Clever Leaves IPO Presentation

Significant Progress in a Lengthy Sales Cycle A complex and lengthy sales process (between 12-24 months).... Identify Prospective Customer Quality Systems Audit Product Specifications Developed & Country- Specific Regulatory Path Determined Initial Pathfinder Shipment New Supply Agreement Secured O Country- Specific Regulatory Approval Validation of Product Quality - Rigorous Testing 1st Commercial Shipment Apply for & Obtain Export & Import Permits O Expect to Achieve Repeat/Regular Purchase Orders Receive Market CLEVER LEAVES Feedback, Achieve Acceptance ...leads to a distinct competitive advantage with recurring, high-margin revenue 5

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