Meet The First Vertically Integrated Medicinal Cannabis Company Certified As Carbon-Neutral
Portfolio Pulse from Javier Hasse
Clever Leaves Holdings Inc. (NASDAQ:CLVR) has been granted an International Declaration of Carbon Neutrality by the 100% Carbon Neutral Program, making it the first known vertically integrated medicinal cannabis company to achieve this certification. The company has implemented several sustainability measures, including solar energy use, waste management optimization, and recycling. In 2022, Clever Leaves reported a total carbon footprint of 318 tons of CO2 equivalent across all its operations and has neutralized its remaining emissions by acquiring international carbon credits.
August 30, 2023 | 1:49 pm
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POSITIVE IMPACT
Clever Leaves' achievement of carbon neutrality could potentially boost its reputation and attract environmentally conscious investors. This could have a positive impact on its stock price in the short term.
Clever Leaves' achievement of carbon neutrality is a significant milestone that could enhance its corporate image and attract investors who prioritize environmental sustainability. This could lead to increased demand for its stock, potentially driving up its price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100