Priority Status Highlights Government Support; Accelerates Execution of Strategic Projects and Regulatory Processes

NEW YORK, Sept. 23, 2020 (GLOBE NEWSWIRE) — Clever Leaves (the “Company”), a leading multi-national operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that its Colombian operations have been named a Project of National and Strategic Interests (“PINE”) by the Government of Colombia. The PINE designation highlights the Colombian government’s continued support of Clever Leaves’ work within the industry, as well as the importance of its economic contributions to Colombia and the growing medical cannabis industry. The PINE designation will offer Clever Leaves accelerated and simplified administrative processes as the Company continues to develop new products and services and bring them to market.

Clever Leaves has worked closely with the Colombian government since inception to commercialize and export high-quality Colombian cannabis, as well as finished and semi-finished medical cannabis products, with a focus on operational sustainability and high production standards. Clever Leaves has received multiple international quality certifications that have enabled it to increase its export capabilities from Colombia, including the first and only Good Manufacturing Practices (GMP) Certification by INVIMA to a cannabis company; Good Agricultural and Collecting Practices (GACP) Certification; and the only European Union Good Manufacturing Practices (EU GMP) Certification for a cannabis company in LATAM.

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