CLS Holdings USA, Inc. Announces the Development of an Exclusive Line of Collaboration Products Through Its Branded Wholesale Division, City Trees
April 20, 2021 at 07:46 am
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CLS Holdings USA, Inc. announced the development of an exclusive line of collaboration products through its branded wholesale division, City Trees. The brand has secured an agreement with renowned Nevada cannabis cultivator, Nature's Chemistry, to produce a co-branded line of cured and live resin concentrate products, for release commencing in April 2021. In its second fully co-branded collaboration project, City Trees will be producing cured and live resin products made exclusively from Nature's Chemistry high quality input material, starting with 5,000 units of cured concentrate. The project has been structured as an equal net revenue split, and will be sold collaboratively by both entities to encourage rapid sell- through and expanded market penetration. With this highly anticipated release generating excitement across the state, driven by both brands' reputation for quality, many dispensaries have already earmarked an allotment of these new concentrates with pre-orders.
CLS Holdings USA, Inc. is a cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada. The Company's brands include City Trees and Oasis Cannabis. It owns 100% of Alternative Solutions, LLC, a holding company that owns three separate entities with licenses to operate cannabis businesses within the State of Nevada: Serenity Wellness Center, LLC doing business as (dba) Oasis Cannabis (Oasis); Serenity Wellness Growers, LLC dba City Trees Fresh Cannabis Cultivation Wholesale; and Serenity Wellness Products, LLC dba City Trees Fresh Cannabis Production Wholesale. Oasis operates a retail marijuana dispensary nearer to the Las Vegas Strip. The Company's other subsidiaries operate a small-scale cultivation facility, as well as a product manufacturing facility and a wholesale distribution operation in North Las Vegas. Oasis is a 5,000 square foot retail location offering personalized delivery, pick-up, and in-store experiences.