CLS Holdings USA, Inc. discusses expansion into New Mexico and other jurisdictions with The Stock Day podcast

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CLS Holdings USA, Inc. (OTCQB: CLSH)

We are now in New Mexico with our City Trees brand. We’re going to roll it out this week, which gives us a really interesting market opportunity. “

– Andrew Glashow

LAS VEGAS, NV, UNITED STATES, May 5, 2021 /EINPresswire.com/ – CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH), the “ Company ” or “ CLS ”, a diversified cannabis company operating as Cannabis Life Sciences, was featured on The Stock Day Podcast this week. Company President and COO Andrew Glashow joined Stock Day host Everett Jolly.

Jolly began the interview by commenting on a recent post detailing the company’s expansion outside of Nevada. “We are now in New Mexico with our City Trees brand. We’re going to roll it out this week, which gives us a really interesting market opportunity, ”said Glashow. “New Mexico just passed a recreational cannabis bill,” he added. “We hope to be a major brand [in] the marketplace; we already have penetration through our partnership with Herbal Edibles. ”

When asked if there were other states the company is considering for the future, Glashow said, “Currently we are in talks with two other jurisdictions, one on the East Coast and one on the another a little closer to Nevada, ”Glashow explained.

“We are comfortable operating a dispensary in a highly competitive market. We also took our City Trees brand and relaunched it about six months ago, and the traction we’re getting is really phenomenal in the state of Nevada. So we want to bring these same practices, principles and SOPs to other jurisdictions, ”Glashow said. “We’re the # 1 selling dye in the state of Nevada, and we believe we can be a force in any market we go to.”

Jolly then asked about the return of tourism to Nevada and its effect on income. “We focused on local businesses. We try to focus on the premises because that is about 85% to 95% of our business, ”said Glashow. “By 2022 or 2023 at the latest, Vegas could be a place where 45 or 50 million people visit, and we will definitely benefit from it,” Glashow said. “In the meantime, our business continues to grow and break record after record,” he added. “With our City Trees products, we have grown 2 to 2.5 times over the past year and that is a testament to everyone who currently works at City Trees and everyone who also works at Oasis Cannabis.”

When asked about the company’s April results, Glashow noted that results for the month would likely come early next week. “I can only say it’s been a really great month for us on so many fronts,” said Glashow. “We had a very good month of April in all categories.”

To close the interview, Glashow said the company continues to perform at a high standard. “We think our best days are ahead of us and we couldn’t be more excited about our relationship with the wonderful people of New Mexico,” Glashow said, before elaborating on the company’s expansion outside of Nevada. . “We couldn’t be more excited about CLS today.”

To listen to the full interview with Andrew Glashow, follow the link to the podcast here.

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About CLS Holdings USA, Inc.

CLS Holdings USA, Inc. (CLSH) 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 and patented 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, product sales, branding, and consulting services. https://www.clsholdingsinc.com/
Twitter: @CLSHoldingsUSA

Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since the dispensaries opened in Nevada in 2015 and has been recognized as one of the top marijuana retailers in the state. Its location within walking distance of the Las Vegas Strip and downtown Las Vegas, combined with its resident delivery service, allows it to efficiently serve locals and tourists to the Las Vegas area. In February 2019, it was named “Best Dispensary for Pot Pros” by Desert Companion Magazine. In August 2017, the company launched wholesale cannabis offerings in Nevada with the launch of its City Trees brand of cannabis concentrates and cannabis infused products. http://oasiscannabis.com

Founded in 2017, City Trees is a Nevada-based cannabis cultivation, production and distribution company. Offering a wide variety of products with consistent results, City Trees products are available at many dispensaries across the state of Nevada. https://citytrees.com

Forward-looking statements

This press release contains certain “ forward-looking information ” within the meaning of applicable Canadian securities legislation and “ forward-looking statements ” as such term is defined in the Private Securities Litigation Reform Act of 1995 (collectively, the ” forward-looking statements ”). These statements concern, among other things, the impact of the COVID-19 virus on our business, the results of our initiatives to retain our employees and strengthen our relationships with our customers and our community during the pandemic, the effect of our initiatives to expanding market share and achieving growth during and after the pandemic, operating results and financial performance, anticipated future events and the effectiveness of our business practices during the pandemic. The continued spread of COVID-19 could have, and in some cases has already had, a negative impact on our business, operations and financial results, including through disruptions in our growing and processing activities, our supply chains. supply and our sales channels and retail dispensary operations. as well as a deterioration in general economic conditions, including a possible national or global recession. Due to the uncertainties associated with the continued spread of COVID-19 and the timing of vaccinations, it is not possible to estimate its impact on our business, operations or financial results; however, the impact could be significant. In some cases, you may identify forward-looking statements by terminology such as “may”, “could”, “” “” will “,” should “,” “” intends, “” “” expects ” , ” ” Plans ” ” goals, ” ” projects, ” ” anticipates, ” ” believes, ” ” estimates, ” ” predicts, ” ” potential ” or “ continue ” or the negative of these terms or other comparable terminology. These forward-looking statements are only predictions, are uncertain and involve risks, uncertainties and other important known and unknown factors that could cause our actual results, levels of activity or performance to differ materially from the results, levels. future activity or performance expressed. or implied by these forward-looking statements. We cannot guarantee future results, activity levels or performance. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. These cautionary statements should be considered in conjunction with any written or oral forward-looking statements that we may issue in the future. Except as required by applicable law, we do not intend to update forward-looking statements to conform them to actual results, subsequent events or circumstances or to reflect the occurrence of unforeseen events. See CLS Holdings USA’s filings with the SEC and on its SEDAR profile at www.sedar.com for more details.

Contact information:

Business:
President and CEO
Jeff Binder

President and COO
Andrew Glashow

888-438-9132

Investor Relations:
[email protected]

Source: CLS Holdings USA, Inc.

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CLS Holdings USA, Inc.
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