News & Videos - IM CANNABIS CORP. - Page 2

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...

Launches WAGNERS brand with new cultivars and SKUs MYM shareholder meeting set for July 5, 2021 Substantially completes loan portfolio run-off and realizes a 24% IRR TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / June 1, 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 the following update. F irst...

Q1 2021 revenues of $8.8 million, an 80% sequential increase from Q4 2020 with Gross margin of 53% Strong sequential growth expected to continue with focus on further expanding premium product portfolio in Israel, contracted shipments into German market and inclusion of full quarter of Canadian sales following successful integration of Trichome TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / May 17 , 2021 / IM Cannabis Corp. (" IMC " or the " Company ") (CSE:IMCC, NASDAQ:IMCC), a multi-country...

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...

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 (each an...

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...

With Israel 's Fast-Paced E-Commerce Adoption and Cannabis Market's High Growth Rate (Averaging 4 Percent 1 per Month), Panaxia's Online Platform to Support Patient Base Expansion Acquisition Broadens IMC's Patient Offering in Israel, Facilitates Stronger Direct Patient Relationships and Enables the Company to Grow its IMC Brand Awareness Offers Additional Opportunity to Generate Revenue and Margin on Third-Party Products and is Synergistic with IMC's Premium and Super-Premium Canadian Indoor...

Q4 2020: revenues of $4.9 million and gross margin of 57% 1 ; FY 2020: revenues of $15.9 million and gross margin of 55% 1 . Preliminary unaudited Q1 2021 revenues expected to be in the range of $8.5 - $9.0 million; gross margin expected to be in the range of 50% to 55%. Q2 2021 revenues expected to be in the range of $17 million - $19 million from continued growth in Israel, resumption of product shipments and growth of revenue in Germany, and inclusion of Trichome operations in the Company's...

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....

IMC Subsidiary, Adjupharm, Signs New Supply Agreement to Expand Product Portfolio Agreement with Northern Green Canada Strengthens Adjupharm's Position as Leading EU GMP-Certified Medical Cannabis Distributor in Europe 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...

Highland Grow is currently profitable on an EBITDA basis and the Transaction is expected to be immediately accretive to IMC Highland Grow is expected to generate net revenue of $29 million and $38 million and gross margins of 34% to 36% in 2021 and 2022, respectively[1] Purchase price implies 2.3x net revenue and 6.7x EBITDA in 2022 with synergies MYM shareholders will receive 0.022 IMC shares for each MYM share, representing a price of $0.195 based on respective closing prices on March 31, 2021...

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...

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...

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...

Multi-year agreement enables IMC to launch a premium product category in Israel - one of the world's largest import markets for medical cannabis The agreement adds another international partnership to IMC's supply network 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...