secwatch.observer — SEC 8-K summary
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Issuer:     BODY & MIND INC. (—)
CIK:        0001715611
Form:       8-K
Filed at:   2024-03-26T23:59:59+00:00
Accession:  0001640334-24-000488
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Body and Mind Q2 net loss narrows to $0.2M from $2.7M; revenue flat at $4.4M
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- Net loss of $0.2M in Q2 FY2024 vs $2.7M in Q2 FY2023; gross margin improved to 45.7% from 39.9%.
- Revenue of $4.4M flat year-over-year; net operating loss improved from ($1.4M) to ($0.8M).
- Entered definitive agreement to divest Nevada cultivation/production ops for $2M total consideration.
- Lynwood, IL dispensary construction nearly complete; expected to open in first half of 2024.
- New Jersey dispensary license application advanced; demolition completed, building permit expected soon.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1715611/000164033424000488/0001640334-24-000488-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1715611/000164033424000488/bmmj_8k.htm
  HTML page:      https://secwatch.observer/filing/0001640334-24-000488

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer