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:
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Subsidiaries |
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Jurisdiction of incorporation |
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Ownership |
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December 31, 2021 |
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December 31, 2020 |
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Clever Leaves US, Inc. ("SAMA") |
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Delaware, United States |
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100% |
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100% |
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NS US Holdings, Inc. |
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Delaware, United States |
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100% |
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100% |
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Herbal Brands, Inc. |
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Delaware, United States |
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100% |
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100% |
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1255096 B.C. Ltd. ("Newco") |
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British Columbia, Canada |
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100% |
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100% |
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Northern Swan International, Inc. (“NSI”) |
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British Columbia, Canada |
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100% |
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100% |
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Arizona Herbal Brands, Inc. (1)
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British Columbia, Canada |
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100% |
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100% |
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Northern Swan Management, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Clever Leaves Australia Pvt Ltd |
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Australia |
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100% |
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N/A |
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Northern Swan Deutschland Holdings, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Northern Swan Portugal Holdings, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Clever Leaves Portugal Unipessoal LDA |
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Portugal |
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100% |
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100% |
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Clever Leaves II Portugal Cultivation SA |
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Portugal |
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100% |
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100% |
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Northern Swan Europe, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Nordschwan Holdings, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Clever Leaves Germany GmbH |
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Hamburg, Germany |
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100% |
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100% |
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NS Herbal Brands International, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Herbal Brands, Ltd. |
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London, United Kingdom |
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100% |
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100% |
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Clever Leaves International, Inc. |
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British Columbia, Canada |
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100% |
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100% |
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Eagle Canada Holdings, Inc. (“Eagle Canada”) |
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British Columbia, Canada |
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100% |
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100% |
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Ecomedics S.A.S. (“Ecomedics”) |
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Bogota, Colombia |
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100% |
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100% |
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Clever Leaves UK Limited |
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London, United Kingdom |
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100% |
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100% |
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(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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