Clever Leaves DOUBLES Portuguese Production & Fortifies Export Potential

BOCA RATON, Fla.— Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (” Clever Leaves” or the “Company”), a leading international operator and certified manufacturer of pharmaceutical-grade cannabinoids, today reveals the main licensing of its broadened greenhouse centers by the Portuguese regulative health authority, INFARMED, I.P. With the preexisting centers certified in August 2020, this brand-new turning point extends the certified growing footprint by roughly 150,000 square feet, more than doubling the center’s initial certified growing capability to an overall of almost 260,000 square feet of growing along with supporting post-harvest and other activities.

As an extension of the existing license for Clever Leaves’ Portuguese centers, the freshly gotten license from INFARMED offers the capability not just to increase industrial production at a greater quality requirement, however likewise for boosted research study and advancement abilities, consisting of the stabilization of brand-new pressures and the ongoing enhancement of present items through used research study.

Thus far, Clever Leaves has actually exported from their Portuguese centers to the United Kingdom, Australia, the United States, and Israel, each with unique item requirements and requirements. The extra greenhouse area will allow additional customizing of growing efforts towards country-specific guidelines, both increasing previous export ability and diversifying exports geographically.

” With a good beginning set of centers, Clever Leaves Portugal has actually attained historical turning points in the worldwide marijuana trade,” states Clever Leaves CEO Kyle Detwiler.

” However, we have actually gotten significant market understanding and experience because Clever Leaves’ beginning in 2016, and we instilled all of the lessons we have actually found out in building these brand-new Portuguese centers. With this newest licensing to our Portugal growth, we’re positive about the heights we’ll have the ability to reach in 2022 and beyond.”

Included in the list of abilities in the brand-new centers are improvements to temperature level control, wetness management, lighting, and co2 injection.

Production in the recently accredited centers has actually started, with very first industrial production anticipated to be market prepared as early as the 2nd or 3rd quarter of2022 Building advances Clever Leaves’ growth of its Portuguese post-harvest abilities, which is expected to be functional by the end of 2022.

About Clever Leaves Holdings Inc.

Clever Leaves is an international marijuana business with a focus on environmentally sustainable, massive growing and pharmaceutical-grade cannabinoid processing as the foundations of its international marijuana company. With operations and financial investments in the United States, Canada, Colombia, Germany and Portugal, Clever Leaves has actually developed an efficient circulation network and international footprint, with a structure built on capital effectiveness and quick development. Smart Leaves goals to be among the market’s leading worldwide marijuana business acknowledged for its concepts, individuals, and efficiency while cultivating a much healthier international neighborhood. Smart Leaves has actually gotten numerous global accreditations that have actually allowed it to increase its export and sales capability from its Colombian operations, consisting of European Union Good Manufacturing Practices (EU GMP) Certification, a Good Manufacturing Practices (GMP) Certification by Colombia National Food and Drug Surveillance Institute– Invima, and Good Agricultural and Collecting Practices (GACP) Certification. Creative Leaves was given a license in Portugal from INFARMED– the Portuguese health authority– which permits Clever Leaves to cultivate, import and export dry flower for medical and research study functions. In addition, the Portuguese operation was likewise given accreditation of compliance with GACP and IMC-GAP. To learn more, check out https://cleverleaves.com/en/home/ and follow Clever Leaves on Twitter and LinkedIn.

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