CLS Holdings USA, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 13 - Stockholders' Equity (Tables)

Note 13 - Stockholders' Equity (Tables)

3 Months Ended

Aug. 31, 2018

Stockholders' Equity Note [Abstract]

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes the significant terms of warrants outstanding at August 31, 2018. These warrants were granted as part of financing agreements. This table does not include the special warrants; see Special Warrant section below:

				Weighted		Weighted				Weighted
				average		average				average
Range of		Number of		remaining		exercise				exercise
exercise		warrants		contractual		price of		Number of		price of
Prices		Outstanding		life (years)		outstanding Warrants		warrants Exercisable		exercisable Warrants
$	0.49		2,317,842		2.81	$	0.49		2,317,842	$	0.49
	0.50		2,736,500		3.48		0.50		2,736,500		0.50
	0.60		17,500,000		3.25		0.60		17,500,000		0.60
	0.75		1,107,738		2.85		0.75		1,107,738		0.75

			23,662,080		3.22	$	0.57		23,662,080	$	0.57

Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]

Transactions involving warrants are summarized as follows. This table does not include the special warrants; see Special Warrant section below.

	Number of Shares			Weighted Average Exercise Price
Warrants outstanding at May 31, 2018		4,700,988		$	0.75
Granted		19,311,092		$	0.58
Exercised		(350,000	)	$	0.75
Cancelled / Expired		-		$	-
Warrants outstanding at August 31, 2018		23,662,080		$	0.57

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

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