Tag: Clever Leaves

Debra BorchardtJuly 5, 2023
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4min00
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 […]

Debra BorchardtAugust 22, 2022
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10min00
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
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7min00
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 […]

Debra BorchardtFebruary 9, 2022
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6min00
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
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3min00
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
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5min00
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, 2021
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4min00
Clever 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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The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis


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