Clever Leaves Shares Trading Higher On Its Colombian Cannabis Launching In Australia
Portfolio Pulse from Vuk Zdinjak
Clever Leaves Holdings Inc. (NASDAQ:CLVR) (NASDAQ:CLVRW) has announced that its Colombian cannabis flower is now available to medical patients in Australia through a partnership with Australian Natural Therapeutics Group (ANTG). The products are under ANTG’s “Global Selects” brand portfolio. The news has led to a 7.22% increase in Clever Leaves shares, trading at $0.2198 per share.
July 26, 2023 | 1:40 pm
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POSITIVE IMPACT
Clever Leaves' partnership with ANTG to make its Colombian cannabis flower available in Australia has led to a 7.22% increase in its share price.
The news of Clever Leaves' partnership with ANTG to make its Colombian cannabis flower available in Australia is directly related to the company and its operations. This expansion into a new market is likely to increase the company's revenues and profitability, which is positive for the stock. The 7.22% increase in the share price reflects the market's positive reaction to this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Clever Leaves' partnership with ANTG to make its Colombian cannabis flower available in Australia has led to a 7.22% increase in its share price.
The news of Clever Leaves' partnership with ANTG to make its Colombian cannabis flower available in Australia is directly related to the company and its operations. This expansion into a new market is likely to increase the company's revenues and profitability, which is positive for the stock. The 7.22% increase in the share price reflects the market's positive reaction to this news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100