Clever Leaves SPAC Presentation Deck
Ideally Suited for Industrial Scale Production
(US$)
Canadian oil sands
Cash cost per barrel: $26.64
71kg CO₂ per barrel
VS
Saudi oil fields
Cash cost per barrel: $8.98
27kg CO₂ per barrel
Cost
Advantage:
3x
US manufacturing
Hourly manufacturing worker wage
(2019): $27.70
Average workday: 8.3 hours
VS
Chinese manufacturing
Hourly manufacturing worker
wage (2019):~$5.00
Average workday: 8.9 hours
5x
Note: 1.38 CAD:1.00 USD as of 05/29/20
Sources: Bureau of Labor Statistics, Health Canada, St. Louis Fed. The Colombian Ministry of Justice, WSJ barrel
breakdown (2016), National Bureau of Statistics of China (249 workdays in 2019 via china.workingdays.org)
(1) Based on median temperature and hours of daylight for major cities for coldest month of the year
Canadian cannabis
20°F (1) / 6.3 hours of daylight (¹)
Average cost per gram of $1.71 (2)
Licensed cannabis companies: 250+
Average elevation: 567 ft
VS
Colombian cannabis
65°F (3) / 12 hours of daylight (4)
Average cost per gram of $0.20 (5)
Licensed producers: 5-30 (5)
Average elevation: 8,300 ft
CLEVER
LEAVES
8x
(2) Average of Aphria, Aurora, OrganiGram and Tilray: source: Most recent company filings. Refer to filings for more detail
on breakdown of costs
7
(3) Average temperature for coldest month of the year
(4) Winter statistic
(5) Reflects Management's estimatesView entire presentation