IM Cannabis Corp. (IMCC)

NASDAQ: IMCC · Real-Time Price · USD
2.770
+0.110 (4.14%)
Nov 20, 2024, 4:00 PM EST - Market closed
4.14%
Market Cap 7.96M
Revenue (ttm) 38.04M
Net Income (ttm) -9.52M
Shares Out 2.97M
EPS (ttm) -4.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 5,211
Open 2.850
Previous Close 2.660
Day's Range 2.700 - 2.969
52-Week Range 1.134 - 8.100
Beta 1.68
Analysts n/a
Price Target n/a
Earnings Date Nov 14, 2024

About IMCC

IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers medical cannabis dried flowers; and full-spectrum, strain-specific cannabis extracts under the IMC, BLKMT, WAGNERS, and LOT420 brands. The company serves medical patients. IM Cannabis Corp. was founded in 2008 and is headquartered in Tel Aviv, Israel. [Read more]

Sector Healthcare
Founded 1980
Employees 95
Stock Exchange NASDAQ
Ticker Symbol IMCC
Full Company Profile

Financial Performance

In 2023, IM Cannabis's revenue was 48.80 million, a decrease of -10.18% compared to the previous year's 54.34 million. Losses were -9.50 million, -94.97% less than in 2022.

Financial numbers in CAD Financial Statements

News

IM Cannabis Corp. (IMCC) Q3 2024 Earnings Call Transcript

IM Cannabis Corp. (NASDAQ:IMCC) Q3 2024 Earnings Conference Call November 14, 2024 9:00 AM ET Company Participants Anna Taranko - Director of Investor and Public Relations Oren Shuster - Chief Execut...

6 days ago - Seeking Alpha

IM Cannabis Reports Third Quarter Financial Results

IMC pairs a +12% increase in revenue with a -16% decrease in the total operating expenses, building a solid foundation to deliver in 2025. TORONTO and GLIL YAM, Israel , Nov. 14, 2024 /PRNewswire/ -- ...

6 days ago - PRNewsWire

IM Cannabis to Report Third Quarter 2024 Financial Results on Thursday, November 14th at 9:00am ET

TORONTO and GLIL YAM, Israel , Nov. 6, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in ...

14 days ago - PRNewsWire

IM Cannabis Announces up to US$1,613,000 Private Placement Offering Led by Management

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO and GLIL YAM, Israel...

6 weeks ago - PRNewsWire

IMC Germany Announces Outstanding Preliminary Q3, 2024 Performance with 50% Growth Over Q2

TORONTO and GLIL YAM, Israel , Oct. 2, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in ...

7 weeks ago - PRNewsWire

IM Cannabis Announces Appointment of Shmulik Arbel to Board of Directors

TORONTO and GLIL YAM, Israel , Sept. 11, 2024 /PRNewswire/ --  IM Cannabis Corp. ("IMC" or the "Company") (NASDAQ: IMCC) (CSE: IMCC), a leading medical cannabis company with operations in Israel and G...

2 months ago - PRNewsWire

IM Cannabis Corp. (IMCC) Q2 2024 Earnings Call Transcript

IM Cannabis Corp. (NASDAQ:IMCC) Q2 2024 Earnings Conference Call August 14, 2024 9:00 AM ET Company Participants Anna Taranko - Director of Investor and Public Relations Oren Shuster - Chief Executiv...

3 months ago - Seeking Alpha

IM Cannabis Reports Second Quarter Financial Results

IMC Germany delivers +200% in sales in first three months after German legalization, while overall revenue grows 12% vs Q2 2023 TORONTO and GLIL YAM, Israel, Aug. 14, 2024 /PRNewswire/ -- IM Cannabis ...

3 months ago - PRNewsWire

IM Cannabis to Report Second Quarter 2024 Financial Results on Wednesday, August 14th at 9:00am ET

TORONTO and GLIL YAM, Israel , Aug. 6, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in ...

3 months ago - PRNewsWire

IM Cannabis Receives NASDAQ Notification of Regaining Compliance with Nasdaq's Minimum Bid Price Requirement

TORONTO and GLIL YAM, Israel , July 29, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in...

4 months ago - PRNewsWire

IM Cannabis Shares Surge 586% After 6:1 Consolidation: What Investors Need To Know

IM Cannabis Corp. IMCC, a leading medical marijuana company announced that its common shares are trading on a 6:1 post-consolidated basis.

4 months ago - Benzinga

IM Cannabis Shares Commence Trading on 6:1 Consolidated Basis

TORONTO and GLIL YAM, Israel , July 12, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IM Cannabis"), a leading medical cannabis company with operations in Israel...

4 months ago - PRNewsWire

CSE Bulletin: Consolidation - IM Cannabis Corp. (IMCC)

Toronto, Ontario--(Newsfile Corp. - Le 9 juillet/July 2024) - IM Cannabis Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated comm...

4 months ago - Newsfile Corp

IM Cannabis Announces Intention to Complete Consolidation

TORONTO and GLIL YAM, Israel, July 5, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IM Cannabis", or "IMC"), a leading medical cannabis company with operations in ...

4 months ago - PRNewsWire

IMCC Addresses Accelerated Growth in Germany Through new Supply Agreement with EU-GMP Certified Glasshouse Botanics and Announces a Change to its Board of Directors

IMC Germany's accelerated growth potential leans strongly on its supply strategy through its ability to partner with cannabis growers for EU-GMP certification, bolstering the company's supply chain wi...

6 months ago - PRNewsWire

IM Cannabis Closes Convertible Debenture Offering to Support Accelerated Growth in Germany

Through continuous, active cost management, IMC reduced its annual G&A costs by 49% in 2023 and is now looking to significantly reduce its financial costs. TORONTO and GLIL YAM, Israel , May 29, 2024 ...

6 months ago - PRNewsWire

IM Cannabis Corp. (IMCC) Q1 2024 Earnings Call Transcript

IM Cannabis Corp. [IMCC] Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Oren Shuster - CEP Uri Birenberg - CFO Anna Taranko - IR Conference Call Participants Scott fortun...

6 months ago - Seeking Alpha

IM Cannabis Reports First Quarter Financial Results

IMC prepares for accelerated growth after legalization in Germany and recovers from the impact of the Israel-Hamas war. TORONTO and GLIL YAM, Israel , May 8, 2024 /PRNewswire/ -- IM Cannabis Corp. (th...

7 months ago - PRNewsWire

IM Cannabis to Report First Quarter 2024 Financial Results on Wednesday, May 8th at 9:00am ET

TORONTO and GLIL YAM, Israel , May 1, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in I...

7 months ago - PRNewsWire

IMC to transfer its Oranim Pharmacy shares back to the seller

TORONTO and GLIL YAM, Israel , April 16, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Ge...

7 months ago - PRNewsWire

2024's Breakout Cannabis Stocks: Who Made the Triple-Digit Leap

In the ever-evolving landscape of the US cannabis industry, marijuana stocks have been lighting up the market, with some experiencing triple-digit gains in the last month. Investors are keenly watchin...

8 months ago - MarijuanaStocks

IM Cannabis and Flora Growth Partner to Bring Vessel Cannabis Accessories to the Israeli Market

TORONTO and GLIL YAM, Israel , April 9, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in...

8 months ago - PRNewsWire

Avant and IMC Execute BLK MKT™ Trademark Licensing Agreement for the German Medical Cannabis Market

TORONTO, GLIL YAM, Israel and KELOWNA, BC., April 4, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with ...

8 months ago - PRNewsWire

Avant Brands Bolsters International Growth in German Cannabis Market Through Partnership with IMC

KELOWNA, BC, TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / April 4, 2024 / Avant Brands Inc. (TSX:AVNT)(OTCQX:AVTBF)(FRA:1BU0) ("Avant" or the "Company"), a leading producer of innovative and award-...

8 months ago - Accesswire

3 Marijuana Stocks To Watch Today In April

Marijuana stock investors are keeping their focus on the future. But why some may ask? With the cannabis sector being so volatile several things will need to take place for better trading. All of this...

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8 months ago - MarijuanaStocks