Body and Mind is focused on limited license markets.
Ohio: One production facility.
Michigan: 1 store.
Nevada: 18,000 sq ft cultivation and 8,000 sq ft production facilities with a distribution license.
New Jersey: 1 store.
California: 3 stores with 60% ownership in 1.
Arkansas: One of few with a vertical license, including 1 store.
Illinois: 2 stores.
NEWS & PARTNERSHIPS:
2017
The company acquired Nevada Medical Group.
The company reached an agreement with a real estate investment group led by the company’s president that will purchase an approximate 30,000 sq ft building intended for cultivation which is adjacent to the existing cultivation facility and lease it back to a newly formed partnership called Pepper Lane North on a long-term basis with renewal options. PLN is a strategic partnership between BAM and one of the store chains in the state of Nevada. The partner will transfer an active cultivation license to the facility and all expenditures under the partnership will be funded on a 50/50 basis. BAM signed an operating and management agreement with PLN and will receive the greater of either 15,000 USD per month or 10% of PLN’s net profits. The company earmarked 4,000 sq ft for frontage of a store in the new facility.
PLN is a strategic partnership with one of the preeminent store chains in the State of Nevada. Body and Mind’s partner will transfer an active cultivation license to the facility and all expenditures under PLN will be funded on a 50/50 basis.
4,000 sq ft of the facility will be used for a store upon receipt of a retail license.
At least half of the sales under PLN is thought to be sold to Body and Mind’s partner through their existing store network. Body and Mind has also signed an operating and management agreement with PLN and will receive the greater of USD$15,000/month or 10% of PLN’s net profits.
2018
The company entered into agreement to purchase 43% of the equity interest and 60% of the voting rights in the ShowGrow San Diego store, 30% equity interest in ShowGrow Las Vegas, and 100% ownership of the ShowGrow app.
The company entered into a strategic investment agreement with Australis holding around 25% of Body and Mind. The parties also agreed to negotiate in good faith a license agreement with BaM granting Australis an exclusive and assignable license to use the BaM brand outside of the US on commercially reasonable terms. The company will enter into a commercial advisory agreement with Australis Capital that will provide advisory and consulting services to BaM for a term ending oon the earliest of the following dates: 5 years following the closing of the transactions contemplated by this investment agreement , the date Australis holds less than 10% of the company.
The company renewed its license agreement with G Pen for another year and became 1 of 2 companies to supply the G Pen in Nevada.
The company was selected as a Nevada licensing partner by Chooze Corp for its LucidMood formulations where the company will add THC and CBD as well as work with LM on sales programs and distribution.
2019
The company entered into a management agreement and a convertible loan agreement with Comprehensive Care Group. The company expanded into Arkansas through its partner CCG where the companies intend to open a store.
2020
The company entered into a license agreement with Sense Distribution for direct manufacturing and distribution of THC-infused all-natural sweeteners through the Shoogies brand in California.
The company finalized a production licensing agreement with Her Highness to bring its brand to the Nevada market.
The company’s Body and Mind-branded store in Arkansas was awarded Best Dispensary in Arkansas by Ark420.com.
The company acquired 60% of the ShowGrow San Diego store.
2021
The company entered into definitive agreements to acquire Canopy Monterey Bay which owns a store in California.
The company acquired the remaining 70% of NMG Ohio for 1 store and a production license.
The company announced that 2 of its Illinois entities which the company has management agreements with as well as an option to acquire each won a Chicago conditional license in Illinois’ store lottery.
2022
The company acquired CraftedPlants NJ for a leased store in New Jersey.
The company rebranded its Long Beach and San Diego store from ShowGrow to Body and Mind.
2023
The company sold its store in Ohio.
The company acquired its Long Beach store.
2024
The company acquired its Markham, Illinois store.
The company sold its cultivation and processing operations in Nevada.
2025
The company sold its store in Long Beach.
The company agreed to sell its 60% ownership of the Body and Mind San Diego store to OTC Miramar.
The company entered into definitive agreements for the sale of its 2 stores in Illinois to Dutchess Cannabis for a down payment of $5 M. Half of the money is paid upfront and the second half of the money is paid when the sale is finalized and then there is a earnout which is based on the profit of the stores from a 1-year period which starts 3 months after the buyer has taken over the operations. The bonus payment is 3.2 times the total profit from that year minus the $5 M. The company will pay Dutchess $12,500 per month for an MSA agreement while the sales are pending.
BRANDS:
The Body and Mind brand carries hundreds of different cultivars in their vaults. From these flowers, pre-rolls are made with infused hash, kief and diamonds.
The brand has solvent-based extracts such as butane hash oil and solventless extracts like ice water hash, live resin and live rosin, bubble hash, wax, shatter, diamonds, sauce, diamonds in sauce, sugar and batter/badder/budder.
The brand also carries vape cartridges, edibles in the form of candy, baked goods and beverages.
Any Day offers hand-selected, sun-grown, artisanal flower cultivated in the Emerald Triangle in the heart of Humboldt County.
King Cannabis offers users a milder cannabis experience at value pricing with cartridges, flower, pre-rolls and edibles.