Clever Leaves Holdings Inc. (CLVR)

NASDAQ: CLVR · IEX Real-Time Price · USD
2.460
+0.110 (4.68%)
At close: May 14, 2024, 4:00 PM
2.420
-0.040 (-1.63%)
Pre-market: May 15, 2024, 7:56 AM EDT
4.68%
Market Cap 4.32M
Revenue (ttm) 17.42M
Net Income (ttm) -17.90M
Shares Out 1.75M
EPS (ttm) -11.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 35,295
Open 2.350
Previous Close 2.350
Day's Range 2.350 - 2.540
52-Week Range 1.380 - 8.400
Beta 1.71
Analysts Hold
Price Target 24.00 (+875.61%)
Earnings Date May 28, 2024

About CLVR

Clever Leaves Holdings Inc. operates in the botanical cannabinoid and nutraceutical industries. The company operates through two segments, Cannabinoid and Non-Cannabinoid. The Cannabinoid segment cultivates, extracts, manufactures, commercializes, and distributes cannabinoid products comprising cannabis flowers, cannabidiol isolates, full spectrum and standardized extracts, and dry smokable flowers internationally. The Non-Cannabinoid segment formulates, manufactures, markets, sells, distributes, and commercializes nutraceutical and other natur... [Read more]

Sector Healthcare
Founded 2016
Employees 296
Stock Exchange NASDAQ
Ticker Symbol CLVR
Full Company Profile

Financial Performance

In 2023, CLVR's revenue was $17.42 million, an increase of 6.14% compared to the previous year's $16.41 million. Losses were -$17.90 million, -72.95% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for CLVR stock is "Hold" and the 12-month stock price forecast is $24.0.

Price Target
$24.0
(875.61% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Clever Leaves Announces Voluntary Delisting and SEC Deregistration

TOCANCIPÁ, Colombia, April 26, 2024 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, today announced that ...

18 days ago - GlobeNewsWire

Clever Leaves Reports Fourth Quarter and Full Year 2023 Results

- 2023 Revenue Increased 6% Year-Over-Year, with a 39% Increase in Full-Year Cannabinoid Revenue - - Drove Year-over-Year General and Administrative Expense Reductions of 26% in Q4 2023 and 24% for th...

6 weeks ago - GlobeNewsWire

High Growth: Top Pot Stocks Making Moves into March 2024

As the cannabis industry continues to flourish in the United States, investors are keenly watching the market for top-performing marijuana stocks. With the industry projected to reach a staggering $30...

Other symbols: IMCC
2 months ago - MarijuanaStocks

Clever Leaves and Paradise Seeds to Develop and Register Genetic Assets in Colombia

TOCANCIPÁ, Colombia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, announced today that t...

3 months ago - GlobeNewsWire

Clever Leaves Granted Australian GMP Certification for Cannabis Products by the Therapeutic Goods Administration (TGA)

Multinational operator has been granted Australian GMP certification by the TGA for the manufacturing of cannabis products.

4 months ago - GlobeNewsWire

Clever Leaves Holdings Inc. Investor Reminder: Robbins LLP is Investigating Clever Leaves Holdings Inc. on Behalf of Investors

SAN DIEGO--(BUSINESS WIRE)---- $CLVR #CleverLeavesHoldingsInc--Clever Leaves Holdings Inc. Investor Reminder: Robbins LLP is Investigating Clever Leaves Holdings Inc. on Behalf of Investors.

5 months ago - Business Wire

Robbins LLP Reminds Investors it is Investigating Clever Leaves Holdings Inc. on Behalf of Shareholder

SAN DIEGO--(BUSINESS WIRE)---- $CLVR #CleverLeavesHoldingsInc--Robbins LLP Reminds Investors it is Investigating Clever Leaves Holdings Inc. on Behalf of Shareholder.

5 months ago - Business Wire

Calling All Clever Leaves Holdings Inc. (CLVR) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses

NEW YORK--(BUSINESS WIRE)---- $CLVR #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Schultze Special Purpose Acquisi...

5 months ago - Business Wire

Clever Leaves Reports Third Quarter 2023 Results

- Q3 Revenue Increased 33% Year-Over-Year, Propelled by 135% Year-Over-Year Growth in Cannabinoid Revenue, Along with 6% Year-Over-Year Growth in Non-Cannabinoid Revenue -

6 months ago - GlobeNewsWire

Clever Leaves to Hold Third Quarter 2023 Conference Call on Thursday, November 9, 2023 at 5:00 p.m. ET

TOCANCIPÁ, Colombia, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, will hold a conference...

6 months ago - GlobeNewsWire

Schultze Special Purpose Acquisition Corp. II Will Redeem Its Public Shares and Will Not Consummate an Initial Business Combination

Rye Brook, New York, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Schultze Special Purpose Acquisition Corp. II (Nasdaq: SAMA) (the “Company”) today announced that it will redeem all of the outstanding shares o...

8 months ago - GlobeNewsWire

Clever Leaves Regains Compliance with Nasdaq Minimum Bid Price Requirement

TOCANCIPÁ, Colombia, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, announced that it rec...

8 months ago - GlobeNewsWire

Clever Leaves Cannabis Operations Declared Carbon Neutral; a First for a Vertically Integrated Medicinal Cannabis Company

The CO2 Neutrality Certification Reflects Clever Leaves' Commitment to Environmental Sustainability and long-term vision for the cannabis industry.

9 months ago - GlobeNewsWire

Clever Leaves Announces 1-For-30 Reverse Stock Split to Aid Compliance with Nasdaq Listing Requirements

TOCANCIPÁ, Colombia, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, announced that its Boa...

9 months ago - GlobeNewsWire

Clever Leaves Reports Second Quarter 2023 Results

- Total Revenue Increased 21% Year-Over-Year, Driven by 151% Year-Over-Year Growth in Cannabinoid Revenue - - Continued Expense Reductions Drive Improved Adjusted EBITDA Performance of ($2.1) Million ...

9 months ago - GlobeNewsWire

3 Top Marijuana Stocks To Watch Before The Weekend

Many cannabis companies are starting to release earnings this month. With strong earnings, some marijuana stocks could soon see a rise in momentum. At times when one or more companies report strong fi...

Other symbols: ACBIMCC
10 months ago - MarijuanaStocks

Clever Leaves to Hold Second Quarter 2023 Conference Call on Monday, August 14, 2023 at 5:00 p.m. ET

TOCANCIPÁ, Colombia, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, will hold a conference...

10 months ago - GlobeNewsWire

Colombian Flower Is Now Available To Australian Patients Through Strategic Partnership Between Clever Leaves And Australian Natural Therapeutics Group

TOCANCIPÁ, Colombia and SYDNEY, Australia, July 26, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, ...

10 months ago - GlobeNewsWire

3 Marijuana Stocks For Cannabis Investing The Rest Of The Month

The progress of the cannabis industry has contributed to more people looking to invest. But how will people know which marijuana stock to buy? This can be answered in several ways Initially you would ...

Other symbols: IMCC
10 months ago - MarijuanaStocks

Clever Leaves Completes Sale of Processing Assets in Portugal to Curaleaf International Subsidiary

- Sale Marks Key Milestone of the Company's Wind-Down Process in Portugal and Provides Non-Dilutive Capital - - Sale Marks Key Milestone of the Company's Wind-Down Process in Portugal and Provides Non...

11 months ago - GlobeNewsWire

3 Marijuana Stocks To Buy For Cannabis Investment Options?

When looking for the best marijuana stocks to buy it is important to note that investing in the cannabis sector carries risks. The cannabis industry is relatively new and evolving. Currently, this com...

Other symbols: IMCCTLRY
1 year ago - MarijuanaStocks

Clever Leaves and Astrasana Partner to Establish International Supply Agreement For Medical Cannabis Extracts in Czech Republic and Switzerland

TOCANCIPÁ, Colombia, May 30, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves”), a global medicinal cannabis company, announced today the arrival of the compa...

1 year ago - GlobeNewsWire

Clever Leaves Reminds Shareholders of its Upcoming Annual Meeting on June 2, 2023

TOCANCIPÁ, Colombia, May 26, 2023 (GLOBE NEWSWIRE) -- Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a global medicinal cannabis company, reminds shareholders th...

1 year ago - GlobeNewsWire

Top Marijuana Stocks To Watch In The Global Cannabis Market

If you want to buy the top marijuana stocks today, you should be prepared to deal with extreme volatility. There are plenty of headlines to grapple with, whether it's the latest debt ceiling issue, Fe...

Other symbols: IMCC
1 year ago - MarijuanaStocks

Clever Leaves Partners with SOMAÍ Pharmaceuticals and Sends First Commercial Shipments to Portugal

Multinational operator to supply pharmaceutical-grade CBD extract for European patients Multinational operator to supply pharmaceutical-grade CBD extract for European patients

1 year ago - GlobeNewsWire