CLS Holdings USA, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Intangible Assets (Tables)

Intangible Assets (Tables)

3 Months Ended

Aug. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets [Table Text Block]

Intangible assets consisted of the following at August 31, 2018 and May 31, 2018.

August 31, 2018
						Accumulated
		Gross				Amortization				Net
Intellectual Property		$	319,600			$	(5,327	)		$	314,273
License & Customer Relations			990,000				(8,250	)			981,750
Tradenames - Trademarks			301,000				(5,017	)			295,983
Non-compete Agreements			27,000				(2,250	)			24,750
Domain Names			4,482				(1,913	)			2,569
Total		$	1,642,082			$	(22,757	)		$	1,619,325

May 31, 2018
						Accumulated
		Gross				Amortization				Net
Intellectual Property		$	-			$	-			$	-
License & Customer Relations			-				-				-
Domain name			1,726				(828	)			898
Non-compete Agreements			-				-				-
Goodwill			-				-				-
Total		$	1,726			$	(828	)		$	898

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

Amount to be amortized during the twelve months ended August 31,

Amount to be amortized during the twelve months ended August 31,
2019		$	126,973
2020			123,466
2021			111,560
2022			111,560
2023			111,560
Thereafter			1,034,206
		$	1,619,325