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IM Cannabis Corp. (C:IMCC)

Business Focus: Recreational Pharmaceuticals

Apr 16, 2024 08:00 am ET
IMC to transfer its Oranim Pharmacy shares back to the seller
TORONTO and GLIL YAM, Israel, April 16, 2024 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment payments installments (i.e. NIS 5,873K including interest or 2,154K CAD) by IMC Holdings Ltd., and as such will transfer the 51% shares held by IMC Holdings Ltd back to the  seller.
Apr 16, 2024 08:00 am ET
IMC to transfer its Oranim Pharmacy shares back to the seller
TORONTO and GLIL YAM, Israel, April 16, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment payments installments (i.e. NIS 5,873K including interest or 2,154K CAD) by IMC Holdings Ltd., and as such will transfer the 51% shares held by IMC Holdings Ltd back to the  seller.
Apr 04, 2024 07:30 am ET
Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market
TORONTO, GLIL YAM, Israel and KELOWNA, BC., April 4, 2024 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, and Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BU0) ("Avant") a leading producer of innovative cannabis products, jointly announce the signing of an international trademark licensing agreement (the "Licensing Agreement") granting Adjupharm GmbH, IMC's German subsidiary ("Adjupharm" or "IMC Germany", as applicable), the exclusive right to launch the BLK MKT™ br
Apr 04, 2024 07:30 am ET
Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market
TORONTO, GLIL YAM, Israel and KELOWNA, BC., April 4, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, and Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BU0) ("Avant") a leading producer of innovative cannabis products, jointly announce the signing of an international trademark licensing agreement (the "Licensing Agreement") granting Adjupharm GmbH, IMC's German subsidiary ("Adjupharm" or "IMC Germany", as applicable), the exclusive right to launch the BLK
Apr 04, 2024 07:30 am ET
Avant Brands Bolsters International Growth in German Cannabis Market Through Partnership with IMC
KELOWNA, BC, TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / April 4, 2024 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-winning cannabis products and IM Cannabis Corp. (CSE:IMCC)(NASDAQ:IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, are pleased to announce the signing of an International Trademark Licensing Agreement (the &quo
Apr 01, 2024 08:30 am ET
IMC applauds the April 1st implementation of the new Israeli cannabis regulation, facilitating access for many new patients
With the implementation of the anticipated medical cannabis regulatory reform, the Israeli ministry of health removed many of the heavy regulations in the sector, making medical cannabis more accessible to new patients.
Apr 01, 2024 08:30 am ET
IMC applauds the April 1st implementation of the new Israeli cannabis regulation, facilitating access for many new patients
With the implementation of the anticipated medical cannabis regulatory reform, the Israeli ministry of health removed many of the heavy regulations in the sector, making medical cannabis more accessible to new patients.
Mar 28, 2024 08:56 am ET
IM Cannabis Reports 2023 Financial Results
TORONTO and GLIL YAM, Israel, March 28, 2024 /CNW/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, announced its financial and operational results for the year ended December 31, 2023, the highlights of which are included in this news release. All figures are reported in Canadian dollars. The Company's full set of consolidated audited financial statements for the years ended December 31, 2023 and 2022 (the "Annual Financial Statements") and accompanying management's discussion and analysis (the "Annual MD&A") can be acc
Mar 28, 2024 08:56 am ET
IM Cannabis Reports 2023 Financial Results
TORONTO and GLIL YAM, Israel, March 28, 2024 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, announced its financial and operational results for the year ended December 31, 2023, the highlights of which are included in this news release. All figures are reported in Canadian dollars. The Company's full set of consolidated audited financial statements for the years ended December 31, 2023 and 2022 (the "Annual Financial Statements") and accompanying management's discussion and analysis (the "Annual MD&A") can
Feb 28, 2024 08:00 am ET
IMC Announces Potential Reverse Merger with Kadimastem a leading Clinical cell therapy company
Not for distribution to United States newswire services or for dissemination in the United States
Jan 31, 2024 06:00 am ET
IM Cannabis Receives 180 Calendar Day Extension from the Nasdaq Stock Market to Regain Compliance with Bid Price Rule
TORONTO and GLIL YAM, Israel, Jan. 31, 2024 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in Israel and Germany, announced today that it has received a 180 calendar day extension, until July 29, 2024, from the Nasdaq Stock Market ("Nasdaq"), to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule").
Jan 31, 2024 06:00 am ET
IM Cannabis Receives 180 Calendar Day Extension from the Nasdaq Stock Market to Regain Compliance with Bid Price Rule
TORONTO and GLIL YAM, Israel, Jan. 31, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in Israel and Germany, announced today that it has received a 180 calendar day extension, until July 29, 2024, from the Nasdaq Stock Market ("Nasdaq"), to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) (the "Bid Price Rule").
Jan 12, 2024 06:00 am ET
IMC Reschedules the Final Payment of the Oranim Pharmacy Acquisition
TORONTO and GLIL YAM, Israel, Jan. 12, 2024 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that the final sixth payment of the Oranim Pharmacy Acquisition and the reconciliation between the parties regarding the remaining transaction payments are being rescheduled to April 15, 2024.
Jan 12, 2024 06:00 am ET
IMC Reschedules the Final Payment of the Oranim Pharmacy Acquisition
TORONTO and GLIL YAM, Israel, Jan. 12, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that the final sixth payment of the Oranim Pharmacy Acquisition and the reconciliation between the parties regarding the remaining transaction payments are being rescheduled to April 15, 2024.
Jan 02, 2024 06:00 am ET
IMC Announces the Conclusion of the Planning and Construction Legal Proceedings
TORONTO and GLIL YAM, Israel, Jan. 2, 2024 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that the construction proceedings against Focus Medical Herbs Ltd. ("Focus Medical"), were concluded on December 28, 2023. The company maintains "de facto" control of Focus Medical. Focus Medical was indicted and a fine of CAD$129,000 has been imposed. The cultivation facility, which was the focus of the proceedings, was closed in June 2022 in alignment with the company's strategic sh
Jan 02, 2024 06:00 am ET
IMC Announces the Conclusion of the Planning and Construction Legal Proceedings
TORONTO and GLIL YAM, Israel, Jan. 2, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is announcing that the construction proceedings against Focus Medical Herbs Ltd. ("Focus Medical"), were concluded on December 28, 2023. The company maintains "de facto" control of Focus Medical. Focus Medical was indicted and a fine of CAD$129,000 has been imposed. The cultivation facility, which was the focus of the proceedings, was closed in June 2022 in alignment with the company's strat
Nov 27, 2023 06:00 am ET
IM Cannabis Announces Receipt of Court Action
TORONTO and GLIL YAM, Israel, Nov. 27, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany announces that a complaint was in the Ontario Superior Court of Justice in Canada by Michael Wiener, 35 Oak Holdings Ltd. and MW Investments Ltd. (collectively the "MYM Shareholder Plaintiffs") against IMC Cannabis Corp. and its board of directors and officers, (collectively, "IMC"). A copy of this complaint was delivered to IMC on November 17, 2023.
Nov 27, 2023 06:00 am ET
IM Cannabis Announces Receipt of Court Action
TORONTO and GLIL YAM, Israel, Nov. 27, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany announces that a complaint was in the Ontario Superior Court of Justice in Canada by Michael Wiener, 35 Oak Holdings Ltd. and MW Investments Ltd. (collectively the "MYM Shareholder Plaintiffs") against IMC Cannabis Corp. and its board of directors and officers, (collectively, "IMC"). A copy of this complaint was delivered to IMC on November 17, 2023.
Nov 13, 2023 07:00 am ET
IM Cannabis Reports Third Quarter 2023 Financial Results
IMC remains singularly focused on accelerating its path to profitability through active cost management and margin improvement while maintaining sales.
Nov 13, 2023 07:00 am ET
IM Cannabis Reports Third Quarter 2023 Financial Results
IMC remains singularly focused on accelerating its path to profitability through active cost management and margin improvement while maintaining sales.
Nov 08, 2023 06:00 am ET
IM Cannabis to Report Third Quarter 2023 Financial Results on Monday, November 13 at 9:00am ET
TORONTO and GLIL YAM, Israel, Nov. 8, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in Israel and Germany, will report operational and financial results for the second quarter ended September 30, 2023, on Monday, November 13, 2023 before the market opens.
Nov 08, 2023 06:00 am ET
IM Cannabis to Report Third Quarter 2023 Financial Results on Monday, November 13 at 9:00am ET
TORONTO and GLIL YAM, Israel, Nov. 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in Israel and Germany, will report operational and financial results for the second quarter ended September 30, 2023, on Monday, November 13, 2023 before the market opens.
Oct 13, 2023 07:00 am ET
IM Cannabis Releases a Message from the CEO about the Israel-Hamas War and announces securing C$1,390,000 in Short-Term Debt
TORONTO and GLIL YAM, Israel, Oct. 13, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany releases message from Chief Executive Officer about the Israel-Hamas War and announces the Company, through its wholly-owned subsidiaries, IMC Holdings Ltd. ("IMC HoldCo") and Rosen High Way Ltd. ("Rosen High Way"), has secured C$1,390,000 in short-term debt.
Oct 13, 2023 07:00 am ET
IM Cannabis Releases a Message from the CEO about the Israel-Hamas War and announces securing C$1,390,000 in Short-Term Debt
TORONTO and GLIL YAM, Israel, Oct. 13, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany releases message from Chief Executive Officer about the Israel-Hamas War and announces the Company, through its wholly-owned subsidiaries, IMC Holdings Ltd. ("IMC HoldCo") and Rosen High Way Ltd. ("Rosen High Way"), has secured C$1,390,000 in short-term debt.
Sep 19, 2023 07:00 am ET
IM Cannabis Announces CFO Departure
TORONTO and GLIL YAM, Israel, Sept. 19, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading international medical cannabis company with operations in Israel and Germany, today announced that Itay Vago, the Company's Chief Financial Officer, has decided to leave the Company for personal reasons. Current plans call for Mr. Vago to continue to serve as CFO until the publication of the Q3 2023 results. 
Sep 19, 2023 07:00 am ET
IM Cannabis Announces CFO Departure
TORONTO and GLIL YAM, Israel, Sept. 19, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading international medical cannabis company with operations in Israel and Germany, today announced that Itay Vago, the Company's Chief Financial Officer, has decided to leave the Company for personal reasons. Current plans call for Mr. Vago to continue to serve as CFO until the publication of the Q3 2023 results. 
Aug 14, 2023 08:00 am ET
IM Cannabis Reports Second Quarter 2023 Financial Results
IMC remains singularly focused on accelerating the path to profitability through active cost management and margin improvement while maintaining sales.
Aug 11, 2023 07:00 am ET
IMC welcomes new Israeli cannabis regulations which are about to change significantly, facilitating access for many new patients
The Israeli ministry of health announced the anticipated medical cannabis regulatory reform on Monday August 7, 2023. The new regulations will remove many of the heavy regulations in the sector, making medical cannabis more accessible to patients as well as boosting export.
Aug 08, 2023 07:00 am ET
IM Cannabis to Report Second Quarter 2023 Financial Results on Monday, August 14 at 9:00am ET
TORONTO and GLIL YAM, Israel, Aug. 8, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in Israel and Germany, will report operational and financial results for the second quarter ended June 30, 2023, on Monday, August 14, 2023 before the market opens.
Aug 04, 2023 04:01 pm ET
IM Cannabis Receives NASDAQ Notification Regarding Minimum Bid Price Deficiency
TORONTO and GLIL YAM, Israel, Aug. 4, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, announced today that the Company received written notification (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq") on August 1, 2023, that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Rules for continued listing on Nasdaq.
Jun 13, 2023 07:00 am ET
IM Cannabis Receives NASDAQ Notification of Regaining Compliance with Nasdaq's Minimum Bid Price Requirement
TORONTO and GLIL YAM, Israel, June 13, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, today announced that on June 12, 2023, it has received formal notice from The Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules (the "Minimum Bid Price Requirement"). IMC is now in compliance with all applicable listing standards and will continue to be
Jun 13, 2023 07:00 am ET
IM Cannabis Receives NASDAQ Notification of Regaining Compliance with Nasdaq's Minimum Bid Price Requirement
TORONTO and GLIL YAM, Israel, June 13, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, today announced that on June 12, 2023, it has received formal notice from The Nasdaq Stock Market, LLC ("Nasdaq") stating that the Company has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules (the "Minimum Bid Price Requirement"). IMC is now in compliance with all applicable listing standards and will continue
May 15, 2023 08:00 am ET
IM Cannabis Reports First Quarter 2023 Financial Results; Gross Profit Increased 46% Year-over-Year
IMC leans further into its strategy, continuing to focus on the Israeli and German markets with a primary goal of sustainably increasing revenue in each of these core markets, while accelerating its path to profitability through active cost management and margin improvement.
May 15, 2023 08:00 am ET
IM Cannabis Reports First Quarter 2023 Financial Results; Gross Profit Increased 46% Year-over-Year
IMC leans further into its strategy, continuing to focus on the Israeli and German markets with a primary goal of sustainably increasing revenue in each of these core markets, while accelerating its path to profitability through active cost management and margin improvement.
May 08, 2023 08:49 am ET
IM Cannabis to Report First Quarter 2023 Financial Results on Monday, May 15 at 9:00am ET
TORONTO and GLIL YAM, Israel, May 8, 2023 /CNW/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, will report operational and financial results for the first quarter ended March 31, 2023, on Monday, May 15, 2023 before the market opens.
May 08, 2023 08:49 am ET
IM Cannabis to Report First Quarter 2023 Financial Results on Monday, May 15 at 9:00am ET
TORONTO and GLIL YAM, Israel, May 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, will report operational and financial results for the first quarter ended March 31, 2023, on Monday, May 15, 2023 before the market opens.
May 08, 2023 08:45 am ET
IM Cannabis Completes Debt Settlement with L5 Capital
TORONTO and GLIL YAM, Israel, May 8, 2023 /CNW/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, is announcing that it has closed the previously announced securities for debt settlement transaction (the "Debt Settlement") with L5 Capital Inc. ("L5 Capital"), a company wholly-owned and controlled by Marc Lustig, the executive chairman and a director of the Company. Pursuant to the Debt Settlement, the Company settled outstanding indebtedness of $838,776 (approximately US$615,615) through issuing 492,492 units (the "Units") at
May 08, 2023 08:45 am ET
IM Cannabis Completes Debt Settlement with L5 Capital
TORONTO and GLIL YAM, Israel, May 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, is announcing that it has closed the previously announced securities for debt settlement transaction (the "Debt Settlement") with L5 Capital Inc. ("L5 Capital"), a company wholly-owned and controlled by Marc Lustig, the executive chairman and a director of the Company. Pursuant to the Debt Settlement, the Company settled outstanding indebtedness of $838,776 (approximately US$615,615) through issuing 492,492 units (the "Uni
Apr 28, 2023 07:00 am ET
IM Cannabis Announces Units for Debt Settlement
TORONTO and GLIL YAM, Israel, April 28, 2023 /CNW/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, has agreed to a securities for debt settlement transaction (the "Debt Settlement") with L5 Capital Inc. ("L5 Capital"), a company wholly-owned and controlled by Marc Lustig, the executive chairman and a director of the Company.  Pursuant to the Debt Settlement, the Company will settle outstanding indebtedness of $838,776 (approximately US$615,615, using the Bank of Canada daily exchange rate for April 26, 2023) through the iss
Apr 28, 2023 07:00 am ET
IM Cannabis Announces Units for Debt Settlement
TORONTO and GLIL YAM, Israel, April 28, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, has agreed to a securities for debt settlement transaction (the "Debt Settlement") with L5 Capital Inc. ("L5 Capital"), a company wholly-owned and controlled by Marc Lustig, the executive chairman and a director of the Company.  Pursuant to the Debt Settlement, the Company will settle outstanding indebtedness of $838,776 (approximately US$615,615, using the Bank of Canada daily exchange rate for April 26, 2023) through
Apr 14, 2023 08:30 am ET
IM Cannabis Receives NASDAQ Notification Regarding Minimum Bid Price Deficiency
TORONTO and GLIL YAM, Israel, April 14, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, announced today that the Company received written notification (the "Notification Letter") from The Nasdaq Stock Market LLC ("Nasdaq") on April 10, 2023, that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Rules for continued listing on Nasdaq.
Mar 29, 2023 08:30 am ET
IM Cannabis Reports Fourth Quarter and Fiscal Year 2022 Financial Results; Revenues in 2022 Increased 60% Year-over-Year
Company to continue its focus on the Israeli and German markets with a primary goal of sustainably increasing revenue in each of these core markets and accelerating path to profitability, while actively managing costs and margins
Mar 15, 2023 08:30 am ET
IM Cannabis to Report Fourth Quarter & Full Year 2022 Financial Results on Wednesday, March 29 at 9:00am ET
TORONTO and GLIL YAM, Israel, March 15, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2022 on Wednesday, March 29, 2023, before the market opens.
Mar 08, 2023 07:30 am ET
IM Cannabis Announces Additional Restructuring Initiatives Designed to Drive Sustainable Profitability and Reduce Costs
The Company aims for a leaner organization with a primary focus on achieving profitability in 2023 and approximately CAD$3.5 million in annualized cost savings
Mar 08, 2023 07:30 am ET
IM Cannabis Announces Additional Restructuring Initiatives Designed to Drive Sustainable Profitability and Reduce Costs
The Company aims for a leaner organization with a primary focus on achieving profitability in 2023 and approximately CAD$3.5 million in annualized cost savings
Feb 13, 2023 08:00 am ET
IM Cannabis Provides an Update on Panaxia Transaction
TORONTO and GLIL YAM, Israel , Feb. 13, 2023 /CNW/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, provides an update on its previously announced transaction with Panaxia Pharmaceutical Industries Israel Ltd. and Panaxia Logistics Ltd., part of the Panaxia Labs Israel, Ltd. group of companies, (collectively, "Panaxia"). Under the transaction terms, the Company purchased the home-delivery services and an online retail footprint operating under the name "Panaxia-to-the-Home" in Israel, which includes a customer service center
Feb 13, 2023 08:00 am ET
IM Cannabis Provides an Update on Panaxia Transaction
TORONTO and GLIL YAM, Israel , Feb. 13, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, provides an update on its previously announced transaction with Panaxia Pharmaceutical Industries Israel Ltd. and Panaxia Logistics Ltd., part of the Panaxia Labs Israel, Ltd. group of companies, (collectively, "Panaxia"). Under the transaction terms, the Company purchased the home-delivery services and an online retail footprint operating under the name "Panaxia-to-the-Home" in Israel, which includes a customer service
Feb 07, 2023 03:01 pm ET
IM Cannabis Closes Additional Tranches of Private Placement Offerings
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Jan 31, 2023 07:30 am ET
IM Cannabis Closes Third Tranche of LIFE Offering
TORONTO and GLIL YAM, Israel, Jan. 31, 2023 /CNW/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, is pleased to announce that it has closed a third tranche of its previously announced non-brokered private placement offering of units of the Company (each a "Unit") pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions (the "LIFE Offering"). An aggregate of 1,162,000 Units at a price of US$1.25 per Unit for aggregate gross proceeds of US$1,452,500 were issued and
Jan 30, 2023 03:01 pm ET
IM Cannabis Closes Third Tranche of LIFE Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Jan 27, 2023 04:49 pm ET
IM Cannabis Provides Update to Listed Issuer Financing Exemption Offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Jan 20, 2023 08:15 am ET
IM Cannabis Closes Second Tranche of Private Placement Offerings
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Jan 17, 2023 07:30 am ET
OREN SHUSTER ACQUIRES SECURITIES OF IM CANNABIS CORP.
TORONTO and GLIL YAM, Israel, Jan. 17, 2023 /CNW/ -- Oren Shuster (the "Acquiror"), CEO, director and founder of IM Cannabis Corp. ("IMCC" or the "Company") (CSE: IMCC) (NASDAQ: IMCC), announces that he has acquired an aggregate of 856,704 common shares in the capital of the Company ("Common Shares") and 856,704 Warrants (as hereinafter defined) pursuant to a non-brokered private placement offering of units ("Units") of the Company (the "Offering").
Jan 17, 2023 07:30 am ET
RAFAEL GABAY ACQUIRES SECURITIES OF IM CANNABIS CORP.
TORONTO and GLIL YAM, Israel, Jan. 17, 2023 /CNW/ -- Rafael Gabay (the "Acquiror"), CEO, director and founder of IM Cannabis Corp. ("IMCC" or the "Company") (CSE: IMCC) (NASDAQ: IMCC), announces that he has acquired an aggregate of 303,295 common shares in the capital of the Company ("Common Shares") and 303,295 Warrants (as hereinafter defined) pursuant to a non-brokered private placement offering of units ("Units") of the Company (the "Offering").
Jan 16, 2023 08:31 am ET
IM Cannabis Closes First Tranche of Non-Brokered Listed Issuer Financing Exemption Offering and its Concurrent Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Jan 13, 2023 07:39 am ET
IM Cannabis announces Non-Brokered Private Placement Offerings of up to an Aggregate of US$5,500,000
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
Nov 17, 2022 06:00 am ET
IM Cannabis Common Shares Commence Trading on Consolidated Basis After 1 for 10 Reverse Stock Split
GLIL YAM, Israel, Nov. 17, 2022 /PRNewswire/ -- IM Cannabis Corp. ("IMC" or the "Company") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, announced today that  further to the press release dated November 14, 2022, all of its issued and outstanding common shares ("Common Shares") began trading on the Canadian Securities Exchange (the "CSE") and the Nasdaq Capital Market ("NASDAQ") on a post-consolidation basis on November 17, 2022.
Nov 15, 2022 12:21 pm ET
CSE Bulletin: Consolidation - IM Cannabis Corp. (IMCC)
Toronto, Ontario--(Newsfile Corp. - Le 15 novembre/November 2022) - IM Cannabis Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares.
Nov 14, 2022 06:02 am ET
IM Cannabis Reports Third Quarter 2022 Financial Results; Revenues Increased 78% YoY and 12% Sequentially
Company to refocus resources and efforts on the Israeli and German markets; Commences exit of the Canadian market
Nov 07, 2022 01:55 pm ET
IM Cannabis to Focus on Israel, German and European Growth; Commences Exiting the Canadian Cannabis Market
The company will focus its efforts and resources on growth in Israel and Germany, with a primary focus of achieving profitability in 2023
Nov 01, 2022 08:00 am ET
IM Cannabis to Report Third Quarter 2022 Financial Results on Monday, November 14 at 9:00am ET
TORONTO and GLIL YAM, Israel, Nov. 1, 2022 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IM Cannabis") (CSE: IMCC) (NASDAQ: IMCC), a leading medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, will report operational and financial results for the third quarter ended September 30, 2022, on Monday, November 14, 2022 before market opens.
Oct 26, 2022 08:00 am ET
IM Cannabis's Legacy Strain 'Roma' Voted Israel's Favourite Strain of the Month for August 2022
Recognition highlights IMC's growing market momentum in Israel following the Company's recent streamlining initiatives
Oct 12, 2022 08:30 am ET
Avant Brands and IM Cannabis Announce the Launch of BLK MKT in Israel
KELOWNA, BC and GLIL YAM, ISRAEL / ACCESSWIRE / October 12, 2022 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company") and IM Cannabis Corp. ("IMC") (CSE:IMCC)(NASDAQ:IMCC), jointly announce the signing of an international trademark licensing agreement (the "Licensing Agreement") granting IMC the exclusive right to launch the BLKMKT bran
Oct 12, 2022 08:30 am ET
Avant Brands and IM Cannabis Announce the Launch of BLK MKT in Israel
KELOWNA, British Columbia and GLIL YAM, Israel, Oct. 12, 2022 /PRNewswire/ -- Avant Brands Inc. (TSX: AVNT) (OTC-QX: AVTBF) (FRA: 1BU0) ("Avant" or the "Company") and IM Cannabis Corp. ("IMC") (CSE: IMCC) (NASDAQ: IMCC) jointly announce the signing of an international trademark licensing agreement (the "Licensing Agreement") granting IMC the exclusive right to launch the BLKMKT brand in the Israeli medical cannabis market. The Licensing Agreement constitutes a significant milestone in the maturing and mutually beneficial relationship between the two premium cannabis companies in the Canadian
Oct 05, 2022 10:59 am ET
IM Cannabis Closes Second Tranche of Non-Brokered Private Placement of Common Shares
Marc Lustig, Executive Chairman of the Company Subscribes for 1,112,504 common shares at USD$0.50
Sep 15, 2022 09:00 am ET
SNDL and IM Cannabis Complete SNDL's First International Export of Premium Dried Flower from Canada to Israel
CALGARY, AB and GLIL YAM, Israel, Sept. 15, 2022 /CNW/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company"), Canada's largest regulated products platform, and IM Cannabis Corp. (Nasdaq: IMCC) (CSE: IMCC) ("IMC"), today announced that SNDL has completed its initial international export of approximately 167 kilograms of premium dried flower from Canada to Israel as part of its total commitment with IMC. SNDL and IMC have agreed to the aggregate export of 1,000 kilograms of high-quality dried flower products for processing and distribution in the Israeli medical cannabis market.
Sep 15, 2022 09:00 am ET
SNDL and IM Cannabis Complete SNDL's First International Export of Premium Dried Flower from Canada to Israel
CALGARY, Alberta and GLIL YAM, Israel , Sept. 15, 2022 /PRNewswire/ -- SNDL Inc. (NASDAQ: SNDL) ("SNDL" or the "Company"), Canada's largest regulated products platform, and IM Cannabis Corp. (NASDAQ: IMCC) (CSE: IMCC) ("IMC"), today announced that SNDL has completed its initial international export of approximately 167 kilograms of premium dried flower from Canada to Israel as part of its total commitment with IMC. SNDL and IMC have agreed to the aggregate export of 1,000 kilograms of high-quality dried flower products for processing and distribution in the Israeli medical cannabis market.
Sep 15, 2022 09:00 am ET
SNDL and IM Cannabis Complete SNDL's First International Export of Premium Dried Flower from Canada to Israel
CALGARY, AB and GLIL YAM, Israel, Sept. 15, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company"), Canada's largest regulated products platform, and IM Cannabis Corp. (Nasdaq: IMCC) (CSE: IMCC) ("IMC"), today announced that SNDL has completed its initial international export of approximately 167 kilograms of premium dried flower from Canada to Israel as part of its total commitment with IMC. SNDL and IMC have agreed to the aggregate export of 1,000 kilograms of high-quality dried flower products for processing and distribution in the Israeli medical cannabis market.
Sep 13, 2022 08:30 am ET
IM Cannabis Welcomes Two New Members to its Board of Directors
Einat Zakariya and Moti Marcus join the Board
Aug 24, 2022 04:05 pm ET
IM Cannabis Closes First Tranche of Non-Brokered Private Placement of Common Shares
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
May 20, 2022 08:20 pm ET
The Flowr Corporation Announces Fourth Quarter and Full Year 2021 Results
The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) herein announces its financial and operational results for the fourth quarter and fiscal year ended December 31, 2021. All financial information in this news release is...
Mar 10, 2022 07:00 am ET
IM Cannabis Reports Record Preliminary Fourth Quarter and Full Year 2021 Financial Results
TORONTO and GLIL YAM, Israel, March 10, 2022 /PRNewswire/ -- IM Cannabis Corp. (the "Company", "IM Cannabis", or "IMC") (CSE: IMCC) (NASDAQ: IMCC), a leading medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, provided preliminary unaudited financial results for the three months and fiscal year ended December 31, 2021. All amounts are reported in Canadian dollars unless otherwise stated.
Feb 08, 2022 07:00 am ET
IM Cannabis Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program
TORONTO, ON and GLIL YAM, Israel, Feb. 8, 2022 /PRNewswire/ -- IM Cannabis Corp. (NASDAQ: IMCC) (CSE: IMCC) ("IM Cannabis" or the "Company"), a leading medical and adult-use recreational cannabis company with operations in Israel, Canada, and Germany, has engaged international investor relations specialists MZ Group ("MZ") to lead the Company's strategic investor relations and financial communications program across all key markets.
Jan 19, 2022 08:30 am ET
IM Cannabis announces Focus Medical's Import of 400 Kilograms of Premium-Indoor-Grown Dried Cannabis from Canada to Israel
The successful import demonstrates the strength of the IM Cannabis global supply chain and business model
Jan 13, 2022 06:00 pm ET
The Flowr Corporation Announces International Commercialization of Its Flagship Strains – BC Black Cherry and BC Strawnana
The Flowr Corporation (“Flowr” or the “Company”) (TSXV: FLWR, OTC: FLWPF) is pleased to announce that it has completed its first shipment from Canada to Israel, as part of the previously announced international supply agreement (the “Supply...
Jan 13, 2022 08:00 am ET
IM Cannabis Corp. Appoints Rinat Efrima as New Chief Executive Officer of IMC Holdings, the Company’s Israeli Subsidiary
Oren Shuster remains Chief Executive Officer and Director of IM Cannabis Corp.; other managerial changes include the promotion of Yael Harrosh to Chief Legal and Operations Officer of IM Cannabis Corp.
Dec 07, 2021 09:00 am ET
IM Cannabis to Launch WAGNERS Brand in Germany
IM Cannabis expects to export premium, indoor-grown Canadian cannabis in 2022 to the rapidly evolving German medical cannabis market
Dec 01, 2021 08:15 am ET
IM Cannabis to Acquire Oranim, Jerusalem's Leading Medical Cannabis Pharmacy
Transaction positions IM Cannabis as one of the largest retailers of medical cannabis in Israel; Retail segment combined annualized revenue of approximately $44 million
Nov 29, 2021 09:20 am ET
IM Cannabis Announces Focus Medical's Receipt of Israeli Ministry of Health Import Permit; Plans to Launch WAGNERS Brand in Israel
IM Cannabis' popular recreational cannabis brand WAGNERS will be available in Israel in 2022, enhancing IM Cannabis' presence in the market
Nov 18, 2021 08:00 am ET
IM Cannabis Announces Fourth Installment of Shares in Connection with the Panaxia Transaction
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / November 18, 2021 / IM Cannabis Corp. (the "Company" or "IM Cannabis") (CSE:IMCC)(NASDAQ:IMCC), a leading medical and adult-use recreational cannabis company with operations in Israel, Germany and Canada, today announced the fourth installment of shares in connection with the previously announced acquisition of the Panaxia-to-the-Home online pharmacy and trading centre with an IMC-GDP license from Panaxia Pharmaceutical Industries Israel Ltd. and Panaxia Logistics Ltd.,
Nov 15, 2021 08:30 am ET
Oct 20, 2021 09:45 am ET
IMC Announces Third Installment of Shares in Connection with the Panaxia Transaction
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / October 20, 2021 / IM Cannabis Corp. (the "Company" or "IM Cannabis") (CSE:IMCC, NASDAQ:IMCC), a leading medical and adult-use recreational cannabis company with operations in Israel, Germany and Canada, today announced the third installment of shares in connection with the previously announced acquisition of the Panaxia-to-the-Home online pharmacy and trading center with an IMC-GDP license from Panaxia Pharmaceutical Industries Israel Ltd. and Panaxia Logistics Ltd., p
Sep 13, 2021 08:43 am ET
Cannabis Industry Investor Presentations Now Available for On-Demand Viewing
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view the presentations
Sep 08, 2021 07:30 am ET
IMC Provides Further Details on Panaxia Transaction
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / September 8, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, provides details of the shares issued as part of the share consideration paid in connection with the previously announced acquisition of the Panaxia-to-the-Home online pharmacy and trading center IMC-GDP license from Panaxia Ph
Sep 03, 2021 08:35 am ET
Cannabis Executives Present: Cannabis Investor Conference September 8th & 9th
Cannabis Company Executives share vision, answer questions live at VirtualInvestorConferences.com
Sep 02, 2021 08:35 am ET
Cannabis Industry Investor Conference: Company Executives Present September 8th & 9th
NEW YORK, Sept. 2, 2021 /PRNewswire/ -- Virtual Investor Conferences in partnership with KCSA Strategic Communications today announced the agenda for the upcoming Cannabis Industry Virtual lnvestor Conference. Individual investors, institutional investors, advisors and analysts are invited to attend. The two-day program begins at 11:30 AM ET on Wednesday, September 8th.  
Aug 19, 2021 07:33 pm ET
The Flowr Corporation Provides Operational Update
The Flowr Corporation (“Flowr” or the “Company”) (TSXV: FLWR, OTC: FLWPF) is pleased to provide an operational update on its Canadian and European operations and a renewed focus to maintaining its status as a premium cannabis producer and making...
Aug 09, 2021 07:30 am ET
IMC Partners with Leading US Brand to Launch cbdMD Products in Israel and Provides Further Details on Panaxia Transaction
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / August 9, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC, NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce the signing of a binding letter of intent (the "Binding LOI") with cbdMD, Inc. (YCBD, YCBDpA), one of the leading and most highly trusted and recognized CBD
Aug 03, 2021 07:30 am ET
IMC Announces Results of its Annual General and Special Meeting of Shareholders
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / August 3, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC), (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce the voting results from its annual general and special meeting of shareholders held on Wednesday July 28, 2021 (the "Meeting").
Jul 28, 2021 08:50 am ET
IMC Accelerates its Israeli Retail Position through Acquisition of Leading Retailer and Distributor Pharm Yarok and Rosen High Way
TORONTO, ON, GLIL YAM and NATANYA, ISRAEL / ACCESSWIRE / July 28, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC, NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce the acquisition of the outstanding ordinary shares of R.A. Yarok Pharm Ltd. ("Pharm Yarok"), Rosen High Way Ltd. ("Rosen High Way"
Jul 23, 2021 08:40 am ET
IM Cannabis Provides Update on German Operations and Financial Outlook
TORONTO, ON, BAD OLDESLOE, GERMANY, and GLIL YAM, ISRAEL / ACCESSWIRE / July 23, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces the completion of a new, state-of-the-art logistics centre in Germany (the "Logistics Centre") that will allow Adjupharm GmbH ("Adjupharm"), the Company's fully licensed EU-GMP subsidiary, to internally manage a
Jul 13, 2021 07:55 am ET
IM Cannabis Provides Business, Legal and Regulatory Update
TORONTO, ON, BAD OLDESLOE, GERMANY, and GLIL YAM, ISRAEL / ACCESSWIRE / July 13, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to provide a business, legal and regulatory update on its operations in Germany and Israel.
Jul 09, 2021 08:45 am ET
IM Cannabis Closes Acquisition of MYM Nutraceuticals
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / July 9, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (NASDAQ:IMCC)(CSE:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sectors with operations in Israel, Germany and Canada, and MYM Nutraceuticals Inc. ("MYM"), a Canadian cultivator, processor, and distributor of premium cannabis, are pleased to announce, further to IMC's press release on July 6, 2021, the closing of IMC's acquisition of MYM Nutraceuticals Inc. ("MYM") (CSE:MYM), pre
Jul 06, 2021 07:25 am ET
MYM Shareholders Overwhelmingly Approve Plan of Arrangement with IM Cannabis
Highland Grow is currently profitable on an EBITDA basis, unlocks margin expansion and is expected to be immediately accretive to IM Cannabis
Jul 05, 2021 08:35 am ET
Cannabis Investor Conference Presentations Now Available for On-Demand Viewing
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view the presentations
Jun 28, 2021 07:30 am ET
IM Cannabis Proposed Acquisition of MYM Receives Positive Recommendations from Proxy Advisory Firms Glass Lewis and ISS
Glass Lewis and Institutional Shareholder Services recommend that MYM shareholders vote FOR Transaction with IMCC
Jun 23, 2021 08:35 am ET
Cannabis Industry Investor Conference: Company Executives Present June 29th & 30th
Cannabis Company Executives share vision, answer questions live at VirtualInvestorConferences.com
Jun 17, 2021 09:05 am ET
IM Cannabis Clinical Survey Confirms Effectiveness of Proprietary Strains in Alleviating Symptoms of Seven Key Health Conditions
Conditions Evaluated Include Oncology, PTSD, Rheumatoid Arthritis, Chronic Pain, Insomnia, Back Pain and Inflammatory Bowel Diseases
Jun 07, 2021 07:50 am ET
IM Cannabis Announces Supply Agreement with Canadian LP The Flowr Corporation; Plan to Import Ultra-Premium Products as part of Enhanced Portfolio to Meet Growing Israeli Demand
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / June 7, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce that Focus Medical Herbs Ltd. ("Focus Medical") has signed a multi-year supply agreement with The Flowr Corporation ("Flowr") (TSX.V:FLWR, OTC:FLWPF), a Canadian licensed producer of ultra-premium adult-use recreational and medical cannabis
Jun 07, 2021 06:30 am ET
The Flowr Corporation Announces Export Agreement to Israel with Focus Medical Herbs and IM Cannabis
The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it has entered into a supply agreement (“Supply Agreement”) with Focus Medical Herbs Ltd. (“Focus Medical”), a company which IM Cannabis Corp....
Jun 01, 2021 08:40 am ET
May 17, 2021 01:55 pm ET
IM Cannabis Reports Record Q1 2021 Results
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / May 17, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC, NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce its unaudited financial results for the first quarter ended March 31, 2021. All figures are expressed in Canadian dollars unless otherwise indicated.
May 10, 2021 08:00 am ET
IM Cannabis Announces Closing of US$ 35 Million Equity Financing
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / May 10, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE: IMCC), (NASDAQ: IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce the closing of its previously announced overnight marketed offering (the "Offering") of 6,086,956 common shares of the Company (each an "Offered Share") at a price of US$5.75 per Offered Share for aggregate gross
May 05, 2021 09:20 am ET
IM Cannabis Announces Pricing of Proposed Public Offering of Securities
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / May 5, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC) (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces that is has entered into a best-efforts agency agreement (the "Agency Agreement") in connection with its previously announced overnight marketed offering (the "Offering") of common shares of the Company (e
May 04, 2021 06:35 pm ET
IM Cannabis Announces Proposed Public Offering of Securities
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / May 4, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, announces that it has commenced an overnight marketed offering (the "Offering") of the Company's common shares (each an "Offered Share") on a best-efforts agency basis. The Company may also issue to purchasers of Offered Shares, for no
Apr 30, 2021 12:20 pm ET
IM Cannabis Acquires Israel's Largest Retail and Online Pharmacy Business from Panaxia, Creating a Vertically Integrated Global Platform for the IMC Brand
With Israel's Fast-Paced E-Commerce Adoption and Cannabis Market's High Growth Rate (Averaging 4 Percent1 per Month), Panaxia's Online Platform to Support Patient Base Expansion
Apr 23, 2021 08:55 am ET
IM Cannabis Reports Fiscal 2020 Results; Provides Preliminary Q1 Results and Q2 Outlook
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / April 23, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada, is pleased to announce its financial results for the fourth quarter and financial year ended December 31, 2020.
Apr 22, 2021 08:35 am ET
420 Cannabis Virtual Investor Conference Presentations Now Available for On-Demand Viewing
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view the presentations
Apr 19, 2021 08:30 am ET
MYM Continues to Secure Additional Support for Merger with IMCC
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2021) - MYM Nutraceuticals Inc. (CSE: MYM) (OTCQB: MYMMF) ("MYM" or the "Company"), is pleased to announce that it has received additional voting support agreements in connection with the proposed merger with IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) ("IMCC") which was announced on April 1, 2021 (the "Transaction"). The total of voting support agreements for the Transaction has grown to 44.4% of all votes, or 162.7 million shares, an increase from 41.7% on April 1,, 2021. A total of 66 & 2/3rds of all common and exchangeable shares voted is required to approve the Transaction as well as a majority of the minority vote in accordance with Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions.
Apr 16, 2021 08:35 am ET
Cannabis Industry Investor Conference: Company Executives Present April 20th
Cannabis Company Executives share vision, answer questions live at VirtualInvestorConferences.com
Apr 13, 2021 07:50 am ET
Adjupharm Signs Supply Agreement with MediPharm Labs, Paving Way for IM Cannabis-Branded Extracts Launch in German Market
TORONTO, ON and BAD OLDESLOE, GERMANY and GLIL YAM, ISRAEL / ACCESSWIRE / April 13, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Canada, Israel and Germany, announced that its subsidiary, Adjupharm GmbH ("Adjupharm"), recently signed a supply agreement (the "Supply Agreement") with MediPharm Labs Australia Pty Ltd, a subsidiary of MediPharm Labs Corp. ("MediPharm Labs") (TSX:LABS), (OTCQX:M
Apr 12, 2021 08:00 am ET
IM Cannabis Provides Update on Adjupharm Business Developments in Germany
TORONTO, ON, BAD OLDESLOE, GERMANY and GLIL YAM, ISRAEL / ACCESSWIRE / April 12, 2021 / IM Cannabis Corp. ("IMC" or the "Company") (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Canada, Israel and Germany, today provided a corporate update on its operations in Germany, including the expansion of its product portfolio following the signing of a new supply agreement.
Apr 01, 2021 11:51 am ET
IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow
Toronto, Ontario and Vancouver, British Columbia and Glil Yam, Israel--(Newsfile Corp. - April 1, 2021) - IM Cannabis Corp. (NASDAQ: IMCC) (CSE: IMCC) (the "Company" or "IMC"), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") to acquire MYM Nutraceuticals Inc. ("MYM") and its licensed producer subsidiary Highland Grow Inc. ("Highland Grow"), pursuant to a plan of arrangement to be completed under the Business Corporations Act (British Columbia) (the "Transaction"). The Transaction reinforces the Company's strategy as a leading global premium cannabis producer and purveyor. Following completion of the Transaction, expected to occur before the end of the second half of 2021, IMC will continue to operate under the IM Cannabis Corp. name with its common shares trading on the NASDAQ Capital Market and Canadian Securities Exchange under the ticker symbol "IMCC".
Apr 01, 2021 09:18 am ET
IIROC Trade Resumption - IMCC
VANCOUVER, BC, April 1, 2021 /CNW/ - Trading resumes in:
Apr 01, 2021 09:10 am ET
IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow
TORONTO, ON, VANCOUVER, BC, and GLIL YAM, ISRAEL / ACCESSWIRE / April 1, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ:IMCC) (CSE:IMCC), a multi-country operator ("MCO") in the medical and adult-use recreational cannabis sector with operations in Israel, Germany and Canada is pleased to announce that it has entered into a definitive agreement (the "Arrangement Agreement") to acquire MYM Nutraceuticals Inc. ("MYM") and its licensed producer subsidiary Highland Grow Inc. ("Highland Gro
Apr 01, 2021 09:06 am ET
IIROC Trading Halt - IMCC
VANCOUVER, BC, April 1, 2021 /CNW/ - The following issues have been halted by IIROC:
Mar 31, 2021 06:05 pm ET
IMC Announces Filing of Final Short Form Base Shelf Prospectus
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / March 31, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC)( NASDAQ:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel, Germany and Canada, is pleased to announce that it has filed a final short form base shelf prospectus (the "Shelf Prospectus") with the securities commissions or similar securities regulatory authorities in each of the provinces and territories of Canada and a corresponding shelf registrat
Mar 18, 2021 08:03 am ET
IMC Closes Acquisition of Trichome, Establishing Global Growth Platform in Both Adult Use and Medical Cannabis Markets
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / March 18, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel, Germany and Canada, is pleased to announce the closing of its acquisition of Trichome Financial Corp. ("Trichome"), previously announced on December 30, 2020 (the "Transaction"). The Transaction was completed pursuant a plan of arrangement under the Business Corporations Act
Mar 12, 2021 08:10 pm ET
IMC Announces Filing of Preliminary Short Form Base Shelf Prospectus
TORONTO, ON & GLIL YAM, ISRAEL / ACCESSWIRE / March 12, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, has filed a preliminary short form base shelf prospectus (the "Shelf Prospectus") with the securities commissions or similar securities regulatory authorities in each of the provinces and territories of Canada, and will file a corresponding shelf registration statement on Form F-10 (the
Mar 08, 2021 08:00 am ET
IMC to Bring Canadian Premium Indoor High-THC Medical Cannabis to Israel with Imports from GTEC
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / March 8, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), (NASDAQ:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that Focus Medical Herbs Ltd. ("Focus Medical"), with which IMC has exclusive agreements to distribute production under the IMC brand, has signed a multi-year supply agreement with GTEC Holdings Ltd. ("GTEC") (GTEC, GGTTF, 1BUP), a Canadian license
Mar 01, 2021 07:30 am ET
IM Cannabis Corp. Becomes First Israeli Medical Cannabis Operator to list on NASDAQ; Trading Today Under Symbol "IMCC"
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / March 1, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that the Company's common shares (the "Common Shares") will commence trading today on the NASDAQ Capital Market ("NASDAQ") under the ticker symbol "IMCC". IMC will be the first Israeli medical cannabis operator to list its shares on NASDAQ. The Company'
Feb 25, 2021 07:30 am ET
IM Cannabis Common Shares Expected to Begin Trading on NASDAQ on March 1, 2021
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / February 25, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that the Company's application to list its common shares on the NASDAQ Capital Market ("NASDAQ") has been approved. The Company's common shares (the "Common Shares") are expected to begin trading on NASDAQ under the ticker symbol "IMCC" on M
Feb 22, 2021 08:15 am ET
IMC Announces Additions to Board to Satisfy NASDAQ Director Independence Requirements
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / February 22, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that it has appointed Brian Schinderle and Haleli Barath to its board of directors (the "Board"). Both Mr. Schinderle and Ms. Barath are independent directors under applicable Canadian and United States securities laws.
Feb 16, 2021 08:00 am ET
IMC Common Shares Commences Trading on Consolidated Basis
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / February 16, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, today announced that further to its press releases dated December 17, 2020 and February 10, 2021, all of its issued and outstanding common shares ("Common Shares") began trading on a post-consolidation basis on February 12, 2021.
Feb 10, 2021 08:30 am ET
IMC Announces Details of Share Consolidation to Meet NASDAQ Capital Market Listing Requirement
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / February 10, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that, further to its press release dated December 17, 2020, it will be consolidating all of its issued and outstanding common shares ("Common Shares") on the basis of one (1) post-consolidation Common Share for each four (4) pre-consolidation Common Shares (t
Jan 26, 2021 08:00 am ET
IM Cannabis Receives DTC Eligibility as Part of NASDAQ Capital Market Listing Approval Process
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / January 26, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and Germany, is pleased to announce that the Company has received confirmation from The Depository Trust Company ("DTC") that its common shares ("Common Shares") are now eligible for electronic clearing and settlement through DTC in the United States. DTC eligibility is another
Jan 12, 2021 09:15 am ET
IM Cannabis Releases Message from CEO and 2021 Outlook
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / January 12, 2021 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and across Europe, is pleased to release a message from its Chief Executive Officer, Oren Shuster.
Dec 30, 2020 01:05 pm ET
IM Cannabis to Acquire Trichome in Landmark Transaction - Establishes Global Growth Platform and Leading Multi-Country Operator
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / December 30, 2020 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and across Europe, and Trichome Financial Corp. ("Trichome") (CSE:TFC), are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") to combine their businesses into a global leader in adult-use recreational and medical cannabis (together, the "
Dec 30, 2020 12:17 pm ET
IIROC Trade Resumption - IMCC
VANCOUVER, BC, Dec. 30, 2020 /CNW/ - Trading resumes in:
Dec 30, 2020 08:16 am ET
IIROC Trading Halt - IMCC
VANCOUVER, BC, Dec. 30, 2020 /CNW/ - The following issues have been halted by IIROC:
Dec 17, 2020 08:00 am ET
IMC Announces Results of Special Meeting and NASDAQ Listing Application Milestone
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / December 17, 2020 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and across Europe, is pleased to announce that shareholders approved all of the motions put forward at its special meeting of shareholders (the "Special Meeting") held yesterday, which included a motion authorizing a share consolidation (the "Share Consolidation") of the Compan
Nov 27, 2020 09:25 am ET
Nov 16, 2020 08:30 am ET
IMC Welcomes Israeli Government Action Towards Legalization of Recreational Cannabis
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / November 16, 2020 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and across Europe, is pleased to announce that an Israeli government committee responsible for advancing cannabis market reform published a report concluding that it supports and recommends the legalization of adult-use recreational cannabis in the State of Israel (the "Report"). Based on the Report, the Israeli Ministry of Justice is exp
Oct 08, 2020 04:30 pm ET
IMC Applies to List its Common Shares on the NASDAQ Capital Market
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / October 8, 2020 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and across Europe, is pleased to announce that it has applied to list its common shares (the "Common Shares") on the NASDAQ Capital Market ("NASDAQ") under the trading symbol "IMCC". The Common Shares of the Company will continue to be listed on the Canadian Securities Exchange under the same trading sym
Oct 07, 2020 08:30 am ET
Oct 06, 2020 08:30 am ET
Israeli Ministry of Health Opens International Export Market for Israeli Medical Cannabis Producers
TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / October 6, 2020 / IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), a multi-country operator ("MCO") in the medical cannabis sector with operations in Israel and across Europe, is pleased to announce that the Israeli Ministry of Health has launched a new pilot program in which medical cannabis producers will be authorized to export medical cannabis, subject to making certain products available to patients in Israel at a fixed price of NIS14 per gram (CAD$5.50 per gram) and NIS10 (CAD$4.00 per gram) for pa
Sep 23, 2020 08:30 am ET
IM Cannabis Launches Sales of IMC-Branded Products in Germany, Adds to Pipeline of Purchase Agreements
IMC has now completed shipments of its branded flower products to four of the Company's ten distribution partners, marking IMC's official brand launch in Germany Three additional purchase commitments executed with German distributors IMC now has binding purchase commitments for 1,615kg of medical cannabis* Currency is in CAD$ unless specified otherwise
Sep 15, 2020 08:35 am ET
IM Cannabis Completes First Import into Germany, Further Strengthens Distribution Network
First shipment received into Germany from EU-GMP supply partner, allowing the Company to begin fulfilling purchase commitments for IMC-branded products Adjupharm adds Cansativa, Ilios and Farmako to its distribution network, platform now includes ten distributors* Currency is in CAD$ unless specified otherwise
Aug 26, 2020 03:40 pm ET
IM Cannabis Reports 62% Increase in Consolidated Revenue and 54% Gross Margin in Q2 2020
Consolidated revenue increased to $3.8 million in Q2 2020, from $2.3 million in the prior year, a 62% increase, and a 180% increase over Q1 2020 Gross margin before fair value impacts was 54% in Q2 2020 Q2 2020 milestones include: Six pharmacy sales agreements signed by Focus Medical to sell IMC-branded medical cannabis in Israel Execution of German distribution platform with seven binding sales commitments signed First imports from Spain and Canada into Israel by Focus Medical Gross proceeds of approximately $6.0 million from the exercise of warrants and broker compensation options* Currenc
Jul 27, 2020 08:30 am ET
IMC Announces Focus Medical Has Added Sixth Supplier Producing Under IMC Brand to Meet Growing Demand in Israel
Focus Medical has entered into a supply agreement with Israeli-based Ever Green for a potential term of up to ten years Focus Medical will purchase all medical cannabis produced by Ever Green from its 86,000 square foot facility in Moshav Sgula, Israel Supply is secured for the six previously announced binding sales agreements between Focus Medical and pharmacies in Israel, in which the Israeli pharmacies have agreed to purchase 33,075kg of IMC-branded medical cannabis over the next three years TORONTO and GLIL YAM, Israel, July 27, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (C
Jul 21, 2020 08:30 am ET
IMC Continues German Market Expansion with Purchase Commitments from Three Additional Distribution Partners
IMC continues execution of German strategy with seven distribution agreements signed, adding axicorp, canymed and Materia Now a total of 1,525kg of sales secured under binding purchase commitments in Germany in the next twelve months All products to be sold under the IMC brand* Currency is in CAD$ unless specified otherwise
Jul 15, 2020 08:00 am ET
IMC Bolsters German Sales Network with Purchase Commitment from Zur Rose Pharma GmbH
IMC delivering on German strategy with fourth binding purchase commitment with distribution partner in Germany Zur Rose Pharma GmbH is part of the Zur Rose Group – Europe's largest e-commerce pharmacy* Currency is in CAD$ unless specified otherwise
Jul 06, 2020 08:35 am ET
IMC Announces Business Update and Review of Q2 Milestones
IMC has bolstered the network of pharmacies, distributors and supply partners that are supporting the IMC brand in both Israel and Germany Decriminalization legislation in Israel to significantly increase market potential Formal launch of IMC brand in Germany expected in Q3 2020 Recent warrant exercise adds $6.0 million to treasury, IMC fully funded for existing growth initiatives* Currency is in CAD$ unless specified otherwise
Jun 30, 2020 08:30 am ET
IMC Reports Exercise of Warrants and Options
Adds $6.0 million to treasury, IMC fully funded for existing growth initiatives* Currency is in CAD$ unless specified otherwise
Jun 24, 2020 08:30 am ET
IMC Announces Efficacy of IMC Branded Strains in Reducing Migraines
Peer-reviewed study indicates two IMC branded medical cannabis strains were effective in reducing migraines in over 60% of treated patients Study conducted by Professor Dedi Meiri of Technion - Israeli Institute of Technology IMC continues to pursue evidence-based research for medical applications of cannabis TORONTO and GLIL YAM, Israel, June 24, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, announced today that a recent peer-reviewed study conducted by Professor Dedi
Jun 22, 2020 08:30 am ET
IMC Announces Israeli Government Advancing Cannabis Decriminalization
Decriminalization framework passes first reading with Ministerial Committee on Legislation IMC in market leading position in Israel to benefit from cannabis reforms and larger market TORONTO and GLIL YAM, Israel, June 22, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce that the Israeli government has advanced legislation for the decriminalization of cannabis. Yesterday, June 21, the Ministerial Committee on Legislation approved a bill for the decr
Jun 18, 2020 08:30 am ET
IMC Announces Focus Medical's First Import from Canada to Israel, Strengthening International Network
Strong relationships with Canadian medical cannabis industry are a strategic imperative to IMC as a global medical cannabis brand Focus Medical has successfully imported approximately 200kg of medical cannabis from Canada, now seven suppliers cultivating under IMC brand across Israel, Spain and Canada IMC brand well positioned for Israeli government decriminalization reforms* Currency is in CAD$ unless specified otherwise
Jun 15, 2020 08:30 am ET
IMC Announces Binding Term Sheet for Distribution of CannEpil® in Israel
New generation of evidence-based cannabis products to be launched in Israel IMC to be exclusive distributor of CannEpil® in Israel for five-year term CannEpil® was developed by MGC Pharma for the treatment of refractory epilepsy* Currency is in CAD$ unless specified otherwise
Jun 10, 2020 08:30 am ET
IMC Supports Israeli Government Action Towards Cannabis Decriminalization
TORONTO and GLIL YAM, Israel, June 10, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to express its support for the Israeli government's plans to advance legislation on non-discrimination between medical and recreational cannabis users.
Jun 05, 2020 11:56 am ET
IM Cannabis Reports Q1/2020 Results and Strategic Milestones
Focus Medical has now entered into pharmacy sales agreements in Israel to deliver $193.5 million of medical cannabis over the next three years at an expected gross margin of 50% All supply for the pharmacy sales agreements has been secured, including initial shipments from Spain into Israel Momentum in revenue is expected to increase in Q2/2020 and gradually throughout the balance of the year* Currency is in CAD$ unless specified otherwise
Jun 04, 2020 08:30 am ET
IMC Announces Record Harvest by Focus Medical and Update on Israeli Operations
Focus Medical recently completed a semi-annual record harvest of over 3,000kg of medical cannabis Focus Medical's first two months of shipments of IMC-branded medical cannabis products to Super-Pharm and Panaxia totalled over 250kg Approximately 450kg of medical cannabis is expected for shipment in Q2 2020 under sales agreements with Super-pharm and Panaxia and 2,550kg of medical cannabis is expected for shipment in the latter half of 2020 under previously announced pharmacy sales agreements * Currency is in CAD$ unless specified otherwise
May 27, 2020 04:30 pm ET
IM Cannabis Announces Delay in Filing its Q1 2020 Financial Statements and MD&A
TORONTO and GLIL YAM, Israel, May 27, 2020  /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC) announces that filing of the Company's interim financial statements for the three month period ended March 31, 2020 (the "Q1 Financial Statements") and associated management's discussion and analysis (the "Q1 MD&A", and collectively with the Q1 Financial Statements, the "Q1 Filings") will be postponed due to delays caused by the COVID-19 pandemic.
May 26, 2020 08:00 am ET
IMC Announces Focus Medical's Successful Import of Medical Cannabis from Spain to Israel
Focus Medical has successfully imported approximately 200kg of medical cannabis from Spain into Israel The medical cannabis was supplied by Linneo Health, the Company's strategic supply partner in Spain and an EU-GMP global supplier of medicinal cannabis Six suppliers now cultivating medical cannabis to Focus Medical for sale under the IMC brand in Israel* Currency is in CAD$ unless specified otherwise
May 19, 2020 08:12 am ET
IMC Approved for 4,000kg of Medical Cannabis Import to Germany
IMC's EU-GMP licensed subsidiary, Adjupharm, has been approved to import 4,000kg of medical cannabis into Germany from additional foreign suppliers pursuant to a license extension granted by BfArMThe License includes the ability to import flower and extracts from several countries, approved for both bulk and primary productsThe License allows all sales currently under binding commitment in Germany to be fulfilled from abroad TORONTO, GLIL YAM, Israel and BAD OLDESLOE, Germany, May 19, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical c
May 14, 2020 07:45 am ET
IMC Welcomes Approval of Medical Cannabis Exports by Israeli Government
Israeli Ministry of Economy signed a Free Export Order for medical cannabis productsGovernment to begin accepting medical cannabis export applications in 30 daysNew export order significantly increases international market potential for the IMC brand TORONTO and GLIL YAM, Israel, May 14, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce that the Israeli Ministry of Economy signed a Free Export Order for medical cannabis products on May 13, 2020. In 3
May 12, 2020 08:16 am ET
IMC Signs Third Sales Agreement in Germany, Further Strengthening its Distribution Network
Executing on long-term strategy to build distribution platform across the large German marketSales commitment for 465kg of IMC-branded medical cannabis over the next twelve months Together with other announced binding purchase agreements in Germany, a total of 825kg of IMC-branded medical cannabis is committed for sale over the next twelve months *Currency is in CAD$ unless specified otherwise
May 07, 2020 08:00 am ET
IMC Expands into German Market through Execution of Two Binding Sales Commitments
First step in a long-term strategy to develop a network of distribution partners in order to maximize brand awareness among physicians, pharmacists and patients in Germany IMC's distribution subsidiary in Germany will deliver a total of 360kg of medical cannabis to two distributors in Germany beginning in June 2020 All medical cannabis sold to these distributors under the IMC brand * Currency is in CAD$ unless specified otherwise
Apr 27, 2020 08:30 am ET
IMC Announces New Supplier Signed by Focus Medical, Now Five Suppliers Cultivating for Focus Medical under IMC Brand
Focus Medical has entered into a supply agreement to purchase up to a total 8,060kg of medical cannabis between 2020 and 2023 Focus Medical has now secured all the supply required under the six binding pharmacy sales agreements it has signed In 2020, Focus Medical signed binding sales agreements for pharmacies to purchase 33,075kg in medical cannabis under the IMC brand, revenue of CAD$193.5 million to IMC over the next three years, at an expected gross margin of 50% TORONTO and GLIL YAM, Israel, April 27, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world
Apr 21, 2020 11:32 am ET
IIROC Trade Resumption - IMCC
VANCOUVER, April 21, 2020 /CNW/ - Trading resumes in:
Apr 21, 2020 10:21 am ET
IIROC Trading Halt - IMCC
VANCOUVER, April 21, 2020 /CNW/ - The following issues have been halted by IIROC:
Apr 20, 2020 04:30 pm ET
IM Cannabis Reports 72% Increase in Q4 2019 Consolidated Revenue
Consolidated revenues increased 72% to $2.5 million in Q4 2019, fiscal 2019 consolidated revenue increased 75% with a gross margin of 48% Strong financial position at December 31, 2019 with $13.9 million in cash, $21.7 million in working capital and no debt Sales agreements for $121.9 million in consolidated revenue to IMC over three years signed by Focus Medical subsequent to year-end*
Apr 16, 2020 08:30 am ET
IMC Announces Two Additional Binding Sales Agreements by Focus Medical - Adds CAD$14.5 Million in Revenue with Gross Margin of 50% Over Three-Year Period
Focus Medical has entered into two additional binding sales agreements: Max Pharm for up to 1,500kg over three years and Panaxia for 1,000kg of medical cannabis under the IMC brand Max Pharm adds IMC-branded products to its retail pharmacy and home delivery platform, and Panaxia will launch IMC products across the largest home delivery platform in Israel In 2020, Focus Medical has signed binding sales agreements to supply 20,475kg in medical cannabis under the IMC brand – totalling up to CAD$121.9 million in revenue to IMC over the next three years, at an expected gross margin of 50% TORON
Apr 13, 2020 10:44 am ET
IIROC Trade Resumption - IMCC
VANCOUVER, April 13, 2020 /CNW/ - Trading resumes in:
Apr 13, 2020 10:23 am ET
IMC Announces Three-Year CAD$80.4 Million Sales Agreement with Gross Margin of 50% by Focus Medical with Super Pharm, Israel's Largest Pharmacy Chain, for IMC-Branded Medical Cannabis Products
Focus Medical has entered into a three-year binding sales agreement with Super-Pharm, Israel's largest pharmacy chain, for 13,575kg of IMC branded medical cannabis productsSales to begin in April 2020 through Super-Pharm's omnichannel distribution network including 41 pharmacies licensed to sell medical cannabis, as well as home delivery and e-commerce platformsTo date in 2020, Focus Medical has signed binding sales agreements for 17,975kg of medical cannabis products with a value of CAD$107.4 million in revenue expected over the next three years TORONTO and GLIL YAM, ISRAEL, April 13, 202
Apr 13, 2020 07:58 am ET
IIROC Trading Halt - IMCC
VANCOUVER, April 13, 2020 /CNW/ - The following issues have been halted by IIROC:
Apr 08, 2020 08:00 am ET
IMC Announces Second Focus Medical Deal for Sales of Branded Products in Israeli Pharmacy Channel for 2,000kg
Focus Medical, entered into a two-year binding agreement to sell 1,000kg of medical cannabis a year to Shor Tabachnik pharmacies The two-year contract is valued at approximately CAD$12 million; now 4,400kg for an approximate value of CAD$27 million contracted over next three years All medical cannabis sold according to this agreement will be under the IMC brand TORONTO and GLIL YAM, Israel, April 8, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce
Apr 08, 2020 12:05 am ET
Isracann Closes JV Cannabis Farm Production Agreement With 3-Year Offtake in Israel
Isracann Biosciences Inc. (CSE: IPOT) (XFRA: A2PT0E) (OTC: ISCNF) (the “Company” or “Isracann”) an Israel-based company focused on becoming a premier low cost, high quality cannabis producer for both domestic and European export sales, is pleased...
Apr 02, 2020 08:00 am ET
IM Cannabis Provides Business Update on COVID-19
Israeli and German operations continue to advance strategic priorities, investments into innovation will be deferred Israeli operation to benefit from two supply agreements and one sales agreement recently signed by Focus Medical IM Cannabis currently has CAD$11.8 million in cash and no debt TORONTO and GLIL YAM, Israel, April 2, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to provide a business update to the investment community regarding the COVID-19 pand
Mar 31, 2020 08:00 am ET
IM Cannabis Adds New Partners for Supply of Medical Cannabis in Israel under IMC Brand
IMC continues to build asset-light business model to satisfy rising demand for medical cannabis in Israel with supply of approximately 2,600kg of medical cannabis per year using Focus Medical's proprietary genetics All medical cannabis sold according to this agreement will be under the IMC brand TORONTO and GLIL YAM, ISRAEL, March 31, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce that Focus Medical Herbs Ltd. ("Focus Medical"), a licensed medical
Mar 30, 2020 09:53 am ET
IM Cannabis to Expand IMC Brand in Pharmacies Across Israel
Focus Medical entered into a binding agreement to sell 800kg of medical cannabis a year to a group of pharmacies in Jerusalem over a period of three years Total contract value of approximately CAD$15 million All medical cannabis sold according to this agreement will be under the IMC brand TORONTO and GLIL YAM, ISRAEL, March 30, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce that Focus Medical Herbs Ltd. ("Focus Medical"), a licensed medical cannab
Mar 23, 2020 08:00 am ET
IM Cannabis Bolsters Supply of Medical Cannabis in Israel under IMC Brand due to Definitive Supply Agreement between Focus and Intelicanna
Intelicanna, an Israeli cannabis company traded on the Tel Aviv Stock Exchange under the ticker symbol "INTL", to supply a minimum of 500kg and up to 1,000kg of medical cannabis to Focus Medical using Focus Medical's proprietary geneticsAll medical cannabis sold according to this agreement will be under the IMC brand TORONTO and GLIL YAM, Israel, March 23, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce that Focus Medical Herbs Ltd. ("Focus Medica
Mar 17, 2020 10:06 am ET
IM Cannabis Corp. Announces Annual General Meeting Results
TORONTO and GLIL YAM, Israel, March 17, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC) is pleased to announce that at the annual general meeting of shareholders of the Company (the "Meeting") held earlier today, the shareholders elected Oren Shuster, Marc Lustig, Steven Mintz, Rafael Gabay and Vivian Bercovici as directors of the Company. Incumbent director Jesse Kaplan did not seek re-election at the Meeting and Rafael Gabay and Vivian Bercovici were elected to the board of directors (the "Board") for the first time. The Board would like to thank Mr. Kaplan for his serv
Jan 30, 2020 12:05 pm ET
Israeli Government Approves First Export of Medical Cannabis from Israel to United Kingdom
TORONTO and GLIL YAM, Israel, Jan. 30, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is preparing for the expansion of medical cannabis export from Israel in light of the recent news about government approval and the completion of the first medical cannabis shipment from Israel to the United Kingdom.
Jan 28, 2020 06:00 am ET
IM Cannabis Continues European Expansion, Establishes Joint Venture and Supply Agreement in Greece
IMC to become 25% Joint Venture partner for cultivation and processing operation in Greece Preferred supply agreement to diversify sources of EU-GMP medical cannabis for export to Germany and other emerging markets TORONTO and GLIL YAM, Israel, Jan. 28, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is pleased to announce that on January 23, 2020 it signed definitive agreements to establish a medical cannabis cultivation and processing joint venture in Greece (the "Jo
Jan 07, 2020 07:00 am ET
IM Cannabis Expands Innovation Portfolio with Investment in Xinteza to Develop Innovative Biosynthesis Technology based on Weizmann Institute Research
TORONTO and GLIL YAM, Israel, Jan. 7, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering and innovation focused medical cannabis companies with operations in Israel and across Europe, is pleased to announce that it has invested in a unique biosynthesis technology by entering into a share purchase agreement dated December 26, 2019 with Xinteza API Ltd. ("Xinteza") whereby the Company will acquire 25% of Xinteza's outstanding common shares for consideration of up to US$1.7 million. IMC's investment will be funded with existing cash resources.
Jan 06, 2020 07:00 am ET
IM Cannabis Releases Message from CEO and Recent Milestones
TORONTO and GLIL YAM, Israel, Jan. 6, 2020 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering and innovation focused medical cannabis companies with operations in Israel and across Europe, is pleased to release a message from its Chief Executive Officer, Oren Shuster.
Dec 18, 2019 08:15 am ET
IM Cannabis Corp. Provides Israeli Market Update
TORONTO and GLIL YAM, Israel, Dec. 18, 2019 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations in Israel and across Europe, is providing an update on an interim order recently issued by the Israeli High Court of Justice (the "High Court") (the "Interim Order") requiring medical cannabis cultivators and production companies in Israel to extend the supply of medical cannabis to certain patients who, under the former regulatory regime, were licensed to receive medical cannabis until July 30, 2019, as per condi
Dec 06, 2019 06:00 am ET
IMCC Appoints Yaron Berger as CEO of IMC Holdings
Mr. Berger brings over 10 years of experience in managing large-scale operations in the government and private sectors including as the head of a leading telemedicine and pharmaceutical distribution company Mr. Berger established Greenpharma, one of Israel's first online pharmacies focused on medical cannabis patients Oren Shuster to remain CEO of IM Cannabis Corp. TORONTO and GLIL YAM, Israel, Dec. 6, 2019 /CNW/ - IM Cannabis Corp. (the "Company" or "IMCC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations across Europe, is pleased to announce the appoin
Dec 04, 2019 06:00 am ET
IM Cannabis to Host a Live Investor Webcast on December 10, 2019
IM Cannabis Corp. invites individual and institutional investors, as well as advisors and analysts, to attend a real-time, interactive presentation TORONTO and GLIL YAM, Israel, Dec. 4, 2019 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations across Europe,  is pleased to announce that Oren Shuster, Chief Executive Officer, will present live at Grit Capital's Webcast Series on December 10, 2019 at 11:00am ET/8:00am PT.
Nov 29, 2019 03:30 pm ET
IMC Holdings Increases Consolidated Revenues by 70% in Third Quarter of 2019
Consolidated revenues increased 70% to $2.3 million as sales volume and patient count continue to increase compared to previous year Focus increased its active registered patients by 28% to 4,636 as IMC-branded products maintain a leadership position in Israel Navasota completed private placement for gross proceeds of $20.4 million to fund the Company's Europe-focused growth strategy* Currency is in Canadian dollars unless specified otherwise.
Nov 21, 2019 03:30 pm ET
IM Cannabis Warrants Begin Trading on CSE
TORONTO and GLIL YAM, Israel, Nov. 21, 2019 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE: IMCC), one of the world's pioneering medical cannabis companies with operations across Europe, is pleased to announce that 9,730,258 warrants of the Company (the "Warrants") have begun trading on the Canadian Securities Exchange (the "CSE") under the trading symbol "IMCC.WT". Each Warrant, entitles the holder thereof to purchase one common share in the capital of the Company at an exercise price of $1.30 until October 11, 2021. 
Nov 18, 2019 06:00 am ET
IM Cannabis Corp. Applies for Listing of Warrants on the CSE
TORONTO and GLIL YAM, Israel, Nov. 18, 2019 /CNW/ - IM Cannabis Corp. (formerly Navasota Resources Inc.) (the "Company" or "IMC") (CSE: IMCC) has applied to list 9,730,258 warrants of the Company (the "Warrants") for trading on the Canadian Securities Exchange (the "CSE"). The Warrants had previously been issued pursuant to the terms of a private placement offering of subscription receipts by a wholly owned subsidiary of the Company that was partially brokered by a syndicate of agents led by Cormark Securities Inc. and comprised of Canaccord Genuity Corp., First Republic Capital Corp., Haywo
Nov 12, 2019 06:00 am ET
IM Cannabis to Present at PI Financial Conference in London
TORONTO and GLIL YAM, Israel, Nov. 12, 2019 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC") (CSE:IMCC), one of the world's pioneering medical cannabis companies with operations across Europe,  is pleased to announce that it will be presenting at the PI Financial Cannabis Conference in London, England on November 18, 2019.
Nov 05, 2019 01:33 pm ET
Canadian Securities Exchange Attracts First Israeli Company Listings
IM Cannabis becomes third Israeli cannabis listing in past six weeks
Nov 05, 2019 06:00 am ET
IM Cannabis to Become First Israeli Medical Cannabis Operator to List on CSE and Provides Update on Operations in Europe and Israel
IMC is the first Israeli medical cannabis company to list its shares in Canada and will trade under the ticker "IMCC" on the Canadian Securities ExchangeThe Company recently completed a private placement for gross proceeds of over CAD$20 million to bolster its footprint across Europe, including Germany, Portugal and GreeceInitial shipment from the EU-GMP facility in Europe to Germany is expected in Q2 2020 TORONTO and GLIL YAM, Israel, Nov. 5, 2019 /CNW/ - IM Cannabis Corp. (the "Company" or "IMC"), one of the world's pioneering medical cannabis companies with operations across Europe,  is