Item 7.01 Regulation FD Disclosure
On January 28, 2021, Body and Mind Inc. (the "Company" or "BaM") issued a news
release to provide an update on the financial statements, San Diego ShowGrow
operations, the Arkansas Body and Mind branded dispensary and construction at
NMG Ohio's production facility.
The Company is working to complete the October 31, 2020 interim financial
statements, including the related management discussion and analysis, and
anticipates the October 31, 2020 interim financials statements will be filed on
or before February 3rd, 2021.
In San Diego, the Company has increased customer access through a proprietary
delivery platform at the ShowGrow San Diego dispensary. Customers can order
on-line for pickup in store, curbside and now through our delivery platform.
"We've seen a significant uptick in on-line and curbside orders across all our
dispensary operations as customers increasingly choose low contact purchasing
options," stated Michael Mills, CEO of Body and Mind. "Our convenient ordering
platform through www.buybamonline.com or www.bodyandmind.com allows customers to
view real time menus and pricing as well as participate in our popular rewards
programs."
The Body and Mind branded dispensary in Arkansas has also commenced a delivery
option and offers customers convenient contact free choices including online
ordering in advance. The Arkansas facility completed construction last year and
is progressing with preparation for cultivation operations. The cultivation team
is engaged in the final stages of set up in advance of inspection and permitting
by local and state authorities.
In Elyria, Ohio, the Company continues to make progress at NMG Ohio's new
production operation project. The fundamental HVAC, plumbing and electrical work
has been completed with only security systems and finishing work remaining.
Construction is expected to be completed around March 2021, with equipment setup
and inspections planned soon thereafter.
A copy of the news release is attached as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Description
99.1 News Release dated January 28, 2021.
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