Clever Leaves to Ring the NASDAQ Closing Bell today, December 21st at 3:45pm EST
21 Dezember 2020 - 7:05PM
Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves”
or the “Company”), a leading multi-national operator and licensed
producer of pharmaceutical-grade cannabinoids, announced that Chief
Executive Officer, Kyle Detwiler, and other members of the
management team, will ring the Nasdaq Closing Bell remotely from
across its various global offices today.
The Clever Leaves closing bell ceremony will be broadcast live
starting at 3:45pm Eastern Time at
https://www.nasdaq.com/marketsite/bell-ringing-ceremony. The
Company is newly listed and its securities began trading on Nasdaq
on December 18, 2020 following the completion of its business
combination with Schultze Special Purpose Acquisition Corp.
(“SAMA”).
“Today is a momentous day and a great honor to be one of the few
Nasdaq-listed cannabis companies. We are proud of what we have
accomplished to date in achieving an industry-leading position
through our high-quality EU GMP certified operations and scalable
cultivation and extraction capacity. Our business combination with
SAMA and listing on Nasdaq present a great opportunity to
accelerate the commercialization of our high-quality products as
well as expand our operations and distribution in attractive
markets around the world. We appreciate the continued dedication of
our employees and support from our investors, and are excited to be
celebrating this monumental next step with them,” said Kyle
Detwiler, CEO of Clever Leaves.
About Clever Leaves International Inc.Clever
Leaves is a multi-national cannabis company with a mission to
operate in compliance with federal and state laws and with an
emphasis on ecologically sustainable, large-scale cultivation and
pharmaceutical-grade processing as the cornerstones of its global
cannabis business. With operations and investments in the United
States, Canada, Colombia, Germany and Portugal, Clever Leaves has
created an effective distribution network and global footprint,
with a foundation built upon capital efficiency and rapid growth.
Clever Leaves aims to be one of the industry’s leading global
cannabis companies recognized for its principles, people, and
performance while fostering a healthier global community. For more
information, please
visit https://cleverleaves.com/en/home/.
Forward Looking StatementsThis press release
includes forward-looking statements that involve risks and
uncertainties. Forward-looking statements are statements that are
not historical facts and may be identified by the words
“estimates,” “projected,” “expects,” “anticipates,” “forecasts,”
“plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,”
“future,” “propose” and variations of these words or similar
expressions (or the negative versions of such words or
expressions). Such forward-looking statements are subject to risks
and uncertainties, which could cause actual results to differ from
the forward-looking statements. Factors that may cause such
differences include, without limitation, the inability to recognize
the anticipated benefits of the Business Combination; the ability
to continue to meet Nasdaq’s listing standards following the
consummation of the Business Combination; expectations with respect
to future operating and financial performance and growth, including
if or when Clever Leaves will become profitable; Clever Leaves’
ability to execute its business plans and strategy and to receive
regulatory approvals; potential litigation involving the parties;
global economic conditions; geopolitical events, natural disasters,
acts of God and pandemics, including, but not limited to, the
economic and operational disruptions and other effects of COVID-19;
regulatory requirements and changes thereto; access to additional
financing; and other risks and uncertainties indicated from time to
time in filings with the SEC. The foregoing list of factors is not
exclusive. Additional information concerning certain of these and
other risk factors is contained in the Company’s and SAMA’s most
recent filings with the SEC and is contained in the final
prospectus and definitive proxy statement, filed with the SEC by
the Company and SAMA, respectively, on November 27, 2020. All
subsequent written and oral forward-looking statements concerning
the Company, SAMA or Clever Leaves International Inc. (“Clever
Leaves International”), the transactions described herein or other
matters and attributable to the Company, SAMA, Clever Leaves
International or any person acting on their behalf are expressly
qualified in their entirety by the cautionary statements above.
Readers are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date made.
Each of the Company, SAMA and Clever Leaves International expressly
disclaims any obligations or undertaking to release publicly any
updates or revisions to any forward-looking statements contained
herein to reflect any change in their expectations with respect
thereto or any change in events, conditions or circumstances on
which any statement is based.
Investor RelationsSean Mansouri, CFA or Cody SlachGateway
Investor RelationsCLVR@gatewayir.com(949)
574-3860
Media RelationsKCSA Strategic CommunicationsMcKenna
Millermmiller@kcsa.com(347) 487-6197
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