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Off-market insider buying at IM Cannabis (C:IMCC)

Updated Thursday Oct 06, 2022 01:59 AM EDT

Marc Lustig, a Senior Officer, Director and Subsidiary Executive, acquired 1,112,504 Common Shares on an indirect ownership basis for registered holder L5 Capital Inc. at a price of US$0.500 through a prospectus or prospectus exempt offering on October 4th, 2022. This represents a $755,056 investment into the company's shares and an account share holdings change of greater than 100%.

IM Cannabis is in the Pharmaceuticals Sub Industry Group under the Healthcare Sector.

IM Cannabis Corp. is a Canada-based medical cannabis company. The Company operates in Israel through its commercial relationship with Focus Medical Herbs Ltd. (Focus Medical), where it cultivates, imports and distributes cannabis to medical patients, data and patient insights. The Company also operates medical cannabis retail pharmacies, online platforms, distribution centers and logistical hubs in Israel. The Company operates in Germany through Adjupharm GmbH (Adjupharm), where it is a certified medical cannabis producer and distributor with wholesale, narcotics handling, manufacturing, procurement, storage, and distribution licenses. The Company operates in Canada through Trichome JWC Acquisition Corp. d/b/a JWC and MYM Nutraceuticals Inc., where it cultivates and processes cannabis for the adult-use market at its Ontario and Nova Scotia facilities under the WAGNERS and Highland Grow brands.

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Go to IM Cannabis Corp. (IMCC)'s company page

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