CLS Holdings USA's Proposed Acquisition Oasis Cannabis Expands Product Line and Increases Market Share

LAS VEGAS, NV--(Marketwired - January 17, 2018) - CLS Holdings USA, Inc. (OTCQB: CLSH) "CLS," a development stage diversified cannabis company operating as Cannabis Life Science, announced today continued growth in the extraction and infused product business at its proposed acquisition Oasis Cannabis.

The Oasis conversion and extraction facility generated $200,000 in gross revenues last month, its strongest result to-date since commencing in mid-2017. The CityTrees wholesale product line has more than doubled its number of product SKUs offered to retail dispensary customers, and now covers a variety of concentrates, vape pens, and capsules, including high CBD versions. The City Trees product line is now being sold in over 20 dispensaries in the Las Vegas and Reno markets.

Ben Sillitoe, CEO and Co-Founder of Oasis Cannabis, commented, "Our successful development and rollout of the City Trees brand of wholesale cannabis concentrate and infused products is a great achievement by our experienced extraction and production team. With the addition of new high CBD products, the company now offers a variety of both adult use and medicinally focused products to better serve our clients."

Oasis Cannabis is a fully integrated cannabis operation in Nevada. Las Vegas-based Oasis Cannabis' (http://oasiscannabis.com) operations include a grow, extraction and conversion processing and a retail dispensary. CLS has now executed a definitive agreement to acquire the Oasis Cannabis companies. A non-refundable cash deposit has been paid by CLS. The closing of the transaction, which is subject to the satisfaction of conditions, is expected in the first quarter of 2018.

About Oasis Cannabis (http://oasiscannabis.com)

Oasis Cannabis has operated a cannabis dispensary in the Las Vegas market since dispensaries first opened in Nevada in 2015 and has been recognized as one of the top marijuana retailers in the state. Its location within walking distance to the Las Vegas Strip and Downtown Las Vegas in combination with its delivery service to residents allows it to efficiently serve both locals and tourists in the Las Vegas area. The company recently commenced wholesale offerings of cannabis in Nevada with the launch of its City Trees brand of cannabis concentrates and cannabis-infused products in August 2017. An expansion of its cultivation and production facility is currently underway and is expected to be completed during the second quarter of 2018.