IM Cannabis Corp

IM Cannabis Corp. engages in the production and sale of medical cannabis products. It offers dry flower products and cannabis oil products under the IMC brand. The company was founded on March 7, 1980 and is headquartered in Glil Yam, Israel.

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

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Earnings data Q3 2024

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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 the issuance of 492,492 units (the "Units") at a price of US$1.25 per Unit.

IM Cannabis Announces Units for Debt Settlement

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IM Cannabis Corp. (NASDAQ:IMCC ) Q4 2022 Earnings Conference Call March 29, 2023 9:00 AM ET Company Participants Maya Lustig - Director of Investor and Public Relations Oren Shuster - Chief Executive Officer Shai Shemesh - Chief Financial Officer Conference Call Participants Aaron Grey - Alliance Global Partners Scott Fortune - Roth Capital Partners Operator Good day, and welcome to IM Cannabis' Fourth Quarter and Full Year 2022 Earnings Conference Call. Today's conference call is being recorded.

IM Cannabis Corp. (IMCC) Q4 2022 Earnings Call Transcript

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 TORONTO, and GLIL YAM, Israel , March 29, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, today announced its financial results for the fourth quarter and full year ended December 31, 2022. All amounts are reported in Canadian dollars unless otherwise stated.

IM Cannabis Reports Fourth Quarter and Fiscal Year 2022 Financial Results; Revenues in 2022 Increased 60% Year-over-Year

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. The Company will host a zoom web conference call on the same day at 9:00 a.m.

IM Cannabis to Report Fourth Quarter & Full Year 2022 Financial Results on Wednesday, March 29 at 9:00am ET

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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 TORONTO and GLIL YAM, Israel , March 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, today announced a reorganization of the company's management and operations to strengthen its focus on core activities and drive efficiencies to realize sustainable profitability. To achieve this goal, the Company will be reducing its workforce in Israel by 20%-25% across all functions.

IM Cannabis Announces Additional Restructuring Initiatives Designed to Drive Sustainable Profitability and Reduce Costs

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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").

IM Cannabis Provides an Update on Panaxia Transaction

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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.   On November 14, 2022, the Company announced that the Common Shares would be consolidated on the basis of one (1) post-consolidation Common Share for each ten (10) pre-consolidation Common Shares (the "Share Consolidation").

IM Cannabis Common Shares Commence Trading on Consolidated Basis After 1 for 10 Reverse Stock Split

IM Cannabis Corp. (NASDAQ:IMCC ) Q3 2022 Earnings Conference Call November 14, 2022 9:00 AM ET Company Participants Oren Shuster - Chief Executive Officer Shai Shemesh - Chief Financial Officer Maya Lustig - Investor Relations Conference Call Participants Aaron Grey - Alliance Global Partners Scott Fortune - Roth Capital Partners Operator Good day and welcome to IM Cannabis' Third Quarter 2022 Earnings Conference Call. Today's conference is being recorded.

IM Cannabis Corp. (IMCC) CEO Oren Shuster on Q3 2022 Results - Earnings Call Transcript

IM Cannabis Corp. (IMCC) delivered earnings and revenue surprises of 16.67% and 45.21%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

IM Cannabis Corp. (IMCC) Reports Q3 Loss, Misses Revenue Estimates

Company to refocus resources and efforts on the Israeli and German markets; Commences exit of the Canadian market TORONTO and GLIL YAM, Israel, Nov. 14, 2022 /PRNewswire/ -- IM Cannabis Corp. (the "Company", "IM Cannabis", or "IMC") (CSE: IMCC) (NASDAQ: IMCC), a leading medical cannabis company, provided financial results for its third quarter ended September 30, 2022. All amounts are reported in Canadian dollars unless otherwise stated.

News for IM Cannabis Corp Stock (IMCC)