CLS Holdings is a vertically integrated cannabis company operating in Nevada through two businesses under its Alternative Solutions subsidiary. The first is Oasis Cannabis Dispensary, a single retail location in Las Vegas near the Strip that sells recreational and medical cannabis directly to consumers, targeting both tourists and locals. Oasis carries a broad product assortment — flower, vape cartridges, edibles, concentrates, tinctures, and more — and operates nearly 20 hours per day with in-store, curbside, and home delivery options. The second business is City Trees, a cannabis production and wholesale distribution operation based in North Las Vegas that manufactures oil-based products, primarily vape cartridges, concentrates, and tinctures, and sells them wholesale to over 85 dispensaries across Nevada. City Trees also processes raw cannabis material for third-party clients using excess facility capacity. City Trees holds one of a limited number of cannabis distributor licenses in Nevada, allowing it to transport products directly to retail customers without using a third party. The vertical integration between the two businesses is core to the model: City Trees supplies Oasis at lower cost than third-party alternatives, improving retail margins. CLS Holdings is also pursuing asset-light brand licensing deals to expand the City Trees brand into New York and New Mexico, generating royalty revenue without deploying capital. Growth priorities include a planned cannabis consumption lounge attached to Oasis, additional Nevada dispensary acquisitions, further out-of-state brand licensing, and debt reduction.