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IM Cannabis Corp C.IMCC

Alternate Symbol(s):  IMCC

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

Post by NLMooseon Jul 29, 2022 4:40pm
180 Views
Post# 34861188

IM Cannabis is now IM Bankrupt

IM Cannabis is now IM Bankrupt

IM Cannabis seems to be on a brink of becoming IM Bankrupt as their stock price has not only reached a new 52 week low at a mere 61 cents a share, but its also a new record low.

Can't wait for IM Cannabis to become IM Delisted as punishment for allowing their shares to plummet to record low levels with no end in sight.

To save IM Cannabis from IM Delistment with NASDAQ, they need to get their governance in order, including firing every single board and executive member for gross incompetence.

With share price now at a new record low, a likelihood of IM Cannabis avoiding IM Delistment with a 180 day extension is very low.

IM Cannabis, clean up your act.

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