Clever is leaving its partnership with House of Kush for its international expansion

Clever is leaving its partnership with House of Kush for its international expansion

TOCANCIPÁ, Colombia, Sept. 21, 2022 (GLOBE NEWSWIRE) — Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW), a leading multinational operator and licensed producer of pharmaceutical grade cannabinoids, today announced a partnership with the American cannabis brand genetic innovation company, House of Kush, to be the exclusive producer and distributor of proprietary genetics globally. Clever Leaves will be the exclusive producer of various genetics for House of Kush outside of the United States and Canada.

As the exclusive producer of House of Kush globally, Clever Leaves will cultivate and market proprietary House of Kush genetics at its facilities in Colombia and Portugal during the term of the three-year agreement, after completing a initial phase of evaluation and adaptation of genetics for each place of manufacture. This partnership will further strengthen Clever Leaves’ high THC smoking flower portfolio, which is already sold in Germany, Israel and Australia.

Clever Leaves will produce various House of Kush strains including Bubba Kush Pre-98 and San Fernando Valley OG Kush at Clever Leaves facilities in Colombia and Portugal. In Colombia, the company operates 18 hectares of cultivation and has received several international certifications, including European Union Good Manufacturing Practices (EU GMP) certification, Good Manufacturing Practices (GMP) certification by the National Institute Colombian food and drug monitoring – Invima, and good agricultural certification. and certification of collection practices (GACP). Clever Leaves’ Portuguese facility is located on approximately nine million square feet of land, consists of approximately 260,000 square feet of greenhouses and has been licensed by INFARMED IP, the Portuguese regulatory authority responsible for overseeing the pharmaceutical industry in Portugal, for the import, export and cultivation of cannabis (EU GMP) and are certified (GACP).

Andres Fajardo, CEO of Clever Leaves, said, “The strategic partnership with House of Kush leverages the core capabilities of both companies. On the one hand, it will allow Clever Leaves to further expand its flower portfolio with world-renowned genetics. On the other hand, it will serve as a platform for House of Kush to expand its coverage beyond the United States and Canada. Together we will be able to bring high quality products to patients globally consistently. »

Steve Gardner, co-founder of House of Kush, said, “This agreement expands our market presence beyond America in a significant and meaningful way. Working with a world leader in Clever Leaves allows us to provide our heritage genetics to customers around the world who want to incorporate some of the best strains of all time into their routines. We will bring strains people recognize with a brand they can trust for product consistency.

Clever Leaves and House of Kush will work together to develop the appropriate cultivation protocols to best meet those required by the different genetics. Cultivated strains will be offered to Clever Leaves customers worldwide, through the company’s sales and distribution channels, and depending on specific business strategies, House of Kush may provide marketing and sales support or expand participation in efforts. of co-branding.

About Clever Leaves Holdings Inc.
Clever Leaves is a leading multinational operator and licensed producer of pharmaceutical grade cannabinoids. Its operations in Colombia and Portugal produce cannabinoid active pharmaceutical ingredients (APIs) and finished products in the form of flowers and extracts for a growing base of B2B customers around the world. Clever Leaves aims to disrupt the traditional cannabis production industry by leveraging environmentally sustainable, ESG-friendly, industrial-scale, low-cost production methods with the strictest pharmaceutical-grade certifications in the world. world. For more information, please visit https://cleverleaves.com/en/home/ and follow Clever Leaves on Twitter and LinkedIn.

About House of Kush
House of Kush is a leading US-based genetic heirloom cannabis company. They currently have partners in eight states, with several more to be added in 2023. As a majority black-owned company, House of Kush has a social equity strategy that includes developing economic opportunity in black communities. and brunettes across the country. They offer a personalized portfolio of products in each state backed by the “Kush Certified” logo, ensuring customers they are getting the legitimate legacy product. As a company, they are dedicated to high quality products with partners focused on sustainability. For more information, please visit https://www.houseofkush.co and follow Kush Certified on FB, LI and Instagram.

Press contacts:
Rich DiGregorio
KCSA Strategic Communications
+1-856-889-7351
smartleaves@kcsa.com

Diana Siguenza
Director of Strategic Communications
+57-310-236-8830
diana.siguenza@cleverleaves.com

Clever Leaves Commercial inquiries:
Andrew Miller
Business Development Manager
+1-416-817-1336
andrew.miller@cleverleaves.com

House of Kush Media Relations:
Rob Wheat
rhwheat@gmail.com
+1-913-642-5767

Clever leaves investor demands:
Cody Slach and Jackie Keshner
Gateway Group, Inc.
+1-949-574-3860
CLVR@gatewayir.com

#Clever #leaving #partnership #House #Kush #international #expansion

Leave a Comment

Your email address will not be published.