---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-22-002623"
form_type: "8-K"
ticker: null
cik: "0001715611"
company_name: "BODY & MIND INC."
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:32:32.021320+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Body and Mind completes acquisition of all Canopy Monterey Bay membership interests

## Summary
- Issued 16,301,694 shares of common stock at a deemed price of $0.134 per share to sellers.
- 2,238,806 shares held in escrow pending working capital adjustment.
- Acquisition of 100% of Canopy from five sellers via amended MIPAs dated Nov 30, 2021.
- Acquisition financial statements to be filed on or before February 16, 2023.

## SEC filing metadata
- accession: 0001640334-22-002623
- form_type: 8-K
- cik: 0001715611
- company_name: BODY & MIND INC.
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1715611/000164033422002623/0001640334-22-002623-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1715611/000164033422002623/bmmj_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-22-002623
- JSON: https://secwatch.observer/filing/0001640334-22-002623.json
- Plain text: https://secwatch.observer/filing/0001640334-22-002623.txt

## Key facts
- M&A Transactions
  BODY & MIND INC. completed an acquisition involving Canopy Monterey Bay, LLC (closed 2022-12-07).
  - Action: acquisition
  - Counterparty: Canopy Monterey Bay, LLC
  - Closing: 2022-12-07
  source text: On December 7, 2022, pursuant to the previously announced (i) membership interest purchase agreement (“ MIPA #1 ”), dated November 30, 2021, as amended on June 17, 2022, entered into between Body and Mind Inc.’s (the “ Company ”) wholly owned subsidiary, DEP Nevada, Inc. (“ DEP ”), Canopy Monterey Bay, LLC (“ Canopy ”) and the membership interest owners of Canopy, Carey Stiebel (the “ Continuing Owner ”), Jana Stiebel, Jayme Rivard, Adrian Dermicek and Laurie Johnson (collectively, the “ Sellers ”) to purchase eighty percent (80%) of the issued and outstanding membership interests of Canopy, and (ii) membership interest purchase agreement (“ MIPA #2 ”), dated November 30, 2021, as amended on June 17, 2022, entered into between DEP and the Continuing Owner of Canopy to purchase the remaining twenty percent (20%) of the issued and outstanding membership interests of Canopy, the Company through DEP completed the acquisition of all of the membership interests of Canopy from the Sellers and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1715611/000164033422002623/0001640334-22-002623-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.