CLS Holdings USA, Inc. Announces Exclusive Distribution Agreement with CENTR Brands Corp.
20 August 2019 - 4:50PM
via NEWMEDIAWIRE -- CLS Holdings USA, Inc. (OTCQB: CLSH) (CSE:
CLSH.CN), or “CLS”, a diversified cannabis company operating as
Cannabis Life Sciences, announced today the signing of an
exclusive agreement for CLS (through its Alternative Solutions LLC
subsidiary) to distribute CENTR’s 15mg and 30mg sparkling CBD
beverages to cannabis dispensaries throughout Nevada. CLS will
immediately make the product available through its current
distribution network to cannabis dispensaries in Nevada.
“I believe these delicious CBD beverages perfectly
complement our existing product line and we’re proud to work with
Joseph and Paul Meehan and the CENTR team. As the owner of
Goodridge & Williams Craft Distillers, Canada’s largest and
fastest growing craft distiller Paul’s exceptional brand building
skills have provided invaluable experience to help CENTR launch a
high-quality beverage brand into the CBD space,” stated Andrew
Glashow, President and COO of CLS Holdings.
Joseph Meehan, CENTR’s President and Chief
Executive Officer, said, “It has been a pleasure working with the
CLS team in Nevada. We have found an energetic and
professional partner in the Nevada dispensary business to help us
share CENTR’s goal of providing moments of relaxation to Nevadans
and everyone who visits Las Vegas. We look forward to a
strong partnership with CLS to help everyone find their
CENTR.”
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
Alternative Solutions subsidiaries in Nevada and plans to expand to
other states. CLS stands for ''Cannabis Life Sciences,'' in
recognition of the Company's patented proprietary 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, sale of
products, brand creation and consulting
services. http://www.clsholdingsinc.com Twitter:
@CLSHusa
About CENTR Brands Corp. CENTR
Brands Corp. is a Canadian company involved in the development and
marketing of beverages infused with hemp-derived extracts and
derivatives. The company is focused on the creation and
launch of a global brand for the cannabidiol (CBD) infused beverage
market. The company’s first product, named CENTR, is a sparkling,
low-calorie, CBD
beverage. www.findyourcentr.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 that term is defined in the Private Securities Litigation Reform
Act of 1995 (collectively, the ''forward-looking statements'').
These statements relate to anticipated future events, future
results of operations or future financial performance, and
anticipated growth. In some cases, you can identify forward looking
statements by terminology such as ''may,'' ''might,'' ''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
substantial known and unknown risks, uncertainties and other
factors which may cause our actual results, levels of activity or
performance to be materially different from any future results,
levels of activity or performance expressed or implied by these
forward-looking statements. We cannot guarantee future results,
levels of activity or performance and we cannot guaranty that the
proposed transactions described in this press release will occur.
You should not place undue reliance on these forward-looking
statements, which speak only as of the date that they were made.
These cautionary statements should be considered together 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 any of the forward-looking statements to conform these
statements to reflect actual results, later events or circumstances
or to reflect the occurrence of unanticipated events. See CLS
Holdings USA filings with the SEC and on its SEDAR profile
at www.sedar.com for additional details.
Contact Information:
Corporate:
Chairman and CEO
Jeff Binder
jeff@clsholdingsinc.com
888-438-9132
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