Welcome to our dedicated page for Body And Mind news (Ticker: BMMJ), a resource for investors and traders seeking the latest updates and insights on Body And Mind stock.
Body and Mind Inc. reports corporate developments for its cannabis retail business, including dispensary operations, store openings, asset transactions, and subsidiary-level agreements. The company has described BaM as an operations-focused cannabis company with retail dispensary activities in California and Illinois and pending retail operations in New Jersey.
Recurring updates for BMMJ cover changes to the dispensary portfolio, completed Illinois dispensary transactions, dispensary divestiture agreements, material agreements, capital-structure disclosures, and financial reporting matters such as restatements, variable-interest-entity accounting, and management-fee recognition.
Body and Mind Inc. (CSE: BAMM, OTCQB: BMMJ) announced its upcoming presentations at the Canaccord 2020 Virtual US Cannabis Symposium on September 30, 2020, and the Benzinga Virtual Cannabis Capital Conference on October 15, 2020. The company also engaged Harbor Access LLC for investor relations services in the U.S. and Canada, with a monthly fee of $6,000 for six months. Body and Mind, a debt-free operator, focuses on cannabis cultivation and retail across several states, including Nevada and California, aiming to enhance shareholder value through operational efficiency and expansion.
Body and Mind Inc. (CSE: BAMM, OTCQB: BMMJ) announced the launch of its Pretzel Bites edibles in California, expanding its product portfolio in the state. These edibles contain 10mg of THC distillate and aim to cater to new consumers seeking alternatives to inhaled cannabis. Additionally, the company is rebranding its Ohio dispensary and progressing with its production facility, while construction is complete at its Arkansas cultivation site. Body and Mind also engaged Harbor Access LLC for investor relations services to enhance market visibility.
Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) announces the successful license transfer for its Ohio dispensary, The Clubhouse, located in Elyria. This marks the second license transfer in under a month, part of the company’s strategy to expand in limited license markets. The Clubhouse has been operational since early 2019 and serves a significant population in the area. Additionally, the company is progressing on its Ohio provisional production license while ensuring compliance with local regulations in response to the COVID-19 pandemic.
Body and Mind Inc. (BMMJ) has completed the license transfer for its ShowGrow Long Beach dispensary, enhancing its operational capacity. Operating since 2018, the dispensary has shown consistent sales growth and received local recognition as a top dispensary. CEO Michael Mills highlighted the company’s strategic focus on revenue growth and community initiatives. The dispensary is located centrally in Long Beach and offers a diverse product range, including Body and Mind branded items. This milestone is expected to positively impact the company's top-line revenue and EBITDA.