Clever Leaves IPO Presentation
Colombian Operations Driving Efficiencies
Optimal Growing Conditions
12 hours of daily sunlight year-
round; no need for artificial light
High elevation → improved pest
mitigation
Rainwater collection supplies 2/3
of water needs
No de-humidifiers or HVAC
Note: 1 ha: 107,639 sq. ft
40,000 sq. ft. post-
harvest processing
facility
1.8M sq. ft. of licensed greenhouses
GACP-certified in May 2020
EU GMP-certified in July 2020
Cost Advantages
Low labor cost and minimum
wage(<$2.00/hour vs. $8.00-
$12.00/hour in Canada)
Current Cultivation and Extraction
Labor and production
efficiencies help drive gross
margin benefits
f
Limited Capex
Existing cultivation capacity
sufficient for near-term
commercial needs, including
flower exports
CLEVER
LEAVES
EU GMP-certified facility with
108,000 kg per year of dry
flower extraction capacity
EU GMP-certified in July 2020
INVIMA GMP-certified
(Colombia / LatAm)
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