Body and Mind Appoints Michael Mills As CEO

Body and Mind (CSE: BAMM) (OTC: BMMJ), a multi-state cannabis operator, announced it has appointed Michael Mills as a permanent Chief Executive Officer. Mills was previously Interim CEO.

"Michael and the team he leads at Body and Mind have diligently executed on the strategy of debt-free, strategic expansion of the company," stated Body and Mind director David Wenger.

Among the initiatives Mills oversaw was opening new facilities in 2020. 

"Opening three new revenue-producing facilities in the past three months in three states during challenging conditions is a testament to the company's dedicated personnel and tenacity to move forward with our growth plan, add revenue, and expand the Body and Mind brand presence, production capacity, and dispensary footprint," Wenger added.

Body and Mind has conferred a total of 1,375,000 stock options to current directors, officers and consultants of the company as an incentive plan at an exercise price of CDN$0.67 per share for a term of five years expiring on April 30, 2025. 

“This is an exciting time to be in the Cannabis industry and expand our operations. I greatly appreciate the support of our experienced leadership team and board of directors as we grow our operations and brand," Mills told Benzinga. “All industries are going through significant changes at this time and we’ve been fortunate to be considered an essential service in the states we operate which has enabled us to continue serving our patients and customers.”

Photo courtesy of Body and Mind