Partnership Will Supply Medical Cannabis Extracts To Czech Republic & Switzerland
Portfolio Pulse from Joana Scopel
Clever Leaves Holdings Inc. (NASDAQ:CLVR) has completed its first shipment of medical cannabis extracts from Colombia to Astrasana Holding AG in Switzerland, marking its entry into the Swiss market. The strategic partnership and supply agreement between Clever Leaves and Astrasana will ensure a consistent supply of medical cannabis extracts at competitive prices and expand Clever Leaves' presence in new European markets.
May 30, 2023 | 8:12 pm
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Clever Leaves' partnership with Astrasana Holding AG and entry into the Swiss market may lead to increased revenues and growth opportunities in the European medical cannabis market.
The partnership with Astrasana Holding AG allows Clever Leaves to enter the Swiss market and expand its presence in new European markets. This may lead to increased revenues and growth opportunities for the company, as Switzerland and the Czech Republic have recently experienced legislative changes favoring medical cannabis, making them key players in the emerging European cannabis industry.
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