Mind And Body Supplies Business Update

VANCOUVER, BC, Jan. 14, 2021/ PRNewswire/– Mind And Body Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Business” or “BaM”), a multi-state operator concentrated on restricted license markets, is delighted to supply an upgrade on the monetary declarations, the Ohio Mind and body branded dispensary, and building at NMG Ohio’s production center.

The Business is working to finish the October 31, 2020 interim monetary declarations, consisting of the associated management conversation and analysis, and has actually taken proactive steps to attend to hold-ups. The Business expects the October 31, 2020 interim financials declarations will be submitted on or prior to January 28 th, 2021.

BaM has actually finished rebranding of the Ohio dispensary situated in Elyria, Ohio approximately thirty minutes west of Cleveland. The dispensary was initially opened under The Clubhouse brand name and was moved into a 100% owned subsidiary of BaM in September 2020. As part of the transfer the dispensary was relabelled and branded as a Body and Mind dispensary.

In action to COVID-19, Ohio guidelines have actually been upgraded to enable contactless acquiring chances consisting of buying online beforehand with in-store and curbside pickup. Consumers can see a live menu and order online through www.buybamonline.com or www.bodyandmind.com. Orders can be gotten in-store or curbside and consumer feedback and adoption of the brand-new choices has actually been favorable.

The Business is advancing building with NMG Ohio at the brand-new manufacturing/production center which lies nearby to the Mind and body dispensary. The production center is approximately 4,000 square feet and has actually been created for BHO extraction along with cooking area and production operations. The center building has actually been advancing quickly and is presently at the drywall phase with extraction and production devices on order. The Business means to bring popular Mind and body top quality items to Ohio in addition to providing white label services for our present and future brand name partners. The Business has a conclusive contract to move 100% ownership of the production center upon conclusion and award of the last production license. View building images at https://bamcannabis.com/ohio-production-images/

Our advancement group is moving rapidly to advance the production center and we are eagerly anticipating broadening our top quality item portfolio into the Ohio market. We have actually allocated advancement and start-up expenses for the production center out of present cashflows and anticipate conclusion this Spring.

Michael Mills, President and CEO of Mind And Body Inc.

About Mind And Body Inc.

BaM is an operations focused multi-state operator investing in high quality medical and leisure cannabis growing, production and retail. Our completely owned Nevada subsidiary was granted among the very first medical marijuana growing licenses and holds growing and production licenses. BaM items consist of dried flower, edibles, oils and extracts along with GPEN Gio cartridges. BaM cannabis stress have actually won many awards consisting of the 2019 Las Vegas Weekly Bud Bracket, Las Vegas Hempfest Cup 2016, High Times Top 10, the NorCal Trick Cup and the Emerald Cup.

BaM continues to broaden operations in Nevada, California, Arkansas and Ohio and is devoted to increasing investor worth by focusing resources on enhancing functional effectiveness, center growths, state licensing chances along with mergers and acquisitions.

Please check out www.bodyandmind.com to learn more.
Instagram: @bodyandmindBaM
Twitter: @bodyandmindBaM

Initial news release

Released by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures intends to curate high quality material and info about leading cannabis business to assist our readers filter out the sound and to remain on top of the most crucial cannabis organization news. The NCV Newswire is hand-curated by an editor and not automated in anyhow. Have a private news idea? Contact us.

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