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Clever Leaves Holdings Equity Warrant CLVRW

Clever Leaves Holdings Inc. is a multinational operator and licensed producer of pharmaceutical-grade cannabinoids. The Company's segments include Cannabinoid and Non-Cannabinoid. The Cannabinoid segment is comprised of cultivation, extraction, manufacturing, commercialization, and distribution of cannabinoid products. The Non-Cannabinoid operating segment is comprised of the brands and manufacturing assets acquired as part of its acquisition of Herbal Brands. The Non-Cannabinoid segment is engaged in the business of formulating, manufacturing, marketing, selling, distributing, and otherwise commercializing wellness products and nutraceuticals, excluding cannabinoid products. Its customers for the Herbal Brands products include specialty and health retailers, mass retailers and specialty and health stores in the United States. It offers product portfolio in two categories: nutraceuticals and cannabinoids. The nutraceutical products consist of a variety of beverage and powder products.


GREY:CLVRW - Post by User

Post by Benedictuson Jan 06, 2021 12:48am
162 Views
Post# 32230682

CLVR

CLVR

The institutional block selling in CLVR has subsided considerably in the last two trading days and the chart has really firmed up for a possible follow through bull move on Wednesday. Remains to be seen if the institutional dump is complete but the carnage definitely bloodied some retail speculators as the stock went from 14 to 8 in barely 10 trading days post despac.  

Anyone looking to get into the warrants should pull up both the CLVRW and SAMAW charts to look for good entry points. It's possible another spike down enables a lower entry price, and I do have an outrageous bid placed for such a circumstance, but for now this 1.40's to 1.70's consolidation area for CLVRW  has held up nicely. The gearing factor has remained mostly in the mid to upper 5's post despac day. All imo 

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