Annual report pursuant to Section 13 and 15(d)

BASIS OF PRESENTATION (Tables)

v3.22.1
BASIS OF PRESENTATION (Tables)
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Consolidated Entity Table The following table provides a summary of the Company’s subsidiaries and respective ownership percentage at December 31, 2021 and 2020:
Subsidiaries   Jurisdiction of incorporation   Ownership
December 31, 2021 December 31, 2020
Clever Leaves US, Inc. ("SAMA") Delaware, United States 100% 100%
NS US Holdings, Inc. Delaware, United States 100% 100%
Herbal Brands, Inc. Delaware, United States 100% 100%
1255096 B.C. Ltd. ("Newco") British Columbia, Canada 100% 100%
Northern Swan International, Inc. (“NSI”) British Columbia, Canada 100% 100%
Arizona Herbal Brands, Inc. (1)
British Columbia, Canada 100% 100%
Northern Swan Management, Inc. British Columbia, Canada 100% 100%
Clever Leaves Australia Pvt Ltd Australia 100% N/A
Northern Swan Deutschland Holdings, Inc. British Columbia, Canada 100% 100%
Northern Swan Portugal Holdings, Inc. British Columbia, Canada 100% 100%
Clever Leaves Portugal Unipessoal LDA Portugal 100% 100%
Clever Leaves II Portugal Cultivation SA Portugal 100% 100%
Northern Swan Europe, Inc. British Columbia, Canada 100% 100%
Nordschwan Holdings, Inc. British Columbia, Canada 100% 100%
Clever Leaves Germany GmbH Hamburg, Germany 100% 100%
NS Herbal Brands International, Inc. British Columbia, Canada 100% 100%
Herbal Brands, Ltd. London, United Kingdom 100% 100%
Clever Leaves International, Inc. British Columbia, Canada 100% 100%
Eagle Canada Holdings, Inc. (“Eagle Canada”) British Columbia, Canada 100% 100%
Ecomedics S.A.S. (“Ecomedics”) Bogota, Colombia 100% 100%
Clever Leaves UK Limited London, United Kingdom 100% 100%
(1) Arizona Herbal Brands, Inc. was dissolved by way of voluntary dissolution under the Business Corporation Act on December 31, 2021.