UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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N/A | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (Section 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Section 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
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SECTION 7 – REGULATION FD
Item 7.01 Regulation FD Disclosure
On May 25, 2023, Body and Mind Inc. (the “Company” or “BaM”) issued a news release to announce the Grand Opening of the Body and Mind dispensary in Markham, Illinois. The Markham dispensary is conveniently located near the intersection of Highways I-57, I-294 and I-80 with over 400,000 cars per day passing within a mile of the dispensary.
The Company plans to celebrate with a Grand Opening ceremony over the Memorial Day weekend with military discounts to honor our service members and veterans, as well as many other promotional sales. On May 27th the event will include live entertainment, food trucks, representation by local brands, free merchandise and a ribbon cutting with local and state politicians and influencers at 11:00 AM. The dispensary carries a wide selection of popular form factors from brands including High Supply, Rhythm, Savvy, Dogwalkers, UpNorth, PTS and Daze Off.
In celebration of the grand opening, local cannabis brands including 93 Boys, Wyld, Stiizy, Kiva, and Rhythm, along with representatives from GTI, 4Front, Grass Roots, PTS, Aeriz and Cresco, will be on site to educate customers on the wide variety of products.
The Body and Mind dispensary is a full-service cannabis dispensary offering a wide range of brands and cannabis offerings including edibles, flower, vaping products, concentrates, capsules, tinctures, topicals and accessories. The new location offers convenient on-line ordering for expedited pickup and customers can order in advance by visiting https://bodyandmind.com/illinois/markhamdispensary/markham-menu/.
A copy of the news release is attached as Exhibit 99.1 hereto.
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SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit | Description |
104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BODY AND MIND INC. |
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DATE: May 25, 2023 | By: | /s/ Michael Mills |
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| Michael Mills |
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| President, CEO and Director |
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EXHIBIT 99.1
NEWS RELEASE – For Immediate Dissemination
BODY AND MIND MARKHAM ILLINOIS DISPENSARY GRAND OPENING
Las Vegas, Nevada and Vancouver, British Columbia--(Newsfile Corp. - May 25, 2023) – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Company” or “BaM”) an operations-driven multistate cannabis company, is pleased to announce the Grand Opening of the Body and Mind dispensary in Markham, Illinois. The Markham dispensary is conveniently located near the intersection of Highways I-57, I-294 and I-80 with over 400,000 cars per day passing within a mile of the dispensary.
The Company plans to celebrate with a Grand Opening ceremony over the Memorial Day weekend with military discounts to honor our service members and veterans, as well as many other promotional sales. On May 27th the event will include live entertainment, food trucks, representation by local brands, free merchandise and a ribbon cutting with local and state politicians and influencers at 11:00 AM. The dispensary carries a wide selection of popular form factors from brands including High Supply, Rhythm, Savvy, Dogwalkers, UpNorth, PTS and Daze Off.
In celebration of the grand opening, local cannabis brands including 93 Boys, Wyld, Stiizy, Kiva, and Rhythm, along with representatives from GTI, 4Front, Grass Roots, PTS, Aeriz and Cresco, will be on site to educate customers on the wide variety of products.
The Body and Mind dispensary is a full-service cannabis dispensary offering a wide range of brands and cannabis offerings including edibles, flower, vaping products, concentrates, capsules, tinctures, topicals and accessories. The new location offers convenient on-line ordering for expedited pickup and customers can order in advance by visiting https://bodyandmind.com/illinois/markhamdispensary/markham-menu/.
About Body and Mind Inc.
BaM is an operations-focused cannabis company with active retail operations in Ohio, Arkansas, and California, pending retail operations in Illinois and New Jersey, and craft cultivation and/or processing operations in Nevada, Ohio and Arkansas. We work daily to increase our market share through delighting customers while also continuing to hone our operational efficiencies to drive profits. We are primarily guided by the metric of return on investment. Currently, we believe the most significant return on investment projects in front of us are successful retail cannabis store launches in Illinois and New Jersey, which augment our existing retail footprint. We also believe that our team’s core operational skillsets will create significant future shareholder value as the cannabis industry matures.
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Please visit www.bodyandmind.com for more information.
Instagram: @bodyandmindBaM
Twitter: @bodyandmindBaM
For further information, please contact:
Company Contact:
Michael Mills
President and CEO
Tel: 800-361-6312
ir@bodyandmind.com
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not statements of historical fact and should be viewed as “forward-looking statements”. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of activities, variations in the underlying assumptions associated with the estimation of activities, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release.
Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
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Cover |
May 25, 2023 |
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Cover [Abstract] | |
Entity Registrant Name | BODY AND MIND INC. |
Entity Central Index Key | 0001715611 |
Document Type | 8-K |
Amendment Flag | false |
Entity Emerging Growth Company | true |
Document Period End Date | May 25, 2023 |
Entity Ex Transition Period | true |
Entity Incorporation State Country Code | NV |
Entity File Number | 000-55940 |
Entity Tax Identification Number | 98-1319227 |
Entity Address Address Line 1 | 750 – 1095 West Pender Street |
Entity Address City Or Town | Vancouver |
Entity Address Country | CA |
Entity Address Postal Zip Code | V6E 2M6 |
City Area Code | 800 |
Local Phone Number | 361-6312 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
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