Exhibit 5.1

 

Connor & Connor Pllc

Attorneys at Law

710 Coronado Center Dr., Suite 121, Henderson, NV 89052

 

January 3, 2019

 

Reference No. 100.167

Via Email and U.S. Mail

CLS Holdings USA, Inc.

11767 South Dixie Highway, Suite 115

Miami, Florida 33156

c/o Kathleen Deutsch

kathleen.deutsch@nelsonmullins.com 

 

Re:      CLS Holdings USA, Inc. Registration Statement on Form S-1

File No. 333-227089

 

Ladies and Gentlemen:

 

I am the Manager of Connor & Connor PLLC, a law firm located in Henderson, Nevada. My firm has been retained by CLS Holdings USA, Inc., a Nevada corporation (the “Company”), in connection with its business operations in the State of Nevada. We have acted as counsel to CLS Holdings USA, Inc., a Nevada corporation (the "Company"), in connection with its Registration Statement on Form S-1, File No. 333-227089, as filed on August 28, 2018 (the “Registration Statement”), with the U.S. Securities and Exchange Commission (the "Commission").  The Registration Statement relates to the registration by the Company for resale by the selling stockholders listed in the prospectus included as part of the Registration Statement (the "Selling Stockholders") of up to 67,996,047 shares of the Company’s common stock, par value $0.0001 per share ("Common Stock"), of which (i) 43,525,069 shares were issued to the Selling Stockholders in private placement transactions with the Company (the “Issued Shares”); (ii) 2,783,288 shares (the “Note Shares”) are issuable upon the conversion of convertible notes held by Selling Stockholder (“Convertible Notes”); and (iii) 21,687,690 shares (“Warrant Shares”) are issuable upon the exercise of common stock purchase warrants held by Selling Stockholders (“Warrants”), and collectively with the foregoing securities described in (i) through (iii), the (“Securities”).

 

We have examined originals or copies, certified or otherwise identified to our satisfaction of the following documents (together, the “Documents”): (i) the Registration Statement; (ii) the Company’s Amended and Restated Articles of Incorporation; (iii) the Company’s Amended and Restated Bylaws; (iv) the Warrants; (v) certain resolutions of the Board of Directors of the Company relating to the issuance and sale of the Securities; and (vi) a Certificate of an Officer executed by Jeffrey Binder, the Chairman and CEO of the Company.  We have also examined such corporate documents and records of the Company and other instruments, certificates and documents as we have deemed necessary or appropriate as a basis for the opinions hereinafter expressed. 

 

In such examinations, we have assumed the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as copies or drafts of documents to be executed, the genuineness of all signatures, and the legal competence or capacity of persons or entities to execute and deliver such documents.  As to various questions of fact which are material to the opinions hereinafter expressed, we have relied upon statements or certificates of public officials, directors of the Company, their legal counsel, and others, and have made no independent investigation, but have assumed that any representation, warranty or statement of fact or law, other than as to the general corporation laws of Nevada, made in any of the Documents is true, accurate and complete and that all such filings with the any and all such appropriate government agencies have been completed in good faith.

 

 

Tel: (702) 750-9139

Fax: (702) 749-5991

 

 

 

 

CLS Holdings USA, Inc.

January 3, 2019

Page 2

 

Based upon and subject to the foregoing, it is our opinion that: (i) the Issued Shares have been validly issued, fully paid and are non-assessable; (ii) the Note Shares, when issued upon conversion of the Convertible Notes, in accordance with and in the manner described in the Registration Statement and the Convertible Notes, will be validly issued, fully paid and non-assessable; and (iii) the Warrant Shares, when issued by the Company upon valid exercise of the Warrants and against receipt of the exercise price therefor, in accordance with and in the manner described in the Registration Statement and the Warrants, will be validly issued, fully paid and non-assessable.

 

We qualify our opinion to the extent that we express no opinion as to any law other than Nevada general corporation law and none of the opinions expressed herein relates to compliance with or matters governed by the laws of any jurisdiction except Nevada.  This opinion is based on Nevada general corporate law, including the statutory provisions, all applicable provisions of the Nevada constitution and reported judicial decisions interpreting those laws and speaks only as of the date hereof.

 

Sincerely,

 

CONNOR & CONNOR PLLC

 

/s/ Derek J. Connor                

Derek J. Connor

 

DJC/mlm

 

 

 

 

 

 

CLS Holdings USA, Inc.

January 3, 2019

Page 3

 

 

 

CONSENT

 

I HEREBY CONSENT to the use of my opinion in connection with the Form S-1 Registration Statement filed with the Securities and Exchange Commission and to each reference to us under the headings “Legal Matters” in the Registration Statement as counsel for the registrant, CLS Holdings USA, Inc.

 

Sincerely,

 

CONNOR & CONNOR PLLC

 

/s/ Derek J. Connor                

Derek J. Connor