentially to $5.7 million and declined 35% year-over-year. Despite the decline in CPG revenue, Lowell brand revenues remained strong, finishing the year at $19.6 million. Lowell brand revenues were 83% of CPG revenues in the current quarter, compared to 82% last quarter, and represented 69% of CPG revenues in the current year, compared to 52% of CPG revenues in the prior year. Bulk flower revenue increased 42% sequentially to $2.8 million and increased 66% year-over-year. The increase from Q3 is due to both pricing increases as well as volume increases. Lowell Farm Services revenue increased to $0.5 million, compared to $0.3 million in the prior quarter. LFS revenue for the year was $3.7 million, compared to $4.6 million in the prior year. Out-of-state licensing revenue decreased 7% sequentially to $0.3 million, and decreased 4% comparing the full-year 2022 to 2021. 2022 out-of-state licensing revenue was $1.6 million. Margin as reported was negative 32.4% in the fourth quarter, compared to negative 21.9% sequentially and negative 12.3% year-over-year. In the fourth quarter, the margin decline was due to inventory write-downs, prior period variances, selling aged bulk flower below cost and lower volumes in CPG sales. On an annual basis, year-to-date gross margin as reported was negative 4.2%, compared to positive 4.6% in the prior year. Excluding the effect of the adjustments identified above, gross margins would have been 6.0% for the year. Operating expenses were $3.4 million or 37% of sales for the quarter, compared to $3.3 million or 38% of sales in Q3 this year, and $6.3 million or 42% of sales in the fourth quarter last year, reflecting cost reductions realized year-over-year. The operating loss in the fourth quarter was $6.4 million, compared to an operating loss of $5.2 million sequentially and an operating loss of $8.2 million year-over-year, reflecting lower margins in the current quarter. Net loss for the fourth quarter was $11.1 million compared sequentially to a net loss of $4.8 million, which compares to a net loss of $10 million in the fourth quarter last year. Adjusted EBITDA in the fourth quarter was negative $4.1 million compared sequentially to adjusted EBITDA of negative $3.5 million and adjusted EBITDA of negative $5.4 million year-over-year. Adjusted EBITDA for the year was negative $9.6 million compared to negative $14.4 million in 2021. Without the impact of the adjustments itemized above, adjusted EBITDA for the year would have been negative $5.1 million. Turning to the balance sheet, working capital was negative $13.1 million at the end of the year compared to $21.3 million at the end of 2021. Included in the 2022 working capital is $21.4 million of net convertible debentures. Excluding these from working capital, there is $8.3 million of working capital at the end of 2022. The company had $1.1 million in cash compared to $3.3 million at the end of the third quarter. Capital expenditures of $1.3 million were incurred in the fourth quarter and were used primarily for the purchase of additional equipment for the Lowell 35's. With that, I'll turn the call over to the operator for questions. Thank you. We will now begin the question and answer session. To ask a question, you may press star then one on your touch- tone phone. If you're using a speaker phone, please pick up your handset before pressing the keys. If at any time your question has been addressed and you would like to withdraw your question, please press star then two. At this time, we will pause momentarily to assemble a roster. As we have no questions, this concludes our question and answer session. I would like to turn the conference back over to Mark Ainsworth for any closing remarks. Thank you again for joining the call and taking the time to get an update on our business. We look forward to talking to you on our next earnings call.