Body and Mind dis­ap­pointed with Ne­vada li­cence re­sults

Stockwatch Daily - - CONSUMER GOODS - Mr. Michael Mills re­ports

BODY AND Mind Inc. was re­cently in­formed by the State of Ne­vada that it will not be award­ing a dis­pen­sary li­cence re­lat­ing to the com­pany’s four sub­mit­ted ap­pli­ca­tions.

“Our team is ded­i­cated to in­creas­ing share­holder value by fo­cus­ing its time and re­sources on im­prov­ing op­er­a­tional ef­fi­cien­cies, fa­cil­ity ex­pan­sions, state li­cens­ing op­por­tu­ni­ties as well as merg­ers and ac­qui­si­tions,” com­mented Robert Has­man, di­rec­tor of BaM. “While we are dis­ap­pointed with the re­cent Ne­vada dis­pen­sary ap­pli­ca­tions, the Body and Mind team re­mains ex­cited about pro­gress­ing our dis­pen­sary and pro­duc­tion li­censes in Ohio. We con­tinue to re­view ac­cre­tive op­por­tu­ni­ties and look for­ward to rapidly ex­pand­ing the Body and Mind brand into Cal­i­for­nia through the re­cent in­vest­ment with Green Light District Hold­ings Inc. (”GLDH In­vest­ment")".

Please see the news re­lease dated Novem­ber 29, 2018 re­gard­ing the Com­pany’s GLDH in­vest­ment, which in­cludes de­tails of GLDH’s Cal­i­for­nia as­sets.

About Body and Mind

BaM is a pub­licly traded com­pany in­vest­ing in high qual­ity med­i­cal and recre­ational cannabis cul­ti­va­tion and pro­duc­tion and re­tail. Our wholly-owned Ne­vada sub­sidiary was awarded one of the first med­i­cal mar­i­juana cul­ti­va­tion li­cences and holds cul­ti­va­tion and pro­duc­tion li­censes. BaM prod­ucts in­clude dried flower, ed­i­bles, top­i­cals, ex­tracts as well as GPEN Gio car­tridges. BaM mar­i­juana strains have won numer­ous awards in­clud­ing the Las Ve­gas Hempfest Cup 2016, High Times Top Ten, the NorCal Se­cret Cup and the Emer­ald Cup.

BaM con­tin­ues to ex­pand op­er­a­tions in Ne­vada and Ohio and is con­stantly re­view­ing ac­cre­tive ex­pan­sion op­por­tu­ni­ties.

We seek Safe Har­bor.

Leonard Michael Clough, Robert Has­man, Kevin C Hooks, Chris MacLeod, Dong Hyun Shim

(BAMM) Shares: 47,704,317

Newspapers in English

Newspapers from Canada

© PressReader. All rights reserved.