Mr. Michael Mills reports
BODY AND MIND PROVIDES CORPORATE UPDATE
Body and Mind Inc. has provided 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 Oct. 31, 2020, interim financial statements, including the related management discussion and analysis, and anticipates the Oct. 31, 2020, interim financials statements will be filed on or before Feb. 3, 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 the company's 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, chief executive officer of Body and Mind. "Our convenient ordering platform through [Body and Mind websites] 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 on-line 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.
About Body and Mind Inc.
Body and Mind is an operations-focused multistate operator investing in high-quality medical and recreational cannabis cultivation, production and retail. The company's wholly owned Nevada subsidiary was awarded one of the first medical marijuana cultivation licences and holds cultivation and production licences. Body and Mind products include dried flower, edibles, oils and extracts, as well as GPEN Gio cartridges. Body and Mind cannabis strains have won numerous awards, including the 2019 Las Vegas Weekly Bud Bracket, Las Vegas Hempfest Cup 2016, High Times Top Ten, the NorCal Secret Cup and the Emerald Cup.
Body and Mind continues to expand operations in Nevada, California, Arkansas and Ohio, and is dedicated to increasing shareholder value by focusing resources on improving operational efficiencies, facility expansions, state licensing opportunities, as well as mergers and acquisitions.
We seek Safe Harbor.
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