The latest announcement is out from Body & Mind ( (TSE:BAMM) ).
Body and Mind Inc. announced the grand opening of its Lynwood, Illinois dispensary, marking a significant expansion in its retail footprint. The company also disclosed an amendment to its credit facility with Bengal Catalyst Fund, which includes a payment acknowledgment, an interest rate increase, and a forbearance period to address its current default status, impacting its financial operations and stakeholder interests.
More about Body & Mind
Body and Mind Inc. is an operations-focused cannabis company that operates retail cannabis dispensaries in California and Illinois, with pending operations in New Jersey. The company aims to increase market share by enhancing customer satisfaction and improving operational efficiencies to drive profits, focusing on return on investment through successful retail cannabis store launches.
YTD Price Performance: -50.0%
Average Trading Volume: 167,798
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.6M
Learn more about BAMM stock on TipRanks’ Stock Analysis page.