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Asset Scramble: Body & Mind Secures $2.3M To Drive Cannabis Growth In Illinois And New Jersey
Sunday, October 27, 2024 - 8:22am | 482Body and Mind Inc. (CSE:BAMM), (OTC:BMMJ), a multi-state cannabis company, announced a new credit facility with Bengal Catalyst Fund, LP, securing up to $2.3 million to support its U.S. expansion efforts. The financing aims to help Body and Mind build out key dispensary projects in Illinois and New...
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Body and Mind Narrows Loss By 30% YoY In Q3, Doubles Down On Streamlining Operations
Friday, June 21, 2024 - 3:08pm | 561Body and Mind Inc. (CSE:BAMM) (OTCQB:BMMJ) announced on Friday its financial results for the third quarter of fiscal year 2024 ended April 30, 2024. Michael Mills, the company's CEO, said in a press release that BaM is working on streamlining its operations. “We continue to execute our...
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Body and Mind's Q2 Revenue Flat YoY, Narrows Loss By 94%
Tuesday, March 26, 2024 - 2:16pm | 623Body and Mind Inc. (CSE:BAMM) (OTCQB:BMMJ) announced its financial results on Tuesday for the second quarter of fiscal year 2024 ended Jan. 31, 2024, revealing a 94% year-over-year drop in net loss. The company said that during the quarter it has entered into a definitive agreement to divest its...
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Body And Mind's Q1 2024 Earnings: Ohio Sale Sparks Net Income Jump
Thursday, December 21, 2023 - 1:14pm | 495Body and Mind Inc (OTCQB:BMMJ), a cannabis multi-state operator (MSO), announced its earnings on Thursday. Q1 2024 Financial Highlights Revenue was $5.5 million, marking a 7% decrease from the $5.8 million in Q1 FY2023 Net income was $0.2 million, compared to a net loss of $3.0 million in Q1 FY...
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Body and Mind Reports Revenue Dip In 2023 But CEO Is Optimistic About Future Growth
Tuesday, November 14, 2023 - 12:03pm | 752Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) announced its financial results on Tuesday for the fiscal year ended July 31, 2023, revealing a 2.4% year-over-year decrease to $22.8 million. “This year has been focused on streamlining our assets and operations in support of developing...
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Ohio Dispensary Sale To Fund Retail Expansion In Other States? This Cannabis Co. Shifts Focus
Wednesday, October 18, 2023 - 10:41am | 717Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) said on Wednesday that its wholly owned subsidiary, DEP Nevada, Inc., has closed the previously announced transaction to sell all of its interests in the Body and Mind Ohio dispensary for $8.225 million in cash. What Happened DEP Nevada entered into...
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Body And Mind Q3 FY23 Revenue Declines 7% YoY, What About Adjusted EBITDA?
Wednesday, June 21, 2023 - 10:17am | 358Body and Mind Inc. (OTCQB: BMMJ) (CSE:BAMM) released its financial results for the third quarter of fiscal year 2023 ended April 30, 2023, revealing revenue of $7.3 million, a decrease of 7% compared to $7.9 million in Q3 FY 2022, and a decrease of 5% compared to $7.7 million in Q2 FY 2023. Q3 FY...
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Body And Mind Enters Illinois Cannabis Market
Wednesday, April 26, 2023 - 10:12am | 448Body and Mind Inc. (CSE:BAMM) (OTCQB: BMMJ) announced entry into the Illinois market with the opening of the Body and Mind dispensary in Markham, Illinois. "We are excited to open the Markham dispensary and believe that Illinois continues to be an underserved market for cannabis patients and...
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Body And Mind Q2 FY23 Revenue Declines 3.75% YoY, What About Adjusted EBITDA?
Thursday, March 23, 2023 - 9:58am | 388Body and Mind Inc. (OTCQB: BMMJ) (CSE:BAMM) revenue for Q2 FY 2023 was $7.7 million, a 3.75% decrease compared to $8 million in Q2 FY 2022. Q2 FY 2023 Financial Highlights: Gross profit of $2.26 million for Q2 FY 2023 compared to a gross profit of $2.63 million for Q2 FY 2022. Q2 FY 2023 net...
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Body And Mind Shares Drop Slightly On FY 2022 Gross Profit Decrease Of 9% YoY
Wednesday, January 18, 2023 - 11:44am | 712Body and Mind Inc. (OTCQB: BMMJ) (CSE:BAMM) released financial results for the fiscal year ended July 31, 2022, revealing revenue of $31.6 million, a 17.6 % increase over FY 2021 revenue of $26.9 million. FY 2022 Financial Highlights Gross profit of $10.9 million for FY 2022 compared to a gross...
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$3M In New Funding Facilitate New Jersey Landing For This Multi-State Cannabis Operator
Thursday, December 22, 2022 - 4:19pm | 594Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ), a multi-state cannabis operator, recently announced is providing an update regarding its delayed annual financial statements for the year ended July 31, 2022. That includes related management discussion and analysis, as well as CEO and CFO...
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Body And Mind Awarded Two Conditional Chicago Dispensary Licenses
Wednesday, July 27, 2022 - 10:01am | 350NMG IL 1, LLC and NMG IL 4, LLC subsidiaries of Body and Mind Inc., (OTCQB: BMMJ) (CSE:BAMM) have been awarded conditional dispensary licenses in the Chicago area. NMG IL 1 and NMG IL 4 conditional licenses were awarded for BLS Region #5 (Chicago-Naperville-Elgin) where 119 conditional licenses are...
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Body And Mind Q3 2022 Revenue Increases 10% YoY
Wednesday, June 22, 2022 - 10:19am | 374Body and Mind Inc. (OTCQB: BMMJ) (CSE:BAMM) released its financial results for the third fiscal quarter ended April 30, 2022, revealing revenue of $7.88 million, a 10% increase over Q3 2021 revenue of $7.16 million. Q3 2022 Financial Higlights Gross profit of $2.91 million Net loss of $2.46...
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Body And Mind Amends Seaside Cannabis Dispensary Purchase Agreement
Tuesday, June 21, 2022 - 8:25am | 652Body and Mind Inc. (CSE:BAMM) (OTCQB: BMMJ) provided an update on the first amendment to the Seaside dispensary purchase agreement. The company, though its wholly owned subsidiary, DEP Nevada, Inc., executed definitive agreements to purchase the Reef dispensary in Seaside California on November 30...
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Body And Mind Extends Debt Financing
Wednesday, June 15, 2022 - 12:48pm | 535Body and Mind Inc. (OTCQB: BMMJ) (CSE:BAMM) provided an update on the extension and amendments to its loan agreement entered into between the company, DEP Nevada, Inc., a wholly owned subsidiary of the company, the guarantors as set forth in the loan agreement, FG Agency Lending LLC and Bomind...