A multi-state cannabis operator Body and Mind Inc. (CSE:BAMM, OTCQB: , BMMJ)) announced Friday it has obtained license approval for its Ohio production facility as well as local approval for its manufacturing facility in California.
Ohio Production Facility Update
California Manufacturing Facility Update
“We have been working with the property owner and local and state representatives for months to advance a wholly-owned manufacturing facility, which will also include a distribution license,” Trip Hoffman, COO of Body and Mind said in a statement. “Our development team has done a fantastic job with the Ohio facility and are looking forward to advancing the California opportunity which is anticipated to be funded from cash flow.”
Additional updates
- Arkansas - Body and Mind further revealed that its cultivation activities in West Memphis, Arkansas with the Comprehensive Care Group have moved forward. First batches of seeds have been sprouted and the first harvest is projected for October.
- Financial Results – the company plans to file its quarterly report on Form 10-Q with the SEC for the nine months ending April 30, on or prior to June 21st.
Price Action
Body and Mind’s shares were trading 0.82% higher at 37 cents per share at the time of writing.
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