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

Quarterly report pursuant to Section 13 or 15(d)

Note 15 - Stockholders' Equity (Tables)

Note 15 - Stockholders' Equity (Tables)

6 Months Ended

Nov. 30, 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 November 30, 2018. These warrants were granted as part of financing agreements. This table does not include the special warrants; see Special Warrant section below:

Range of exercise Prices		Number of warrants Outstanding		Weighted average remaining contractual life (years)		Weighted average exercise price of outstanding Warrants		Number of warrants Exercisable		Weighted average exercise price of exercisable Warrants
$	0.49		35,782,952		2.97	$	0.49		35,782,952	$	0.49
	0.50		2,736,500		3.23		0.50		2,736,500		0.50
	0.60		17,500,000		3.00		0.60		17,500,000		0.60
	0.75		1,042,738		2.62		0.75		1,042,738		0.75

			57,062,190		2.98	$	0.53		57,062,190	$	0.53

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		$	0.62
Granted		52,776,202		$	0.58
Exercised		(415,000	)	$	0.75
Cancelled / Expired		-		$	-
Warrants outstanding at November 30, 2018		57,062,190		$	0.53

- 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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