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IM Cannabis Corp C.IMCC

Alternate Symbol(s):  IMCC

Healthcare
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), which has a cultivation license to breed, grow and supply medical cannabis products in Israel. The Company also operates medical cannabis retail pharmacies, online platforms, distribution centres and logistical hubs in Israel. The Company operates through Adjupharm GmbH in Europe, which is a medical cannabis producer and distributor with wholesale, narcotics handling, manufacturing, procurement, storage, and distribution licenses granted by German regulatory authorities that allow for import/export capability with requisite permits. The Company operates through Trichome and its subsidiaries Trichome JWC Acquisition Corp. 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.


CSE:IMCC - Post by User

IM Cannabis Corp > Time for IM Cannabis to be threatened with IM Delistment
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Comment by NLMooseon Jun 29, 2022 11:53am
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Post# 34790637

RE:RE:Time for IM Cannabis to be threatened with IM Delistment

RE:RE:Time for IM Cannabis to be threatened with IM Delistment

No other major cannabis company, notably Aurora, Canopy, Aphria, or HEXO have experienced a meteoric drop in their share price.

Secondly, since IM Cannabis is listed on the NASDAQ, they have a legal responsibility to ensure their stocks are above the $1 per share standard.

If it doesn't meet that standard, the company faces delistment, and all investors will suffer.
 

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