| Specialty Retail Industry | Consumer Discretionary Sector | Andrew J. Glashow CEO | CNSX Exchange | 12565J308 CUSIP |
| US Country | 80 Employees | - Last Dividend | 21 Sep 2022 Last Split | - IPO Date |
CLS Holdings USA, Inc. stands as a diversified entity within the cannabis industry, primarily engaging in cannabinoid extraction and conversion across the United States. With its inception in 2014 and headquarters in Las Vegas, Nevada, the company has steadily grown to focus on delivering a variety of cannabis products and services. It operates with a keen emphasis on converting cannabinoids extracted from cannabis plants into an array of concentrates. By providing toll processing services alongside its product offerings, CLS Holdings caters to a broad spectrum of consumer and business needs within the dynamic cannabis market.
Cannabinoid Concentrates: The company excels in extracting cannabinoids to produce concentrates including oils, waxes, edibles, and shatters. This wide range of concentrates caters to both pharmaceutical purposes and the broader market, offering versatility in usage and application.
Toll Processing Services: CLS Holdings also offers toll processing services, where it processes cannabis plants into concentrates on behalf of other entities. This service allows cultivators and producers without their own extraction facilities to benefit from CLS Holdings’ expertise and capabilities in cannabinoid extraction and conversion.
Organic Medical and Recreational Cannabis Products: The portfolio includes organic medical cannabis that is provided to licensed retailers, as well as recreational marijuana products distributed to licensed retailers and distributors. This facet of the business showcases their ability to cater to varying legal market demands.
Extraction Products: Derived from in-house cannabis production, the company’s extraction products, such as oils and waxes, exemplify their vertical integration and commitment to producing high-quality concentrates from their proprietary strains.
Cannabis Cultivation Services: Offering processing and extraction services for licensed medical cannabis cultivators and supplying cannabis strains in the form of vegetative cuttings, CLS Holdings supports the cultivation sector with its expert services. This initiative not only diversifies their operations but also strengthens their relationships within the industry.
Oasis Cannabis and City Trees Brands: Products are marketed under the Oasis Cannabis and City Trees brand names, affirming CLS Holdings' presence in the retail and consumer spaces. These brands help in establishing a direct connection with consumers, offering them trusted and recognizable sources for their cannabis needs.