Latest IMCannabis News & Updates

See the latest news and media coverage for IMC. We track all announcements, press releases, and industry mentions in real time, all in one place.

IMCannabis (IMC)

Medical cannabis company

imcannabis.com

Headquarters: Herzliya, Israel
Company type: Public company
Number of employees: 200–500
Industry: Healthcare Facilities & Services

Last updated September 29

Latest news about IMCannabis (IMC)

In short: IMC sold its European operations, strengthened its balance sheet, and regained Nasdaq minimum bid price compliance.

Company announcements

August 27 IMC

IM Cannabis consolidates shares for renewed Nasdaq trading

The company adjusts its share structure to meet exchange listing requirements while maintaining its existing ticker symbol and operational focus in Israel and Germany.

August 18 IMC

IMC consolidates shares to meet Nasdaq compliance requirements

The company executes a 30-for-1 share consolidation to raise its stock price above the $1.00 minimum bid price requirement by late August 2026.

August 13 IMC

IMC Announces Second Quarter 2026 Financial Results

H1 revenue fell to $16.3M from $25.2M, with a net loss of $6.9M for the six months ended June 30, 2026.

June 18 IMC

IM Cannabis Corp. enters into LOI to sell European assets

The transaction is expected to reduce debt by CAD$10.5 million and streamline operations.

Media coverage

September 29 Grafa

IM Cannabis completes sale of IMC Holdings to Slil

IM Cannabis (NASDAQ:IMCC) completes sale of IMC Holdings to Slil, retaining Israeli operations and expecting improved balance ...

September 23 Seeking Alpha

IM Cannabis Acquires 51 Percent Stake In Space Defense Innovations

IM Cannabis signs a non-binding letter of intent to buy a majority stake in Space Defense Innovations, expanding its portfolio beyond medical cannabis into technology.

June 18 Yahoo Finance

IM Cannabis Corp. Enters into Letter of Intent to Sell its European Activities, Expects to Significantly Reduce Debt by CAD$10.5 million

IM Cannabis Corp. ("IMC" or the "Company") (NASDAQ: IMCC), a medical cannabis company with operations in Israel and Germany, is pleased to announce that it...

May 15, 2025 PR Newswire Canada

IM Cannabis Reports First Quarter Financial Results

"Q1 2025 is a clear inflection point for IMC," said Oren Shuster, Chief Executive Officer of IMC. "Achieving net profitability and an 87% improvement in...

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