Clever Leaves Holdings Inc. · OTC:CLVR
Clever Leaves — SPAC Merger (December 2020)
10 slides from Clever Leaves's SPAC merger presentation, Dec 4, 2020
Slide 1: Clever Leaves and Schultze Special Purpose Acquisition Corp. Announce Proposed Revised Business Combination
CLEVER LEAVES AND SCHULTZE SPECIAL PURPOSE ACQUISITION CORP. ANNOUNCE PROPOSED REVISED BUSINESS COMBINATION December 2020 Investor Presentation
Slide 2: Key Leadership
Key Leadership 1 World - class management team with a track record of outstanding execution Clever Leaves Schultze Special Purpose Acquisition Corp. Kyle Detwiler Chief Executive Officer Andr é s Fajardo President Gary Julien Executive Vice President, Director George Schultze Chairman, President, &
Slide 3: Why Clever Leaves?
Why Clever Leaves? 2 Low - cost, pharma - quality cannabis production through Colombian and Portuguese operations Ability to scale efficiently to near - term profitability as a result of structural cost advantages Global cultivation footprint of 1.9M sq. ft. and ~1/2 of Colombia’s national THC quota
Slide 4: Vertically Integrated Platform
Distribution 3 Vertically Integrated Platform Genetics Cultivation Extraction Research & Development Brands Manufacturer and distributor of health and wellness products selling in over 10,000 retail locations in the US NORTH AMERICA EUROPE PORTUGAL Provisionally licensed producer headquartered in Li
Slide 5: Ideally Suited for Industrial Scale Production
Ideally Suited for Industrial Scale Production 20 ƒ F (1) / 6.3 hours of daylight (1) Average cost per gram of $1.89 (2) Licensed cannabis companies: 250+ Average elevation: 567 ft Canadian cannabis 65 ƒ F (3) / 12 hours of daylight (4) Average cost per gram of $0.20 (5) Licensed producers: 5 - 30 (
Slide 6: Colombia Operating Advantages
• Optimal growing conditions – Colombia’s location near the equator provides 12 hours of daily sunlight throughout the year, quality soil, abundant water and warm weather ▪ Allows for year - round cultivation without artificial light ▪ High elevation leads to improved pest mitigation ▪ Dominant in f
Slide 7: Defining a Multi-National Operation (MNO)
• The cannabis industry has been defined by Canadian Licensed Producers (LPs) and US Multi - State Operators (MSOs) • Clever Leaves has developed a differentiated model – that of the Multi - National Operator (MNO), with several defining characteristics: Defining a Multi - National Operation (MNO) 6
Slide 8: Comparison of US and International Cannabis
Illustrative US Operator Illustrative Retail Footprint Illustrative Product Offering Note: Images per publicly available sources. Comparison of US and International Cannabis Distribution and product vary greatly between the international (ex - Canada) cannabis industry and what MSOs face in the US 7
Slide 9: Disclaimer
Disclaimer Disclaimer This presentation (this “Presentation”) is provided for informational purposes only and has been prepared to assist intereste d p arties in making their own evaluation with respect to the proposed business combination between Clever Leaves International Inc. (“Clever Leaves”) a
Slide 10: Disclaimer (cont.)
Disclaimer (cont.) Forward - Looking Statements (cont.) The foregoing list of factors is not exclusive. Additional information concerning certain of these and other risk factors is con tained in Holdco’s and SAMA’s most recent filings with the SEC and in the definitive proxy statement/prospectus inc