Body and Mind Inc. has announced that its wholly owned subsidiary, DEP Nevada, Inc., has entered into an Asset Purchase Agreement with OTC Miramar, LLC. Under this agreement, DEP will sell its 60% ownership in NMG San Diego LLC, which operates the Body and Mind San Diego dispensary, to OTC Miramar. The total consideration for the transaction is set at $1.6 million in cash, with $100,000 already paid as a deposit. Further details can be found in the Company's forthcoming Form 8-K report.
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