VANCOUVER, British Columbia, Dec. 11, 2018 (GLOBE NEWSWIRE) -- Body and Mind Inc. (CSE: BAMM, US OTC PINK: BMMJ)
(the “Company” or “BaM”) announces the Company has issued an aggregate of 2,050,000 stock options (the
“Options”) in accordance with the Company’s stock option plan at an exercise price of CDN $0.57 per share for a
five year term expiring December 10, 2023. The Options were granted to newly appointed management personnel, in addition to current
directors, officers, employees and consultants of the Company. The Options vest as of the date of the grant.
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, please contact:
Michael Mills
778-389-0007
mmills@bamcannabis.com
About Body and Mind
BaM is a publicly traded company investing in high quality medical and recreational cannabis cultivation and
production and retail. Our wholly-owned Nevada subsidiary was awarded one of the first medical marijuana cultivation licences and
holds cultivation and production licenses. BaM products include dried flower, edibles, topicals, extracts as well as GPEN Gio
cartridges. BaM marijuana strains have won numerous awards including the Las Vegas Hempfest Cup 2016, High Times Top Ten, the
NorCal Secret Cup and the Emerald Cup.
BaM continues to expand operations in Nevada, California and Ohio and is constantly reviewing accretive
expansion opportunities.
Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news
release constitutes “forward-looking statements” as such term is used in applicable United States and Canadian laws. These
statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet
determinable and assumptions of management.
Any other statements that express or involve discussions with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as
“expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating
that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved) are not
statements of historical fact and should be viewed as “forward-looking statements”. Such forward-looking statements involve known
and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company
to be materially different from any future results, performance or achievements expressed or implied by such forward-looking
statements.
Such risks and other factors include, among others, the actual results of activities, variations in the
underlying assumptions associated with the estimation of activities, the availability of capital to fund programs and the resulting
dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks. Although the
Company has attempted to identify important factors that could cause actual actions, events or results to differ materially
from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements contained in this news release and in any document referred to in this news
release.
Certain matters discussed in this news release and oral statements made from time to time by representatives
of the Company may constitute forward-looking statements. Although the Company believes that the expectations reflected in such
forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved.
Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ
materially from those projected. Many of these factors are beyond the Company’s ability to control or predict. Important factors
that may cause actual results to differ materially and that could impact the Company and the statements contained in this news
release can be found in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to
update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press
release shall not constitute an offer to sell or the solicitation of an offer to buy securities.