Clever Leaves Holdings Inc at Benzinga Cannabis Capital Conference (Virtual) - Panel Discussion Transcript

Oct 15, 2021 / 06:10PM GMT
Unidentified Analyst

Yes, it is now my esteemed pleasure to bring on from Clever Leaves CEO Kyle Detwiler. Kyle, come on out. Let's get a big round of applause for Kyle. All right, take it away, Kyle.

Kyle Detwiler - Clever Leaves Holdings Inc. - Chairman of the Board & CEO

Great. Thanks. Good morning, everyone. Or as we might say at Clever Leaves, [buen dia]. I'm excited to tell you about what we're building at Clever Leaves.

And to start this story, Clever Leaves was really built with a very simple idea in mind. And that is that cannabis production facilities were not first built in places where it made economic or environmental sense. They were built where it was first legal. And that creates an opportunity for a global scaled platform to disrupt that sector by bringing low-cost pharmaceutical-grade cannabis to the global markets.

So what is Clever Leaves? Clever Leaves derives one of its main competitive advantages of $0.14 per gram of cultivation production by locating its cultivation in places like Colombia and Portugal. We have approximately

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