Subscribe
Be the first with the news that moves the market- Cannabis company, Body and Mind (CSE:BAMM), has appointed its Interim CEO, Michael Mills, as its permanent Chief Executive Officer
- Under Michael’s Interim leadership, the company opened three new revenue-generating facilities in three states in the last three months
- He also oversaw Body and Mind’s operations throughout the unexpected challenges posed by COVID-19
- Body and Mind is down 6.18 per cent, and is currently trading for $0.46 per share
Cannabis company, Body and Mind (CSE:BAMM), has appointed its Interim CEO, Michael Mills, as its permanent Chief Executive Officer.
During Michael’s time as an Interim CEO, the company took advantage of a number of opportunities for growth.
Since 2020 started, Body and Mind opened three new revenue-generating facilities in three different US states. These include a production facility in Nevada, a dispensary in San Diego, and a cultivation and dispensary facility in Arkansas.
Michael also oversaw the company’s operations throughout the unexpected challenges posed by the COVID-19 pandemic. A Director of Body and Mind, David Wenger, praised Michael for his work as Interim CEO.
“Michael and the team he leads at Body and Mind have diligently executed on the strategy of debt-free, strategic expansion of the company.
“Opening three new revenue-producing facilities in the past three months in three states during challenging conditions is a testament to the company’s dedicated personnel and tenacity to move forward with our growth plan, add revenue, and expand the Body and Mind brand presence, production capacity, and dispensary footprint,” he said.
Michael expressed his appreciation for the support he received in moving to the permanent CEO role.
“I look forward to working with our team, expanding our cultivation, production, and dispensary operations across four states.
“Our new revenue streams and balance sheet with no serviceable debt is a result of our focus on efficiency and measured growth as we continue to build scale,” he said.
Body and Mind is down 6.18 per cent, and is currently trading for $0.46 per share, as of 3:07pm EST.
