---
schema_version: "secwatch.filing_event.v1"
accession: "0001640334-25-000199"
form_type: "8-K"
ticker: null
cik: "0001715611"
company_name: "BODY & MIND INC."
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T01:42:30.777355+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Body and Mind restates Q2 & Q3 FY2024 financials; VIE and fee-income errors

## Summary
- Board determined Q2 FY2024 (Jan 31, 2024) and Q3 FY2024 (Apr 30, 2024) financials should no longer be relied upon.
- Errors: entity incorrectly deconsolidated (should have been asset held for sale as a VIE) and management fee income not properly recorded.
- Misstatements deemed material on a cumulative basis by the Board.
- Company will file amended 10-Qs for Q2 and Q3 FY2024 to restate the financials.
- Procedures pending: external accounting memo, additional review, and auditor QC sign-off.

## SEC filing metadata
- accession: 0001640334-25-000199
- form_type: 8-K
- cik: 0001715611
- company_name: BODY & MIND INC.
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1715611/000164033425000199/0001640334-25-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1715611/000164033425000199/bmmj_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001640334-25-000199
- JSON: https://secwatch.observer/filing/0001640334-25-000199.json
- Plain text: https://secwatch.observer/filing/0001640334-25-000199.txt

## Key facts
- Auditor Changes
  BODY & MIND INC. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On February 3, 2025, the Board of Directors of Body and Mind Inc. (the “ Company ”) determined that certain of the Company’s previously issued condensed consolidated financial statements as noted below should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1715611/000164033425000199/0001640334-25-000199-index.htm

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