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Body & Mind Inc. Issues Equity for Consultant Services
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Body & Mind Inc. Issues Equity for Consultant Services

Body & Mind Inc. (BMMJ) has released an update.

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Body and Mind Inc. recently compensated a consultant with 2,700,393 shares of common stock, equivalent to US$180,000, for advisory services rendered until January 6, 2024. This issuance, done at CAD$0.088967 per share, utilized an exemption from registration under the U.S. Securities Act, leveraging Rule 506(b) of Regulation D and/or Section 4(a)(2) to facilitate the transaction.

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