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Body and Mind Inc. Completes Nevada Subsidiary Divestment

Story Highlights
  • Body and Mind Inc. operates cannabis dispensaries in California and develops retail in New Jersey.
  • The company completed the divestment of Nevada Medical Group LLC to focus on strategic growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Body and Mind Inc. Completes Nevada Subsidiary Divestment

Confident Investing Starts Here:

An update from Body & Mind ( (TSE:BAMM) ) is now available.

Body and Mind Inc. has completed the divestment of its wholly-owned subsidiary, Nevada Medical Group LLC, as part of its strategic business decisions. This move is expected to impact the company’s operations by potentially reallocating resources to enhance its market presence in California and New Jersey, thereby strengthening its industry positioning.

More about Body & Mind

Body and Mind Inc. is an operations-focused cannabis company that operates retail cannabis dispensaries in California and is involved in retail development in New Jersey. The company aims to increase market share by enhancing customer satisfaction and improving operational efficiencies, with a primary focus on return on investment.

Technical Sentiment Signal: Sell

Current Market Cap: C$3.69M

See more data about BAMM stock on TipRanks’ Stock Analysis page.

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