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

PROPERTY, PLANT AND EQUIPMENT (Tables)

9 Months Ended

12 Months Ended

Feb. 28, 2021

May 31, 2020

Property, plant and equipment consisted of the following at February 28, 2021 and May 31, 2020.

	February 28, 2021			May 31, 2020
Office equipment	$	115,616		$	94,887
Furniture and fixtures		145,103			144,025
Machinery & Equipment		1,785,906			1,741,830
Leasehold improvements		2,778,350			2,662,967
Less: accumulated depreciation		(1,291,937	)		(868,200	)
Property, plant, and equipment, net	$	3,533,038		$	3,775,509

Property, plant and equipment consisted of the following at May 31, 2020 and 2019:

	May 31,			May 31,
	2020			2019
Office equipment	$	94,887		$	53,152
Furniture & fixtures		144,025			140,701
Machinery & equipment		1,741,830			969,196
Leasehold improvements		2,662,967			1,293,660
Less: accumulated depreciation		(868,200	)		(546,408	)
Property and equipment, net	$	3,775,509		$	1,910,301