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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:

 

 

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.

 

 

 

On February 24, 2020, Body and Mind Inc. (the “Company”) issued a news release announcing that it has received all necessary permits to commence operations at its Nevada production facility located within one mile of the Pepper Lane cultivation facility.

 

The new production facility will be located within a 7,500 square foot commercial building where the Company has secured a long-term lease. Equipment is being moved into the facility and the space has been custom designed to produce edibles, oils and extracts at scale. With the increased production capacity, the Company plans to offer contract manufacturing for other brands of complementary products.

 

“We are looking forward to the opportunity to expand all aspects of our production as we move into the custom designed space. The new facility includes high-volume extraction equipment to dramatically increase capacity and efficiency of our extraction products including oils, wax, live resin and ambrosia. We currently have strong demand for our brands and new equipment and space planning is anticipated to enable us to meet the increased interest for our current and future products. The new facility and increased capacity will allow Body and Mind the opportunity to provide white label services to national brands interested in entering the Nevada market” stated Michael Mills, President and Interim CEO of BaM.

 

The Company is currently testing new edible, oil and extraction products that upon successful testing will be manufactured at the new facility and marketed under the Body and Mind marquis life-style brand.

 

A copy of the news release is attached as Exhibit 99.1 hereto.

 

 

 

 

 

 

 

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.