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Body and Mind (CSE:BAMM) opens dispensary in Illinois

Shoran Devi, The Market Herald
0 Comments| April 26, 2023

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  • Body and Mind (BAMM) announced its entry into the Illinois market with the opening of a dispensary in Markham, Illinois
  • The new dispensary has a wide range of brands and cannabis offerings including edibles, flowers, vaping products and accessories
  • Body and Mind is an operations-focused cannabis company
  • Body and Mind Inc. (BAMM) opened trading at C$0.065 per share

Body and Mind (BAMM) announced its entry into the Illinois market with the opening of a dispensary in Markham, Illinois.

The dispensary is a full-service cannabis dispensary. It brings skills and experience from the California, Nevada, Ohio, Michigan and Arkansas markets to help patients.

The new dispensary has a wide range of brands and cannabis offerings including edibles, flowers, vaping products, concentrates, capsules, tinctures, topicals and accessories. The new location also offers convenient on-line ordering for pickup.

The company also has options to acquire the Body and Mind-branded dispensary in Markham, Illinois along with the other Illinois Body and Mind-branded dispensary.

Stock options

The company has also issued an aggregate of 9,773,000 stock options as part of the company’s 2023 Stock and Incentive Plan.

The options are exercisable at $0.065 per share for five years, expiring on April 25, 2028. 5,723,000 of the options vested immediately and 4,050,000 of the options vest as to 25 per cent on each date that is 6 months, 12 months, 18 months and 24 months from the date of grant.

About the company

BaM is an operations-focused cannabis company. It invests in high quality medical and recreational cannabis cultivation, production/ manufacturing and retail.

The company’s products include dried flower, edibles, extracts and oils as well as GPEN Gio cartridges.

Body and Mind Inc. (BAMM) opened trading at C$0.065 per share.

The materials provided in this article are for information only and should not be treated as investment advice. For full disclaimer information, please click here.



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