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

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IM Cannabis Corp. (NASDAQ:IMCC ) Q1 2022 Earnings Conference Call May 12, 2022 5:00 PM 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 Welcome to IM Cannabis Q1 2022 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

IM Cannabis Corp. (IMCC) CEO Oren Shuster on Q1 2022 Results - Earnings Call Transcript

IM Cannabis Corp. (IMCC) delivered earnings and revenue surprises of -550% and 6.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

IM Cannabis Corp. (IMCC) Reports Q1 Loss, Lags Revenue Estimates

Gross Profit Increased 37% from Q1 2021 as Operational Efficiencies from Integration Take Hold; Company Expects to Achieve Positive Adjusted EBITDA in Q2 2022 TORONTO and GLIL YAM, Israel, May 12, 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 financial results for the three months ended March 31, 2022. All amounts are reported in Canadian dollars unless otherwise stated.

IM Cannabis Reports Record First Quarter 2022 Financial Results; Revenues Increase 169% YoY to $23.6 Million

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TORONTO, Canada and GLIL YAM, Israel, May 5, 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 first quarter ended March 31, 2022 after market close on Thursday, May 12, 2022.     Management will host a conference call to discuss the results, followed by a question-and-answer session from participants.

IM Cannabis to Report First Quarter 2022 Financial Results on Thursday, May 12 at 5:00 p.m. ET

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TORONTO and GLIL YAM, Israel, April 12, 2022 /PRNewswire/ -- Oren Shuster, CEO, director and founder of IM Cannabis Corp. ("IMCC" or the "Company") (CSE: IMCC) (NASDAQ: IMCC), announces that he has acquired an aggregate of 150,000 common shares in the capital of IMCC (the "Common Shares") in a series of open market transactions between April 5 and 8, 2022 through the facilities of the Nasdaq Capital Market (the "NASDAQ") (the "Acquisition"). Mr. Shuster acquired the Common Shares at an average price of US$2.238 per Common Share (approximately CAD$2.804) for an aggregate purchase price of US$335,731.60 (approximately CAD$420,709.42).

OREN SHUSTER ACQUIRES COMMON SHARES OF IM CANNABIS CORP.

Closure of Sde Avraham farm in Israel optimizes Company's organizational structure by fully leveraging global import-export supply chain Increase in Revolving Credit Facility availability to $15 million supports increased global demand for premium cannabis   TORONTO, Canada and GLIL YAM, Israel , April 6, 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, today announced new strategic imperatives designed to enhance organizational efficiency and reduce operating costs while further responding to the increased demand for premium, indoor-grown Canadian cannabis from Israeli consumers. As part of these changes, Focus Medical Herbs Ltd.

IM Cannabis Strengthens Focus on Importing Premium and Ultra-Premium Products from its Canadian Subsidiaries

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IM Cannabis Corp. (IMCC) CEO Oren Shuster on Q4 2021 Results - Earnings Call Transcript

- Fiscal Year 2021 revenues increased 242% year-over-year to a record of over $54 million - Q4 2021 revenues increased 309% year-over-year and 39% compared to Q3 2021 - Sequential revenue growth and gross margin improvement expected in Q1 2022 TORONTO, and GLIL YAM, Israel, March 31, 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 financial results for the three months and fiscal year ended December 31, 2021. All amounts are reported in Canadian dollars unless otherwise stated.

IM Cannabis Reports Record Fourth Quarter and Fiscal Year 2021 Financial Results and Provides First Quarter 2022 Outlook

TORONTO and GLIL YAM, Israel, March 29, 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, has rescheduled the release of its operational and financial results for the fourth quarter and full year ended December 31, 2021, to before market open on Thursday, March 31, 2022.     Management will host a conference call to discuss the results, followed by a question-and-answer session from participants.

IM Cannabis Reschedules Fourth Quarter and Full Year 2021 Conference Call to Thursday, March 31 at 9:00 a.m. ET

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TORONTO and GLIL YAM, Israel, March 23, 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 fourth quarter and full year ended December 31, 2021 before market open on Wednesday, March 30, 2022.     Management will host a conference call to discuss the results, followed by a question-and-answer session from participants.

IM Cannabis to Report Fourth Quarter and Full Year 2021 Financial Results on Wednesday, March 30 at 9:00 a.m. ET

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TORONTO and GLIL YAM, Israel , March 15, 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, has completed three strategic acquisitions announced in 2021. The acquisitions were completed through IMC Holdings Ltd.

News for IM Cannabis Corp Stock (IMCC)