Global medicinal cannabis company Clever Leaves Holdings Inc. (NASDAQ: CLVR) (NASDAQ: CLVRWreported late Thursday its financial and operating results for the first quarter of 2023.

CEO Andres Fajardo highlighted the continued commercial momentum in core target markets such as Brazil, Australia and Israel, as well as the ramping up of Colombian smokable dry flower exports.

Gross Margin And Net Loss Show Remarkable Improvement

By implementing cost reduction measures, Clever Leaves has improved its financial performance in the first quarter of 2023.

Despite a decrease in revenue, …

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