IM Cannabis Corp. (IMCC)

NASDAQ: IMCC · IEX Real-Time Price · USD
0.580
-0.049 (-7.79%)
Apr 15, 2024, 4:00 PM EDT - Market closed
-7.79%
Market Cap 7.77M
Revenue (ttm) 54.59M
Net Income (ttm) -9.56M
Shares Out 13.39M
EPS (ttm) -0.72
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 515,792
Open 0.570
Previous Close 0.629
Day's Range 0.500 - 0.583
52-Week Range 0.189 - 1.430
Beta 1.90
Analysts n/a
Price Target n/a
Earnings Date May 13, 2024

About IMCC

IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers cannabis flowers and strain-specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, minis, and full spectrum extracts offerings under the WAGNERS and BLKMKT brands. The company serves medical patients. IM Cannabis Corp. 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, -61.89% less than in 2022.

Financial numbers in CAD Financial Statements

News

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...

6 days 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...

6 days 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-...

11 days ago - Accesswire

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 ...

11 days ago - PRNewsWire

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...

Other symbols: TLRYVFF
12 days ago - MarijuanaStocks

IMC applauds the April 1st implementation of the new Israeli cannabis regulation, facilitating access for many new patients

With the implementation of the anticipated medical cannabis regulatory reform, the Israeli ministry of health removed many of the heavy regulations in the sector, making medical cannabis more accessib...

14 days ago - PRNewsWire

IM Cannabis Reports 2023 Financial Results

TORONTO and GLIL YAM, Israel, March 28, 2024 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, announced its financial a...

18 days ago - PRNewsWire

IMC Expects Accelerated Growth in Germany from the Country's Groundbreaking Cannabis Legalization

By rescheduling medical cannabis, from a narcotic to a regular prescription, the German medical cannabis market is expected to deliver strong growth, providing IMC Germany with a unique opportunity to...

21 days ago - PRNewsWire

IM Cannabis to Report Fourth Quarter and Full Year 2023 Financial Results on Thursday, March 28 at 9:00am ET

TORONTO and GLIL YAM, Israel , March 20, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations i...

26 days ago - PRNewsWire

Close Out The Week With These Marijuana Stocks

The cannabis industry over the last several years has seen tremendous growth. Many companies through ups and downs are seeing stronger sales. Recently companies have been reporting their earnings and ...

Other symbols: LFLYMAPS
5 weeks ago - MarijuanaStocks

High Growth: Top Pot Stocks Making Moves into March 2024

As the cannabis industry continues to flourish in the United States, investors are keenly watching the market for top-performing marijuana stocks. With the industry projected to reach a staggering $30...

Other symbols: CLVR
6 weeks ago - MarijuanaStocks

IM Cannabis Receives 180 Calendar Day Extension from the Nasdaq Stock Market to Regain Compliance with Bid Price Rule

TORONTO and GLIL YAM, Israel , Jan. 31, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in...

2 months ago - PRNewsWire

IMC Reschedules the Final Payment of the Oranim Pharmacy Acquisition

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

3 months ago - PRNewsWire

IMC Announces the Conclusion of the Planning and Construction Legal Proceedings

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

3 months ago - PRNewsWire

New Israeli cannabis regulation, facilitating access for many new patients, scheduled for December 29, 2023, has been postponed by three months; Israeli Ministry of Health published a new report showing a surge in new medical cannabis patients in November 2023

TORONTO and GLIL YAM, Israel , Dec. 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germ...

4 months ago - PRNewsWire

The Best Marijuana Stocks For You To Watch Today

Even with the amount of progress the cannabis industry has seen investing in legal cannabis comes with big risks. As many know cannabis is now legal in more than 30 states in the US. This emerging ind...

Other symbols: LFLYMAPS
4 months ago - MarijuanaStocks

These Marijuana Stocks Could Make Your Monday Watchlist

This upcoming year marijuana stock investors await to see what will occur. There is a split between optimism and increased fears of what will go wrong. Many are still stuck in disbelief that there has...

Other symbols: HITI
4 months ago - MarijuanaStocks

IM Cannabis Announces Receipt of Court Action

TORONTO and GLIL YAM, Israel , Nov. 27, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Ger...

5 months ago - PRNewsWire

Marijuana Stocks To Watch That Are Impacted By Cannabis Reform

Although cannabis is still federally illegal more than half of the USA has established a legal market. Now with no federal reform in place, this has led to more concern about investing in legal cannab...

5 months ago - MarijuanaStocks

IM Cannabis Reports Third Quarter 2023 Financial Results

IMC remains singularly focused on accelerating its path to profitability through active cost management and margin improvement while maintaining sales. TORONTO, and GLIL YAM, Israel , Nov. 13, 2023 /P...

5 months ago - PRNewsWire

Budding Profits: Top Ancillary Cannabis Stocks to Watch This November

In the ever-evolving landscape of the cannabis market, ancillary marijuana stocks have emerged as hidden gems, often overshadowed by the spotlight on direct cultivators. In general, these ancillary co...

Other symbols: GNLNHITI
5 months ago - MarijuanaStocks

IM Cannabis to Report Third Quarter 2023 Financial Results on Monday, November 13 at 9:00am ET

TORONTO and GLIL YAM, Israel , Nov. 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company," "IMCannabis," or "IMC"), a leading medical cannabis company with operations in ...

5 months ago - PRNewsWire

Investing In Marijuana Stocks 2024

Marijuana stock investors are keeping watch for the next investment opportunity. For some time there has been a rise in market volatility in the cannabis sector. This has been both positive and negati...

Other symbols: TLRYVFF
5 months ago - MarijuanaStocks

Top Marijuana Stocks Under $2 for This Week's Trading

With exponential growth prospects, the cannabis sector and top marijuana stocks are booming globally. Cannabis is growing into a huge economic force as more nations legalize it for medical and recreat...

Other symbols: GNLNHITI
6 months ago - MarijuanaStocks

IM Cannabis Releases a Message from the CEO about the Israel-Hamas War and announces securing C$1,390,000 in Short-Term Debt

TORONTO and GLIL YAM, Israel , Oct. 13, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Ger...

6 months ago - PRNewsWire