CLS Holdings USA

Miami, United States Founded: 2014 • Age: 12 yrs
Cannabis-extracted products are manufactured, researched, and retailed.

About CLS Holdings USA

CLS Holdings USA is a company based in Miami (United States) founded in 2014.. The company has 78 employees as of May 31, 2023. CLS Holdings USA has completed 1 acquisition, including Ingoodhealthma. CLS Holdings USA offers products and services including Oasis Cannabis and City Trees. CLS Holdings USA operates in a competitive market with competitors including Purisys, MMJ, Scopus BioPharma, Averix Bio and Agritek Holdings, among others.

  • Headquarter Miami, United States
  • Employees 78 as on 31 May, 2023
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cls Holdings Usa, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
    $7.23 M
    -69
    as on May 31, 2024
  • Net Profit
    $2.37 K
    100
    as on May 31, 2024
  • EBITDA
    $-2 M
    47
    as on May 31, 2024
  • Latest Funding Round
    $12 M (USD), Post-IPO

    Dec 13, 2018

  • Investors
  • Employee Count
    78

    as on May 31, 2023

  • Investments & Acquisitions
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Products & Services of CLS Holdings USA

CLS Holdings USA offers a comprehensive portfolio of products and services, including Oasis Cannabis and City Trees. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Retail platform for cannabis products serving locals and tourists

Cultivation and distribution of premium cannabis offerings

People of CLS Holdings USA
Headcount 50-200
Employee Profiles 1
Employee Profiles
People
Charlene Soco
Executive Vice President Of Finance

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Teams

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Funding Insights of CLS Holdings USA

  • Total Funding
  • Total Rounds 11
  • Last Round Post-IPO — $12.0M
  • First Round

    (29 Mar 2016)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Post-IPO - CLS Holdings USA Valuation

investors

Nov, 2018 Amount Post-IPO - CLS Holdings USA Valuation

investors

Jun, 2018 Amount Post-IPO - CLS Holdings USA Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CLS Holdings USA

CLS Holdings USA has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Navy Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Manages a long/short equity hedge fund for strategic investment opportunities.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CLS Holdings USA

CLS Holdings USA has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ingoodhealthma. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cannabis is cultivated, manufactured into products, and retailed through dispensaries.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - CLS Holdings USA

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cls Holdings Usa Comparisons

Employees
+
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Competitors of CLS Holdings USA

CLS Holdings USA operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Purisys, MMJ, Scopus BioPharma, Averix Bio and Agritek Holdings, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cannabis products are manufactured in Athens, United States.
domain founded_year HQ Location
Plant-derived cannabinoid therapeutics are developed for medical applications.
domain founded_year HQ Location
Cannabis-based drugs are manufactured by Scopus BioPharma.
domain founded_year HQ Location
Vertically integrated production of CBD ingredients for pharmaceuticals and supplements.
domain founded_year HQ Location
Integrated business for cultivation of cannabis and supply of medical marijuana products
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cls Holdings Usa

Frequently Asked Questions about CLS Holdings USA

When was CLS Holdings USA founded?

CLS Holdings USA was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Where is CLS Holdings USA located?

CLS Holdings USA is headquartered in Miami, United States. It is registered at Miami, Florida, United States.

Who is the current CEO of CLS Holdings USA?

Jeffrey Binder is the current CEO of CLS Holdings USA.

How many employees does CLS Holdings USA have?

As of May 31, 2023, the latest employee count at CLS Holdings USA is 78.

What is the annual revenue of CLS Holdings USA?

Annual revenue of CLS Holdings USA is $7.23M as on May 31, 2024.

What does CLS Holdings USA do?

CLS Holdings USA was founded in 2014 in Miami, United States, within the cannabis sector. Products derived from cannabis are manufactured, with research focused on extracting and converting cannabinoids for improved quality and consistency. Operations include licensing, processing facilities, product sales, brand development, and consulting services. Retail activities are also conducted alongside plans for cannabinoid specialization.

Who are the top competitors of CLS Holdings USA?

CLS Holdings USA's top competitors include MMJ, Purisys and Scopus BioPharma.

What products or services does CLS Holdings USA offer?

CLS Holdings USA offers Oasis Cannabis and City Trees.

How many acquisitions has CLS Holdings USA made?

CLS Holdings USA has made 1 acquisition, including Ingoodhealthma.

Who are CLS Holdings USA's investors?

CLS Holdings USA has 1 investor. Key investors include Navy Capital.

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