CLS Holdings USA, Inc.'s Acquisition Target “In Good Health” Announces Opening Day for Recreational Cannabis Sales – GlobeNewswire

LAS VEGAS, NV, Nov. 05, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – CLS Holdings USA, Inc. (OTCQB: CLSH, CSE: CLSH) (“CLS” or the ”Company”), a diversified cannabis company operating as Cannabis Life Sciences, is pleased to announce that “In Good Health”, a licensed medical dispensary, will commence the sale of recreational cannabis (also known as “adult sales”) today, November 5, 2019, from its current retail location in Brockton, MA.  Started in September 2015, In Good Health, or IGH, operates a large medical cannabis dispensary business serving over 25,000 registered patients, maintains a 20,000 square foot cultivation operation with capacity to produce 10,000 pounds of finished flower per year, and operates a conversion and extraction facility along with a kitchen. IGH has developed a high-quality branded products division from its headquarters in Brockton, Massachusetts. The fully complete and operational 52,000 square foot facility will be capable of generating $70 million of revenue and gross profit margins of 60%. Located 25 miles south of Boston, IGH’s closest competitor is 23 miles away.  In addition, IGH has 80 dedicated customer parking spaces. With a population of 425,000 people located within a 20-mile radius of its dispensary, IGH is zoned to operate 7 days a week from 8AM to 8PM.Jeff Binder, Chairman and CEO, commented, “This is tremendous news and we couldn’t be happier for everyone on the In Good Health team as they look forward to this momentous occasion. We know that a lot of hard work and long hours went into garnering this highly sought after adult use cannabis license.   Further, we know IGH feels immense pride being one of only 30 dispensaries in the entire State to achieve this status. Based on the close relationship we have developed with the In Good Health group, I know that this will be an adult

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