Adam JacksonAugust 14, 2023
The growth mainly stemmed from sustained sales of the company’s extract products.
Tag: Clever Leaves
Adam JacksonAugust 14, 2023
Debra BorchardtJuly 5, 2023
Curaleaf International, part of Curaleaf Holdings (CSE:CURA) announced that its wholly owned subsidiary, Terra Verde LDA, will buy the assets of Clever Leaves‘ EU-GMP certified cannabis processing facility in Setubal, Portugal. The deal was valued at €2.5 million. Streamlining Ops Curaleaf International said the acquisition will enable it to streamline its operations and accelerate the seed-to-sale […]
Adam JacksonMarch 31, 2023
Company plans to exclusively cultivate and produce its cannabinoid products in Colombia.
Debra BorchardtAugust 22, 2022
As markets mature in the U.S., some companies are turning their focus to Germany. Canadian companies have faced tremendous competition causing many business models to break down. Too many licenses and plunging prices have forced several companies to merge or restructure. In the U.S., the California market is in disarray over outrageous taxes and a […]
Adam JacksonAugust 11, 2022
Clever Leaves Holdings Inc. (NASDAQ: CLVR) slid in trading on Thursday as the missed revenue expectations — showing how softening sales and dried financing punches holes in the cannabis sector and pushes them toward opportunities abroad. The multi-state cannabis operator reported its financial results for the first quarter ending June 30, 2022. Clever Leaves delivered […]
Adam JacksonAugust 2, 2022
Clever Leaves (NASDAQ: CLVR) could become one of the world’s top five cannabinoid exporters by the end of this year, according to a new report by Cantor Fitzgerald analyst Pablo Zuanic. The findings come a week ahead of the company’s second-quarter earnings release and half a year since CEO Andres Fajardo was tapped to lead […]
Debra BorchardtFebruary 9, 2022
Clever Leaves Holdings Inc. (NASDAQ: CLVR) announced a big cash burn, rising net losses, and a new CEO. The global cannabis company released its preliminary unaudited financial results for the fourth quarter and full-year ended December 31, 2021, along with its 2022 outlook. In the fourth quarter, Clever Leaves said its revenue is expected to […]
StaffJanuary 26, 2022
Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) is launching its consumer-oriented CBD line JoySol. The products are produced by Arizona-based Herbal Brands, Inc., an established consumer goods manufacturer, wholesaler and direct-to-consumer e-tailer and a wholly-owned subsidiary of Clever Leaves. Clever Leaves acquired Herbal Brands in 2019. Since the acquisition, Herbal Brands has expanded its access […]
StaffJuly 20, 2021
Clever Leaves Holdings Inc. (Nasdaq: CLVR) closed on $25 million in financing from Catalina LP, an affiliate of SunStream Bancorp Inc., a joint venture initiative sponsored by Sundial Growers Inc. (Nasdaq: SNDL). Clever Leaves also repaid the outstanding principal amount of the secured convertible notes due March 30, 2022. Clever Leaves also recently joined the […]
StaffJune 17, 2021Clever Leaves Holdings Inc. (NASDAQ: CLVR) said it has entered into an active pharmaceutical ingredient supply agreement with CBD Life Holding SAPI de CV, an emerging leader in the Mexican cannabis industry which offers a line of CBD Wellness and consumer products and medical cannabis products which are under development. The partnership is Clever Leaves’ […]
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