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Wednesday, December 20, 2017 6:18:55 PM
VANCOUVER, British Columbia, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Body and Mind Inc. (CSE:BAMM) (US OTC:BMMJ), (the “Company” or “BAMM”), is pleased to announce two significant transactions. The Company has reached an agreement with a real estate investment group, led by the Company’s President, who will purchase a building adjacent to the existing facility and lease it back to a newly formed partnership called Pepper Lane North LLC (“PLN” or “Partnership”) on a long-term basis with renewal options. PLN is a strategic partnership between BAMM and one of the preeminent dispensary chains in the State of Nevada. BAMM’s partner will also transfer an active cultivation license to the facility and all expenditures under PLN will be funded on a 50/50 basis.
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