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IM
IM Cannabis Corp. Common Shares
IMCC
Mkt Cap
$821,936
Volume
84.60K
Next Earnings
November 12th
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IM
IMCC
IM
IM Cannabis Corp. Common Shares
IMCC
News
·
Whole Lotta Dank Debuts Dank Pack Across Alberta, Announces Nationwide Search for Cannabis Partners
Mkt Cap
$839,450
Volume
84.59K
Next Earnings
November 12th
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Whole Lotta Dank Debuts Dank Pack Across Alberta, Announces Nationwide Search for Cannabis Partners
Whole Lotta Dank, a Canadian cannabis brand development platform, officially launched Dank Pack, its first cannabis brand, with the debut product Blueberry BBL available across Alberta. The company is expanding its portfolio with 20+ SKUs under regulatory review and actively seeking long-term partnerships with Canadian cannabis producers, cultivators, and manufacturers. The launch is backed by eight retail locations and over 125,000 completed deliveries.
GlobeNewswire Inc. · Oct 16, 2026
IM Cannabis Raises US$225,000 of Gross Proceeds in Convertible Note Financing
IM Cannabis Corp. (NASDAQ: IMCC) announced the closing of a US$225,000 convertible note financing with an institutional investor. The convertible note bears 8% interest (increasing to 14% upon default) and includes warrants to purchase 781,250 common shares at C$0.40 per share. The company intends to use net proceeds for general corporate purposes and has agreed to file a resale registration statement with the SEC.
Benzinga · Jun 3, 2026
IM Cannabis Corp. Announces First Quarter 2026 Financial Results
IM Cannabis Corp. (NASDAQ: IMCC) reported Q1 2026 results with revenues of $8.7 million, gross profit of $1.4 million, and a net loss of $2.5 million ($0.38 per share). The company reduced general and administrative expenses by 22% year-over-year and completed convertible note financings to support liquidity management. Operations continue in Israel and Germany with focus on cost optimization and strategic opportunities.
Benzinga · May 13, 2026
IM Cannabis Raised US$550,000 of Gross Proceeds in Convertible Note Financings
IM Cannabis Corp (NASDAQ: IMCC) announced the closing of convertible note financings totaling US$550,000 in gross proceeds. The company issued two convertible notes with warrants to institutional investors, with net proceeds to be used for general corporate purposes. The notes feature conversion prices tied to market conditions and include standard protective provisions for investors.
Benzinga · May 7, 2026
IM Cannabis Reports 2025 Results: Revenue of C$54.7 Million with Over 134% Growth in Germany and Positive Operating Cash Flow
IM Cannabis Corp. reported 2025 full-year revenue of C$54.7 million with strong 134% growth in Germany, now representing 66% of total revenue. The company achieved positive operating cash flow of C$4.7 million, a significant turnaround from 2024, and strengthened its cash position to C$3.3 million through strategic financings. Additionally, IMC announced plans to diversify into defense technology through a proposed acquisition of 51% stake in Polish company Black Axe Technologies.
Benzinga · Mar 31, 2026
IM Cannabis Raises US$2,171,660.40 in Note Purchase Agreements
IM Cannabis Corp. (NASDAQ:IMCC) announced it has raised US$2.17 million through two note purchase agreements with a third-party lender to manage liquidity requirements. The First Note of US$1.54 million and Second Note of US$632,911.50 both carry 8% interest (increasing to 14% upon default) with 18-month maturities and conversion options. Approximately US$1 million of proceeds were used to repay existing creditors, with remaining funds allocated to working capital and strategic initiatives.
Benzinga · Jan 26, 2026
IM Cannabis Announces Board Changes and Strategic Decision to Identify Additional Business Opportunities
IM Cannabis Corp. announced board changes, with two directors resigning and two new directors appointed. Oz Adler was named Board Chairman, and the company plans to explore additional business opportunities to enhance long-term growth.
Benzinga · Sep 16, 2025
IM Cannabis Closes Private Placement for Gross Proceeds of Approximately US$4.1 Million
IM Cannabis Corp. successfully closed a private placement offering, raising approximately US$4.1 million by issuing 2,050,000 units at C$2.7427 per unit, with each unit consisting of a common share or pre-funded warrant and a common share purchase warrant.
Benzinga · Jul 31, 2025
IM Cannabis Closes Non-Brokered Private Placement led by Management and Concurrent Debt Settlement
IM Cannabis Corp. announced the closing of a non-brokered private placement offering and a debt settlement with its CEO Oren Shuster. The company plans to use the proceeds to repay a loan and improve its financial position.
Benzinga · Nov 12, 2024
Weed Industry Celebrates Biden's Rescheduling Move: 'Most Monumental Cannabis Reform In Half A Century'
Cannabis companies and legalization advocates are applauding President Joe Biden's Thursday announcement that formalizes the rescheduling process that will finally move cannabis from the DEA's Schedule I to Schedule III. "This change represents a major leap forward and an opportunity to correct a long-standing wrong which has disproportionally impacted marginalized communities, inhibited research, and restrained the responsible growth of the U.S. cannabis industry," said David Klein, CEO of Canopy Growth (NASDAQ:CGC). “In addition to setting an important precedent and paving the way for additional reform including full legalization, rescheduling is especially significant as it provides an immediate and significant improvement to the cashflow of all state-legal cannabis businesses including those within Canopy USA." Kim Rivers, CEO of Trulieve (OTCQX:TCNNF), didn’t hold back. “Today is historic!” she said. "Today is historic! Cannabis is moving to schedule III. We applaud the President and his administration for making federal cannabis reform a priority." – CEO @rivers_kim pic.twitter.com/afZV4smOby — Trulieve (@Trulieve) May 16, 2024 The transformative news for the cannabis market comes ahead of Benzinga’s Cannabis Capital Conference, which returns to Chicago Oct. 8-9. David Hart, CEO of The Cannabist Company (OTC:CBSTF), one of the largest ...Full story available on Benzinga.com
Benzinga · May 16, 2024
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