IM Cannabis Corp C.IMCC

Hope

[TheBridge]

I'm sure hoping that this price drop isn't another MYM moment where the share price keeps dropping and then they get taken over by another cannabis company. It could be another example of where management does very well and the shareholders get to hold an empty bag. There's experience on this team with this kind of move and I'm worried.

[WeeblesWobble]

I share your concern.  The lower this goes, the cheaper a takeover becomes.  Hopefully, Q3 results will provide a much needed boost to the SP.  Three weeks (or so) of patiently or impatiently waiting.

[RockMaschine]

I hope this is another MYM moment where on rumour of takeover the share price quadruples from $3.60 to. $14+ ( Nov '20 MYM 5 cents, Feb '21, 22 cents. You are so naive. The price dropped after the takeover announcement. It whipped around violently for those months before and if you had been nimble you could have flipped and significantly increase your position. Yet here you are still

[WeeblesWobble]

It seems you have been speaking with mgmt.  Care to elaborate on what you have been told?

[NLMoose]

MYM Nutraceuticals and Biome Grow should not have sold out to IM Cannabis in the first place. Ever since MYM became a subsidiary of IM Cannabis, the stock has plunged over 60% to nearly $3 a share.  

[RockMaschine]

Congratulations for pointing out the obvious. Now how about you give some context and show how every other company in the cannabis space has fallen by 50% or more since February this year. Its a cycle low. Highland is still selling as is JWC and every other IM division. I was able to find an article dated Oct 15/21 that profiled a small craft BC company who exported to Israel by way of IM. Lets

[NLMoose]

Biome Grow is now under control of IM Cannabis as they sold their marijuana production business to MYM Nutraceuticals, and then sold to IM Cannabis, which was a bad deal considering their shares are now at record low levels. If IM Cannabis' highland division is selling well as you claim, their stock should be at $6.00 per share average, not below $3.00 a share.  

[RockMaschine]

Biome is absolutely in no way governed or under control of IM Cannabis. Why are their shares still trading and MYM are not? It is clearly explained in every Biome statement since the deal. Goes to show what little understanding you have.

[NLMoose]

Don't forget that Biome Grow sold Highland Grow to MYM Nutraceuticals in exchange for their stock. Earlier this year, MYM Nutraceuticals sold themselves to IM Cannabis. In short, Biome Grow doesn't produce anything anymore.