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Clever Leaves Expands in Brazil Through Multi-Year Supply Agreement with GreenCareClever Leaves Received an Initial $2M Payment Upon Signing the $4M “take or pay” AgreementGlobeNewswireNovember 23, 2020NEW YORK, Nov. 23, 2020 (GLOBE NEWSWIRE) -- Clever Leaves International Inc. (“Clever Leaves”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that it has entered into a commercial agreement with GreenCare, a leading pharmaceutical company in education and medicine, access, and distribution of products in the Brazilian cannabinoids market, to license and distribute certain Clever Leaves’ white label finished cannabis-derived products. The products that will be delivered to GreenCare will be manufactured in Clever Leaves’ EU-GMP certified facilities in Colombia.
Source: AsiaOne