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Cls Holdings Usa - CLSH STOCK NEWS

Welcome to our dedicated page for Cls Holdings Usa news (Ticker: CLSH), a resource for investors and traders seeking the latest updates and insights on Cls Holdings Usa stock.

CLS Holdings USA, Inc. (CLSH) is a vertically integrated cannabis company specializing in cannabinoid extraction, product development, and retail operations through its Oasis Cannabis dispensaries and City Trees brand. This page provides investors and industry observers with timely updates on corporate developments, financial performance, and strategic initiatives shaping CLSH's position in the evolving cannabis market.

Access comprehensive coverage of earnings reports, partnership announcements, and regulatory updates alongside insights into the company's proprietary extraction technologies and sustainability programs. Our curated news collection serves as a reliable resource for tracking CLSH's market expansions, product innovations, and environmental stewardship efforts.

Key areas of focus include updates on solventless extraction advancements developed with SOMA, retail expansions in Nevada and emerging markets, and progress toward plastic-negative packaging initiatives. Users will find verified information on licensing agreements, operational milestones, and consumer product launches directly from authorized sources.

Bookmark this page for streamlined access to CLSH's official communications and third-party analysis. Check regularly for updates on how the company navigates regulatory challenges while advancing cannabis industry standards through technological innovation and sustainable practices.

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CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE: CLSH) has partnered with AE Global's Talk Trash Initiative to introduce certified plastic-negative exit bags at its Nevada-based Oasis Cannabis Dispensary. This collaboration aims to remove 27,000 lbs of ocean-bound plastic from the environment in 2025.

The new exit bags are made from 20% post-consumer recycled material and for every unit produced, twice the amount of plastic used in manufacturing is removed from the environment. The initial order will help remove over 9,000 lbs of plastic, equivalent to keeping over 1 million plastic bottles out of the ocean.

CLS Holdings USA, Inc. plans to extend this sustainable packaging initiative to its City Trees brand in the future, positioning Oasis as a leader in eco-friendly cannabis retail.

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CLS Holdings USA announced a major overhaul of its City Trees brand, including new product developments and significant personnel changes aimed at improving efficiency and aligning with market demands. Key highlights include the launch of a solventless rosin vape through a partnership with SOMA, set for July 1, 2024, and new distillate lines featuring Cannabis Derived Terpenes and All Natural Flavors. These initiatives aim to cater to a wide range of cannabis consumers and reflect CLS's commitment to innovation and quality.

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CLS Holdings USA Inc. reported a revenue decrease in the fiscal year 2024 third quarter, but achieved positive net cash flow and decreased total liabilities. CEO Andrew Glashow discussed industry challenges and legislative outlook, emphasizing the need for federal reforms.
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CLS Holdings USA, Inc. announces market expansion into New York's recreational cannabis market with City Trees vape products. The company partners with AUCP License-holders Basin Mixtures to bring its top-quality cannabis products to New York, starting with three signature blends. City Trees aims to capitalize on its success in Nevada by offering popular flavors in the New York market.
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CLS Holdings USA, Inc. announces a strategic partnership with SOMA to introduce a revolutionary solventless cannabis vape product in Nevada.
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CLS Holdings USA, Inc. (CLSH) announced the retirement of $1,526,250 in debt through repurchasing 15% Debentures, acquiring 13,274,780 shares, and securing $1,350,000 in new loans at 12% interest. The debt reduction strengthens shareholder value by reducing outstanding shares and lowering borrowing costs by 850 basis points.
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CLS Holdings USA, Inc. celebrates record-breaking sales month for City Trees, achieving $1,122,296.09 in total revenue. Notable reduction in inventory to $1.5 million from $2.89 million in January '23. Strategic expansion into New Mexico with a successful sell-through of 10,000 units. City Trees solidifies position as the number one vape and concentrate brand in Nevada, showcasing adaptability and market acceptance.
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CLS Holdings USA, Inc. (CLSH) announced the retirement of $4.34 million in debt, reducing total debt obligations from $23.5 million to approximately $7.2 million. The debt reduction was achieved through the repurchase of $3.88 million in principal amount of 8% debentures at a 60% discount, with forgiven interest of $465,007. The retirement also resulted in the cancellation of 5,076,371 warrant rights. The remaining debt was restructured, with repayment terms extended to January 2028 for $3.64 million of the total, financed through the issuance of 64,132,135 restricted shares of CLSH common stock at per share prices of 0.0333 and 0.0345.
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CLS Holdings USA, Inc. (CLSH) announced the amendment of its outstanding unsecured convertible debentures, including changes to conversion price, maturity date, interest accrual, and redemption rights.
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CLS Holdings USA, Inc. (CLSH) is celebrating the 8-year anniversary of Oasis Cannabis Dispensaries, a milestone for one of the first medical dispensaries in Nevada. The success and growth of Oasis mark a testament to the evolving landscape of the cannabis industry, attributed to its product offerings and dedication to fostering a positive environment. The celebration includes honoring dedicated employees, community events, and sharing personal experiences through anniversary videos on social media.
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Cls Holdings Usa

OTC:CLSH

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5.39M
33.33M
79.77%
Drug Manufacturers - Specialty & Generic
Healthcare
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United States
Las Vegas