Clever Leaves to Join Russell Microcap Index in June 2021
14 Juni 2021 - 2:00PM
Clever Leaves Holdings Inc. (Nasdaq: CLVR) (“Clever Leaves” or the
“Company”), a multinational operator, or MNO, and licensed producer
of pharmaceutical-grade cannabinoids, announced that it is set to
join the Russell Microcap® Index, effective at market open in the
United States on June 28, 2021, upon the conclusion of the Russell
indexes’ annual reconstitution. The decision was first disclosed in
a preliminary list of additions published by the FTSE Russell on
June 4, 2021.
Membership in the Russell Microcap Index, which remains in place
for one year, means automatic inclusion in the appropriate growth
and value style indexes. FTSE Russell determines membership for its
Russell indexes primarily by objective, market-capitalization
rankings and style attributes.
“Joining the Russell Microcap Index marks an important milestone
for Clever Leaves as we receive recognition from one of the most
prominent index providers followed by investment managers across
the globe,” said Kyle Detwiler, CEO of Clever Leaves. “Inclusion in
the index will strengthen our existing foundation of institutional
ownership, benefitting our shareholders with improvements in
liquidity and visibility. We look forward to making further
progress on our strategic objectives to create additional value for
our shareholders in the months ahead.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $10.6 trillion in
assets are benchmarked against Russell’s US indexes. Russell
indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell Microcap® Index and the
Russell indexes reconstitution, go to the “Russell Reconstitution”
section on the FTSE Russell website.
About Clever Leaves Holdings
Inc.
Clever Leaves is a multinational cannabis company 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. Clever
Leaves has received multiple international certifications that have
enabled it to increase its export and sales capacity from its
Colombian operations, including 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. Clever Leaves was granted a license in
Portugal from Infarmed – the Portuguese health authority – which
allows Clever Leaves to cultivate, import and export dry flower for
medicinal and research purposes. In addition, the Portuguese
operation was granted certification of compliance with GACP and
IMC-GAP.
For more information, please visit
https://cleverleaves.com/en/home/ and follow us on LinkedIn.
About FTSE Russell
FTSE Russell is a global index leader that
provides innovative benchmarking, analytics and data solutions for
investors worldwide. FTSE Russell calculates thousands of indexes
that measure and benchmark markets and asset classes in more than
70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively
by institutional and retail investors globally. Approximately $17.9
trillion is currently benchmarked to FTSE Russell indexes. For over
30 years, leading asset owners, asset managers, ETF providers and
investment banks have chosen FTSE Russell indexes to benchmark
their investment performance and create ETFs, structured products
and index-based derivatives.
A core set of universal principles guides FTSE Russell index
design and management: a transparent rules-based methodology is
informed by independent committees of leading market participants.
FTSE Russell is focused on applying the highest industry standards
in index design and governance and embraces the IOSCO Principles.
FTSE Russell is also focused on index innovation and customer
partnerships as it seeks to enhance the breadth, depth and reach of
its offering.
FTSE Russell is wholly owned by London Stock Exchange Group.
Clever Leaves Investor
Inquiries:Cody Slach and Jackie KeshnerGateway Investor
Relations+1949-574-3860CLVR@gatewayir.com
Clever Leaves Press
Contacts:McKenna MillerKCSA Strategic
Communications+1347-487-6197mmiller@kcsa.com
Diana SigüenzaStrategic Communications
Director+57310-236-8830diana.siguenza@cleverleaves.com
Clever Leaves Commercial
Inquiries:Andrew MillerVice President Sales - EMEA, North
America, and
Asia-Pacific+1416-817-1336andrew.miller@cleverleaves.com
Clever Leaves (NASDAQ:CLVR)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Clever Leaves (NASDAQ:CLVR)
Historical Stock Chart
Von Jul 2023 bis Jul 2024