Body and Mind, Inc. (CSE: BAMM.CN) (OTC: BMMJ) Breaking News - April 26, 2018

Body and Mind Inc. (“BAM”) Automates Production Line

Vancouver, British Columbia --April 26, 2018  -- Body and Mind Inc. (CSE:BAMM) (OTC:BMMJ), (the “Company” or “BAM”) is pleased to announce the Company has recently purchased high capacity weighing equipment which will be delivered and installed in approximately 90 days, which coincides with the expected completion date of the Company’s current facility expansion.

BAM President Robert Hasman commented, “With increasing production, we must find more ways to automate our production line which is time consuming and labor intensive. The increased speed will help package products more quickly and efficiently, which is essential to reducing costs and maintaining excellent customer service. The multi head weight machine will accurately weigh and dispense flower products, including dispensing up to 20 packages per minute, a major increase over the manual process currently in place. We anticipate a relatively quick payback on this machinery and will look to add additional efficiency producing equipment in the coming months.”

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information regarding Body and Mind Inc. please contact:
Darren Tindale
604-376-3567
stonerockltd@gmail.com

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including the inability of the Company to obtain shareholder and exchange approval, or to raise additional equity as well as the various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. Body and Mind Inc. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law or the Canadian Securities Exchange.
We seek safe harbour.

SOURCE Body and Mind, Inc.

Body and Mind Inc. (“BAM”) Contracts with GPEN

Vancouver, British Columbia --April 12, 2018  -- Body and Mind Inc. (CSE:BAMM) (OTC:BMMJ), (the “Company” or “BAM”) is pleased to announce the Company has teamed up with GPEN, a company which is at the forefront of engineering the most advanced, user-friendly portable vaporizers in the world. The Company has entered into a one-year, renewable contract with GPEN and will be one of only two companies currently supplying the GPEN Gio cartridges in the State of Nevada. The Company intends to capitalize on the market by incorporating BAM’s recognized flavors into the cartridges.

BAM President Robert Hasman commented, “We’re delighted to have signed this collaboration with GPEN, a leader in the vaporizer market. This is further affirmation of the brand strength of BAM as a supplier of premium products, as well as our distribution system throughout the State.”

Chris Folkerts, Founder and CEO of GPEN commented, “Our success to date has been choosing the right deployment partners in new markets. As a result, the GPEN products will be available in over 500 dispensaries in the US by calendar year end. Our partnership with BAM has been excellent. Not only do they cultivate premium flower under a quality brand but they have an extensive distribution network that will see our products become more available in Nevada. We are happy to report exceptional reviews so far and we look forward to expanding our relationship with BAM further.”

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information regarding Body and Mind Inc. please contact:
Darren Tindale
604-376-3567
stonerockltd@gmail.com

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including the inability of the Company to obtain shareholder and exchange approval, or to raise additional equity as well as the various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. Body and Mind Inc. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law or the Canadian Securities Exchange.
We seek safe harbour.

SOURCE Body and Mind, Inc.

Body and Mind Inc. ("BAM") Announces Q2 Financial Results and Corporate Update

Vancouver, British Columbia --April 03, 2018  -- Body and Mind Inc. (CSE:BAMM) (OTC:BMMJ), (the “Company” or “BAM”) announces the filing of its unaudited condensed consolidated interim financial statements for the six months ended January 31, 2018 (the “Q2 Financial Statements”). The Q2 financial statements are the first reported consolidated financial statements of the Company since the acquisition of Nevada Medical Group LLC (“NMG”) by BAM on November 14, 2017 (the “Acquisition”). It should be highlighted to readers of these financial statements that the income statement of the Company’s operating company, NMG, only covers the reporting period from the date of Acquisition to Jan 31, 2018. Revenues and expenses prior to the Acquisition date have been recorded as part of the Acquisition. The parent company’s income statement is recoded for the full six month period ended January 31, 2018. Unless stated otherwise, all figures disclosed in the Company’s financial statements are stated in United States Dollars.

Robert Hasman, BAM President commented, “Our initial 10 week reporting period for our 100% owned operating subsidiary, Nevada Medical Group, was solid with a gross margin totaling USD $563,280 (approximately $720,000 in Canadian dollar terms). Having expanded our trim purchases, combined with increased yields, and the anticipated increase of flower production from the Pepper Lane expansion, we anticipate meaningful reporting improvements in our core business over the next several quarters. With listing costs now behind us, we expect improved overall performance going forward in spite of transaction assessment costs which will be prevalent.”

Q2 Financial Highlights ($USD):
• Cash $ 1,678,590
• Total sales $ 831,455
• Cost of Sales $ 268,175
• Gross Margin $ 563,280
• G&A expenses $1,912,863
• Net loss $1,419,935

Included in G&A expenses are the following non-cash charges and non-recurring expenditures ($USD):
• Listing costs (Acquisition) $ 471,408
• Stock based compensation $ 733,679
• Depreciation $ 1,575

Share Structure
• Issued and outstanding 47,704,317
• Warrants 10,106,820
• Stock Options 3,850,000
• Fully Diluted 61,661,137

Corporate Update

The company is pleased to report the expansion of its current facility is well under way. Construction has commenced and is expected to increase light capacity by approximately 40%. The project is on track to be completed by mid-summer of 2018 and is within budget.

Robert Hasman, BAM President commented, “The company is continuing to evaluate further avenues of expansion as we believe the acquisition of retail, along with the expansion of production & cultivation facilities, enables the Company to vertically integrate its business. The company has already secured a highly desired retail location in anticipation of new retail applications. We expect the state to release new applications sometime this quarter and it is further anticipated that any new applications will only be issued to currently active facilities.”

Pepper Lane North

Clark County has recently informed the Company that prior to any permitting, it is requiring the relocation of a nearby community church that leases office space in a commercial building that is within close proximity to the Pepper Lane North facility. The company has discussed relocation with the church, but to date, has not reached a resolution. A relocation plan would need to commence prior to the purchase of the Pepper Lane North building which is scheduled to close May 2018.

The company will continue to evaluate its options regarding relocating the Church and several M&A opportunities, which include the immediate acquisition of cultivation, production, and retail facilities.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information regarding Body and Mind Inc. please contact:
Darren Tindale
604-376-3567
stonerockltd@gmail.com

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including the inability of the Company to obtain shareholder and exchange approval, or to raise additional equity as well as the various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com.

Body and Mind Inc. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law or the Canadian Securities Exchange.

We seek safe harbour.

SOURCE Body and Mind, Inc.

Body and Mind Inc. ("BAM") Receives Permitting For Current Facility Expansion

Vancouver, British Columbia -- March 16, 2018  -- Body and Mind Inc. (CSE:BAMM) (OTC:BMMJ), (the “Company” or “BAM”) is pleased to announce the Company has received the necessary approvals and required permits from Clark County, Nevada, allowing the Company to proceed with its expansion plans on its current facility.

BAM President Robert Hasman commented, “We are delighted to have received the necessary permits for the Pepper Lane expansion which is anticipated to increase its current light capacity by approximately 40%. Long lead items have been ordered in advance and contractors have been engaged to commence construction this week. The construction plan is scheduled to take approximately 3 months.”

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information regarding Body and Mind Inc. please contact:
Darren Tindale
604-376-3567
stonerockltd@gmail.com

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including the inability of the Company to obtain shareholder and exchange approval, or to raise additional equity as well as the various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. Body and Mind Inc. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law or the Canadian Securities Exchange.

We seek safe harbour.

SOURCE Body and Mind, Inc.

Body and Mind Inc. ("BAM") Provides Corporate Update and Plans to Increase Production by 40% in the Near Term

Vancouver, British Columbia -- March 08, 2018  -- Body and Mind Inc. (CSE:BAMM) (OTC:BMMJ), (the “Company” or “BAM”) has completed a review of operations and business development initiatives and reports the following:

Nevada Marketplace

Flower and production sales in the State of Nevada have experienced a robust increase since the introduction of ‘adult-use’ legislation in July of 2017. Across the board, retailers, cultivators and production companies have experienced a significant increase in sales and profits – a feat that very few cannabis markets can claim. The State of Nevada and the taxation department have provided a favorable landscape for the incumbents by limiting licenses to ensure the market is not flooded with excess supply. Supply remains tight and pricing continues to be favorable. BAM believes consolidation will be a primary theme throughout 2018 as operators look for efficiencies, scale and distribution with the ultimate goal of pushing down costs and drive earnings. The Company continues to assess opportunities that create value and is solely focused on growing its Nevada presence, especially with the recent market correction.

BAM Operations

The Pepper Lane operations continue to perform well as inventory is quickly sold. Cultivation and productions sales currently represent a 55/45 ratio respectively but this is anticipated to change over time with a heavier focus on extraction going forward. Kitchen and extraction products maintain the highest margins so the Company is continuing its effort to increase the product line under the Body & Mind Inc. banner. The Company is ramping up ‘trim’ purchases for its extraction department which is anticipated to have a positive impact on cash flows.

Management has also reviewed current yields from cultivation and has determined that more improvement is needed. Several initiatives with relatively low capital costs have been under taken and the Company looks forward to communicating progress in the next quarter with new harvests. As the Company increases flower production in the coming months, the Company is considering mechanization opportunities that will streamline different tasks that currently utilize a heavy staffing requirement. This initiative will also ensure consistency. In terms of staffing, which remains a statewide challenge, the Company enjoys low turnover and believes it has the team in place to absorb new deals, acquisitions, and additional expansion.

The final build out of the existing facility has been in the permitting department of Nevada and the Company anticipates that it will receive the final approvals within the next two weeks. BAM is ready to commence construction immediately upon receipt and estimate that it will take approximately three months to complete construction. What makes this expansion exciting is that for approximately USD $500,000, the company anticipates an increase in production by 40% which could provide a meaningful impact on cash flow, as costs associated with additional square footage are variable.

The deal to acquire the adjacent Pepper Lane North building remains under contract by a real estate investment group who has agreed to complete a sale and leaseback to BAM. The deal to acquire the building adjacent to Pepper Lane is anticipated to close on or around May 2018 and only upon receipt of State and County approvals. There can be no guarantee that such approvals will be granted.

Corporate Matters

The past quarter has been consumed by the LOI to be acquired and although considerable time, effort and expense was invested in a transaction that never materialized, consolidation of the Nevada market is needed and BAM intends to be a part of it. Body and Mind is a US-domiciled entity which may provide US owners of a private business a tax free share exchange if they wanted to pursue an exit or merger with BAM. The Company maintains a flexible structure totaling 47,704,269 common shares issued and outstanding which should be appealing when considering an ideal vehicle for listing their shares. Management is currently assessing opportunities in retail, cultivation and production.

The Company is currently interviewing investor relation’s personnel who can assist in building greater awareness as BAM intends to increase shareholder communication efforts in the very near future.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information regarding Body and Mind Inc. please contact:
Darren Tindale
604-376-3567
stonerockltd@gmail.com

Notice regarding Forward Looking Statements: This news release contains forward-looking statements. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including the inability of the Company to obtain shareholder and exchange approval, or to raise additional equity as well as the various risk factors discussed in the Company's disclosure documents, which can be found under the Company's profile on www.sedar.com. Body and Mind Inc. undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law or the Canadian Securities Exchange.

We seek safe harbour.

SOURCE Body and Mind, Inc.

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About Body and Mind, Inc.:

The Perfect Balance of Body and Mind.™

For us, it’s more than a name. It’s more than a slogan. It’s what we strive for in every strain we grow and every product we make.

From our plant genetics, to our commitment to hand crafted, natural growing, to our state-of-the-art facility, everything we do is designed to give you Las Vegas medical marijuana with the balanced benefits you want.

It’s starts with our award-winning medical marijuana strains. For several years, we’ve collected elite marijuana plants from all over the world. Some had just the right body benefits. Some had just the right mind benefits. By carefully crossbreeding these plants, we’ve developed strains that give you the perfect balance of body and mind benefits. We take these amazing strains and grow them naturally, in small batches, without the use of synthetic pesticides. Every product is handcrafted and lab tested to ensure purity and potency. The result is high quality you can see—before you even try the product.

Try BaM Quality Marijuana, and you’ll find out what we mean by the perfect balance of body and mind.

Hand Crafted Quality You Can See

Beautiful, deep colors. Big, dense buds covered in crystals. A sweet, distinct aroma for every strain. You can tell the quality of our medical marijuana.

How do we do it?Master Grower Tending Plants, BaM Quality Medical Marijuana, Las Vegas, Nevada

BaM Quality Marijuana is lovingly grown in small batches. Each plant receives one-on-one care from our master growers, with watering and trimming by hand.

They’re grown naturally, without the use of synthetic pesticides. And of course we start with what we believe to be the finest genetics in the world—the award-winning strains of Sin City Seeds.

Try BaM quality marijuana, and you’ll see it’s as good as it looks.

Our Natural Growing Commitment
BaM Quality Medical Marijuana, Plants Inside Facility 3, Las Vegas, Nevada

• BaM Quality Marijuana is grown naturally
• We will never use synthetic pesticides
• Our concentrates are made without chemical solvents, like butane
• Every batch is lab tested to ensure it is potent and free of contaminants

Our Facility & Team
BaM marijuana is grown in a state-of-the-art, climate-BaM Quality Medical Marijuana, Inside Facility, Las Vegascontrolled facility. Temperature and humidity are constantly monitored to ensure optimal growing conditions.

But even more important than our facility is the team who grows our plants.

Our master growers and geneticist Blue Power Week 1, BaM Quality Medical Marijuana, Las Vegas Nevadahave been working together for more than a decade, and share a commitment to hand-crafted marijuana of the highest quality. They have personally trained all staff involved in cultivation and production. Just another reason why you can count on BaM for consistent quality and potency.

Investment Highlights
BamBodyandMind

Nevada has become a top ‘adult use’ cannabis destination and is
among the fastest growing markets in the world.

Limited licensing environment creates ideal operating
conditions in Nevada.

Strong brand recognition has enabled BAM to secure shelf
space in 70% (approx.) of state dispensaries.

BAM has two major phases of expansion underway to leverage brand, create economies-of-scale opportunities, and increase profitability.

BAM is pursuing out-of-state licensing opportunities which could provide significant upside for shareholders.
SOURCE: http://bammarijuana.com/

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