Clever Leaves Officially Licensed in Europe’s Largest Medical Cannabis Distributor in Germany
BOCA RATON, Fla. and HAMBURG, Germany – Clever Leaves Holdings Inc. (NASDAQ: CLVR, CLVRW) (“Clever Leaves” or the “Company”), a leading multinational operator and licensed producer of pharmaceutical-grade cannabinoids, announced today that its affiliate in Germany, Clever Leaves Germany GmbH, has received all of the required regulatory licenses, permits and certifications by the German authorities to be able to distribute medical cannabis to wholesalers and around 20,000 pharmacies located in Germany. The Company’s licenses, permits, and certifications in Germany include: Wholesale distribution license granted according to §52a under the German Medicinal Products Act (Arzneimittelgesetz, “AMG”) Certificate of Good Distribution Practice (“GDP”) Permit for the trade in narcotic drugs as per §3 of the German Narcotic Drugs Act (Betäubungsmittelgesetz, “BtMG”) “Germany is one of the most important international markets for Clever Leaves. We have been developing our regulatory foundati...