Clever Leaves Holdings Inc (CLVR)

[kahlua]

The 2021 revenue outlook reduction was without a doubt a slap in the face to any investor closely following this company. The burn rate will be significantly higher this year than initially projected. Yes they will probably exit 2021 with barely $40M cash. Very disappointing developments without a doubt. But again your smarmy mocking tone is absolutely not useful except to perhaps bolster your ego.

I expect the stock to remain range bound between 9 to 14, awaiting a significant catalyst. Take or pay announcements won’t cut it unless they are very significant. Better visibility in the 2H would also possibly catalyze the stock. Decriminalization is the big behemoth outlier event. All imo