Clever Leaves Holdings Inc (CLVR)

[kahlua]

I stand by my lower range expectation. Earnings were a yawn and Q2 numbers will be more of the same. 130M of pre-spac invested capital built and bought a solid underlying asset base from the US to Columbia, Portugal and Germany. Add that asset portfolio to cash on hand and that yields a roundabout EV floor for the stock. Unless the market tanks I’d expect low 8’s to see buyer demand. The bigger picture really doesn’t begin to emerge until the 2H and 2022 visibility will be crucial to whether the Ho hum story finally changes (that or US decriminalization).