Michael Mills (Left) and Trip Hoffman (Right)
Exclusive Interview with Body and Mind President and Interim CEO Michael Mills and Body and Mind COO Trip Hoffman
Multi-state operator Body and Mind (CSE: BAMM) (OTCQB: BMMJ) started as a private company serving the Nevada medical market five years ago. Now, it has operations in Nevada, California, Arkansas and Ohio. President and Interim CEO Michael Mills and Chief Operating Officer Trip Hoffman spoke with New Cannabis Ventures about their company’s approach to measured growth and moving toward profitability. The audio of the entire conversation is available at the end of this written summary.
Mills spent more than 30 years of his career in business, ranging from media to technology. He was an early investor in the cannabis space and decided to move into the industry himself. Hoffman comes from a scientific background, with a Ph.D. in physics. He also spent a significant portion of his career in the finance sector. In 2015, he decided he wanted to get into the cannabis space but found it difficult to raise capital with no direct experience. So, he answered a Craigslist ad and spent a few months working as a trimmer. From there, he owned a cultivation operation in Colorado and ran two dispensaries. Through his consulting work, he met the Body and Mind management team and joined them last year.
The Body and Mind Leadership Team
Body and Mind continues to have support from its founders, including Director Robert Hasman. Mills also points to CFO Dong Shim, who has worked with a number of public companies, as an important member of the leadership team.
From Private Nevada Company to MSO
Body and Mind was one of the original cultivation and production license holders in Nevada, which has allowed the company to build