{"schema_version":"secwatch.filing_event.v1","accession":"0001640334-25-001033","form_type":"8-K","ticker":null,"cik":"0001715611","company_name":"BODY & MIND INC.","filed_at":"2025-06-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.450167+00:00","generated_at":"2026-05-19T10:51:40.680335+00:00","sec_items":["1.01","2.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Body and Mind completes NMG sale to Fox Farms; enters $587K secured note with SGC","bullets":["DEP subsidiary sold NMG membership interests to Fox Farms; Fox paid $200K cash and issued $200K promissory note, contingent on tax dispute resolution.","SGC advanced $587K to DEP as part of NMG Long Beach sale; secured by 80% of NMG LB membership interests and other assets.","Promissory note to SGC bears 5% interest, balloon payment due Oct 29, 2025.","Letter Agreement delays Fox Farms note effectiveness until Nevada tax audit dispute (2019-2021) is resolved.","Company cannot determine if NMG disposition exceeds 20% significance due to contingent consideration."],"urls":{"canonical":"https://secwatch.observer/filing/0001640334-25-001033","json":"https://secwatch.observer/filing/0001640334-25-001033.json","markdown":"https://secwatch.observer/filing/0001640334-25-001033.md","text":"https://secwatch.observer/filing/0001640334-25-001033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1715611/000164033425001033/0001640334-25-001033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1715611/000164033425001033/bmmj_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T10:51:40.680335+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a0c2904a0dfa2abc901354252db7590c1075af1d","claim":"BODY & MIND INC. incurred loan of $587,000 with SGC Retail Partners LLC at 5% per annum maturing October 29, 2025.","evidence_excerpt":"On April 29, 2025, SGC advanced the sum of $587,000 to DEP, which is intended to be a substantial portion of the First Closing Date Payment (the “ Advance Payment ”). As evidence of the Advance Payment, DEP issue a secured promissory note dated April 29, 2025 to SGC (the “ Promissory Note ”), pursuant to which: (i) DEP shall pay interest on the outstanding Advance Payment at the rate of 5% per annum, calculated on the basis of a 365-day year and the actual number of days elapsed; and (ii) all principal and accrued interest shall be payable in full in a single balloon payment due on October 29, 2025.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1715611/000164033425001033/0001640334-25-001033-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$587,000"},{"label":"Counterparty","value":"SGC Retail Partners LLC"},{"label":"Rate","value":"5% per annum"},{"label":"Maturity","value":"October 29, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"bf766a352ac128b4302a429d0f2ec964eb19611c","claim":"BODY & MIND INC. completed a disposition involving Fox Farms for $400,000 (closed 2025-06-06).","evidence_excerpt":"(the “ Amendment ” and, together with the MIPA, the “ Amended MIPA ”), pursuant to which, among other things, the parties changed the purchase price under the Amended MIPA to $400,000 (the “ Purchase Price ”), with the first $200,000 payment due upon execution and the remainder to be paid on the closing date via a promissory note (the “ Note ”), which will be","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1715611/000164033425001033/0001640334-25-001033-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Fox Farms"},{"label":"Consideration","value":"$400,000"},{"label":"Closing","value":"2025-06-06"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}