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CLS Holdings USA Inc - Ordinary Shares ADSN


Primary Symbol: C.CLSH

CLS Holdings USA Inc is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for Cannabis Life Sciences in recognition of the company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services. The company generates the majority of its revenues and corresponding accounts receivable from the sale of cannabis, and cannabis related products.


CSE:CLSH - Post by User

Post by MikesStockson Dec 07, 2020 8:34pm
59 Views
Post# 32055181

CLSH a great buy in light of the latest news

CLSH a great buy in light of the latest news

CLS Holdings USA, Inc. Retail Division Sees Record Black Friday Sales in 2020

LAS VEGAS, NV / ACCESSWIRE / December 2, 2020 / CLS Holdings USA, Inc. (OTCQB:CLSH) (CSE:CLSH), the ''Company'' or ''CLS'', a diversified cannabis company operating as Cannabis Life Sciences, just announced its retail division's record results for Black Friday 2020. The company's Las Vegas dispensary, Oasis Cannabis, recorded a single day total of $50,487 in net sales. These results represent an increase in net revenue of 27% over Black Friday 2019 and 85% over 2018.

Through ongoing market research and community engagement, Oasis has retained their focus on putting their customers first by featuring products dictated by local demand and providing them to the community at affordable prices. The record results reached at Oasis come despite continued restrictions on business operations in Nevada due to COVID-19. Through its recently renovated website, Oasis Cannabis has continued to highlight its robust delivery and curbsides services to provide safe and convenient purchasing opportunities.

This strong performance, despite ongoing restrictions and challenging economic condition, speaks to the compelling and local-minded promotions featured at Oasis as the location continues to meet the needs of their community.


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