CLS Holdings USA Inc (CLSH)

[damAcon1]

Quick highlights:

*Las Vegas currently completing ~350 orders per day at an
average of $45; Aiming for ~500 orders
*Brockton completing ~225 orders per day at an average of
$125 (avg $300 for delivery); Targeting ~800-1,000 orders per day with
introduction of recreational sales

*Near-term expansion at Las Vegas to 6,600 lbs per year
*Near-term expansion at Brockton to 9,000 lbs per year
*New 86,000 sqft Leicester facility will add 28,000 lbs
annual flower capacity. CLSH will earn an 80% interest by funding $25M-
$30M construction capex. This investment provides an opportunity for CLSH to expand in Massachusetts cannabis market, currently realizing wholesale prices of ~$3,500/lb flower and ~$40/g oil equivalent


*CLSH plans to use ~35% of flower production as input for
production of oils, extracts and edibles
*Installation of CLSH proprietary extraction technology for the processing of up to ~12,600 lbs per year of flower and trim

*For both locations: Current revenue close to $1.0M per month
Capacity to reach $4-$5M per month for both medical and recreational

MARKET VALUE
Share price as of March 15 (OTCQB: CLSH) $0.39
Basic market capitalization $47,796,775
Cash balance $15,300,000
Note receivable $5,000,000
Debt outstanding $22,600,000
Enterprise value $44,320,000