BMMJ - Body and Mind inks management agreements with NMG IL 1 and NMG IL 4

Body and Mind (OTCQB:BMMJ) has management agreements with each of NMG IL 1 and NMG IL 4 and the option to indirectly acquire all of the membership interests in both. Each of NMG IL 1 and NMG IL 4 have been identified in the Illinois Department of Financial and Professional Regulation (IDFPR) results of the Social Equity Justice Involved Lottery for 55 Conditional Adult-Use Cannabis Dispensary Licenses across the state. The certified results are from a lottery with a pool of applicants who scored 85 % or greater in their applications. "We have a number of locations identified in the Chicago area that we believe will represent significant opportunity and our recent $11.1M debt financing is expected to allow us to move quickly," said Trip Hoffman, COO of Body and Mind.

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Body and Mind inks management agreements with NMG IL 1 and NMG IL 4