Body and Mind disappointed with Nevada licence results
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
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