| Schedule of Consolidated Entity |
The following table provides a summary of the Company’s subsidiaries and respective ownership percentage as of and March 31, 2022 and December 31, 2021.
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| Subsidiaries |
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Jurisdiction of incorporation |
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Ownership |
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March 31, 2022 |
December 31, 2021 |
| Clever Leaves US, Inc. ("SAMA") |
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Delaware, United States |
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100% |
100% |
| NS US Holdings, Inc. |
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Delaware, United States |
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100% |
100% |
| Herbal Brands, Inc. |
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Delaware, United States |
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100% |
100% |
| 1255096 B.C. Ltd. ("Newco") |
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British Columbia, Canada |
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100% |
100% |
| Northern Swan International, Inc. (“NSI”) |
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British Columbia, Canada |
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100% |
100% |
Arizona Herbal Brands, Inc. (1)
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British Columbia, Canada |
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100% |
100% |
| Northern Swan Management, Inc. |
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British Columbia, Canada |
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100% |
100% |
| Clever Leaves Australia Pvt Ltd |
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Australia |
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100% |
100% |
| Northern Swan Deutschland Holdings, Inc. |
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British Columbia, Canada |
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100% |
100% |
| Northern Swan Portugal Holdings Inc. |
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British Columbia, Canada |
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100% |
100% |
| Clever Leaves Portugal Unipessoal LDA |
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Portugal |
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100% |
100% |
| Clever Leaves II Portugal Cultivation SA |
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Portugal |
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100% |
100% |
| Northern Swan Europe, Inc. |
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British Columbia, Canada |
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100% |
100% |
| Nordschwan Holdings, Inc. |
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British Columbia, Canada |
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100% |
100% |
| Clever Leaves Germany GmbH |
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Hamburg, Germany |
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100% |
100% |
| NS Herbal Brands International, Inc. |
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British Columbia, Canada |
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100% |
100% |
| Herbal Brands, Ltd. |
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London, United Kingdom |
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100% |
100% |
| Clever Leaves International, Inc. |
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British Columbia, Canada |
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100% |
100% |
| Eagle Canada Holdings, Inc. (“Eagle Canada”) |
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British Columbia, Canada |
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100% |
100% |
| Ecomedics S.A.S. (“Ecomedics”) |
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Bogota, Colombia |
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100% |
100% |
| Clever Leaves UK Limited |
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London, United Kingdom |
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100% |
100% |
(1)Arizona Herbal Brands, Inc. was dissolved by way of voluntary dissolution under the Business Corporation Act on December 31, 2021.
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