Vancouver, British Columbia–(Newsfile Corp. – August 23, 2019) – Physique and Thoughts Inc. (CSE: BAMM) (OTCQB: BMMJ) (the “Firm” or “BaM“), a multi-state operator in Nevada, California, Ohio and Arkansas, announces the Firm has granted an aggregate of two,850,000 stock choices (the “Possibilities“) on August 21, 2019 in accordance with the Company’s stock selection program at an exercising value of CDN$.88 per share for a term of 5 years expiring on August 21, 2024. The Possibilities had been granted to newly appointed management personnel, in addition to present directors, officers, workers and consultants of the Firm.
The Possibilities are topic to vesting provisions such that 25% of the Possibilities vest six (six) months from the date of grant, 25% of the Possibilities vest twelve (12) months from the date of grant, 25% of the Possibilities vest eighteen (18) months from the date of grant and 25% of the Possibilities vest twenty-4 (24) months from the date of grant.
About Physique and Thoughts Inc.
BaM is a properly capitalized publicly traded firm investing in higher good quality health-related and recreational cannabis cultivation, production and retail. Physique and Thoughts has a strategic investment by Australis Capital Inc. Our wholly owned Nevada subsidiary was awarded 1 of the 1st health-related marijuana cultivation licences and holds cultivation and production licenses. BaM solutions include things like dried flower, edibles, topicals, extracts as properly as GPEN Gio cartridges and Lucid Mood offerings. BaM cannabis strains have won many awards which includes the 2019 Las Vegas Weekly Bud Bracket, Las Vegas Hempfest Cup 2016, Higher Occasions Leading Ten, the NorCal Secret Cup and the Emerald Cup.
BaM continues to expand operations in Nevada, California, Arkansas and Ohio and is devoted to rising shareholder worth by focusing time and sources on enhancing operational efficiencies, facility expansions, state licensing possibilities as properly as mergers and acquisitions.
Please check out www.bamcannabis.com for additional details.
For additional details, please speak to:
Firm Get in touch with:
Investor Get in touch with:
KCSA Strategic Communications
Valter Pinto, Managing Director
Media Get in touch with:
KCSA Strategic Communications
Annie Graf, Account Director
Neither the Canadian Securities Exchange nor its Industry Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts duty for the adequacy or accuracy of this release.
Protected Harbor Statement
Except for the statements of historical truth contained herein, the details presented in this news release constitutes “forward-seeking statements” as such term is utilized in applicable United States and Canadian laws. These statements relate to analyses and other details that are primarily based on forecasts of future benefits, estimates of amounts not but determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or functionality (usually, but not usually, making use of words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans, “estimates” or “intends”, or stating that particular actions, events or benefits “may”, “could”, “would”, “might” or “will” be taken, happen or be accomplished) are not statements of historical truth and really should be viewed as “forward-seeking statements”. Such forward-seeking statements involve recognized and unknown dangers, uncertainties and other components which may well trigger the actual benefits, functionality or achievements of the Firm to be materially distinctive from any future benefits, functionality or achievements expressed or implied by such forward-seeking statements. Such dangers and other components include things like, amongst other folks, the actual benefits of activities, variations in the underlying assumptions linked with the estimation of activities, the availability of capital to fund applications and the resulting dilution brought on by the raising of capital via the sale of shares, accidents, labor disputes and other dangers. Though the Firm has attempted to recognize essential components that could trigger actual actions, events or benefits to differ materially from these described in forward-seeking statements, there may well be other components that trigger actions, events or benefits not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be precise as actual benefits and future events could differ materially from these anticipated in such statements. Accordingly, readers really should not spot undue reliance on forward-seeking statements contained in this news release and in any document referred to in this news release.
Particular matters discussed in this news release and oral statements created from time to time by representatives of the Firm may well constitute forward-seeking statements. Though the Firm believes that the expectations reflected in such forward-seeking statements are primarily based upon affordable assumptions, it can give no assurance that its expectations will be accomplished. Forward-seeking details is topic to particular dangers, trends and uncertainties that could trigger actual benefits to differ materially from these projected. A lot of of these components are beyond the Company’s potential to handle or predict. Significant components that may well trigger actual benefits to differ materially and that could influence the Firm and the statements contained in this news release can be identified in the Company’s filings with the Securities and Exchange Commission. The Firm assumes no obligation to update or supplement any forward-seeking statements no matter whether as a outcome of new details, future events or otherwise. This press release shall not constitute an provide to sell or the solicitation of an provide to acquire securities.
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