Clever Leaves Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

INVENTORY

INVENTORY

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Inventory Disclosure [Abstract]

INVENTORY

5. INVENTORY

Inventories are comprised of the following items as of the periods presented:

	March 31, 2021		December 31, 2020
Raw materials	$	1,083	$	1,148
Work in progress – cultivated cannabis		66		1,482
Work in progress – harvested cannabis and extracts		2,670		274
Finished goods – cannabis extracts		7,478		7,003
Finished goods – other		258		283
Total	$	11,555	$	10,190

5. INVENTORY

Inventories are comprised of the following items as of the periods presented:

	December 31, 2020		December 31, 2019
Raw materials	$	1,148	$	1,022
Work in progress – cultivated cannabis		1,482		1,205
Work in progress – harvested cannabis and extracts		274		90
Finished goods – cannabis extracts		7,003		2,081
Finished goods – other		283		1,018
Total	$	10,190	$	5,416

During the year ended December 31, 2020 and December 31, 2019, the Company recorded approximately $399 and $nil, respectively, of inventory write-downs in cost of goods sold.