Release date:                10 June 2022

Embargoed until:           Immediate release

CLS Holdings plc ("CLS")

CLS announces that European Public Real Estate Association ("EPRA") has reclassified CLS as a Real Estate Investment Trust ("REIT") on its Index

CLS announces that EPRA reclassified CLS as a REIT on the FTSE EPRA Nareit EMEA Developed Index on 07 June 2022. The reclassification will be effective from 20 June 2022.

Andrew Kirkman, Chief Financial Officer of CLS, commented:

"I am pleased to announce CLS' reclassification as a REIT on EPRA's index reflecting the conversion of our UK business to a REIT at the start of the year. This will further improve our comparability with peers and should increase our appeal to a broader range of investors thereby improving liquidity in our shares."

-ends-

For further information, please contact:

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

Fredrik Widlund, Chief Executive Officer

Andrew Kirkman, Chief Financial Officer

+44 (0)20 7582 7766

Liberum

Richard Crawley

Jamie Richards

+44 (0)20 3100 2222

Panmure Gordon

Hugh Rich

+44 (0)20 7886 2733

Berenberg 

Matthew Armitt

Richard Bootle

+44 (0)20 3207 7800

Edelman Smithfield (Financial PR)

Alex Simmons

Hastings Tarrant

+44 (0)20 3047 2000