CLS Holdings USA, Inc. announced a private placement that it has received $1,080,000 original principal amount of 16% unsecured convertible debentures on January 2, 2024. The Unsecured Debentures bear interest at 16% annually, are convertible to the Company?s Common Stock, par value $0.001 per share, at the option of the Company on or before January 15, 2024, at a conversion price of $0.0333 per share. The Company intends to convert the Unsecured Debentures to shares of the Company?s Common Stock before January 15, 2024.