• IM Cannabis Corp. (IMCC) has announced a non-brokered private placement for gross proceeds of up to US$5,000,000
  • The company will issue up to 10,000,000 common shares for US$0.50 per share
  • The offering is expected to close on or about August 22, 2022
  • IM Cannabis is an international cannabis company providing products to medical patients and adult-use recreational consumers
  • IM Cannabis Corp. opened trading at C$0.63

IM Cannabis Corp. (IMCC) has announced a non-brokered private placement for gross proceeds of up to US$5,000,000.

The company will issue up to 10,000,000 common shares for US$0.50 per share.

All securities issued will be subject to a statutory four-month hold period.

Net proceeds will be used for general working capital purposes.

The offering is expected to close on or about August 22, 2022.

IM Cannabis is an international cannabis company providing products to medical patients and adult-use recreational consumers. IM Cannabis has operations in Israel, Germany, and Canada.

IM Cannabis Corp. opened trading at C$0.63. 

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