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CLS Holdings USA, Inc. (OTCQB: CLSH) plans to become a diversified cannabis company and is expanding its corporate strategy to becoming a fully licensed integrated cannabis producer and retailer in Nevada and other western states. CLS stands for "Cannabis Life Sciences," in recognition of the Company's patent pending proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. CLS has recently received a Notice of Allowance from the U.S. Patent Office for this methodology. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.
CLS has executed a definitive agreement to acquire the Oasis Cannabis companies (Alternative Solutions, LLC). The closing of the transaction is subject to the satisfaction of a number of conditions including our ability to raise cash, and as a result, there can be no assurance that we will be able to close the Oasis Acquisition. See CLS Holdings USA’s filings with the SEC for additional details.
CLS Holdings USA, Inc.
1810 E. Sahara Ave.
Las Vegas, NV 89104
Adelaide Capital Markets
18 Lafayette Place
Woodmere, NY 11598