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IM Cannabis Appoints Asi Levi as Chief Financial Officer

Key Takeaway: IM Cannabis Corp. has appointed Asi Levi as its new Chief Financial Officer, effective immediately, replacing Uri Birenberg. Levi comes with over 15 years of financial expertise, having held CFO positions at various companies and overseen significant financial operations. This leadership change is part of IMC's strategy to strengthen its financial management as it continues to focus on growth in medical cannabis markets in Israel and Germany.
Price reaction · baseline $1.67 (2025-12-11 close) · hit after-hours · clean, no other IMCC news in the window
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Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of Asi Levi is seen as a strong strategic move.
  • Levi brings over 15 years of relevant financial experience.
  • Company aims for sustainable growth in key markets.

Full Press Release Details

TORONTO and GLIL YAM, Israel, Dec. 12, 2025 /PRNewswire/ -- IM Cannabis Corp. ("IMC" or the "Company") (Nasdaq: IMCC), a leading medical cannabis company with operations in Israel and Germany, today announced, further to its press release dated October 29, 2025, the appointment of Asi Levi, CPA, as the Company's Chief Financial Officer ("CFO"), effective immediately, to replace Uri Birenberg.
Mr. Levi has over 15 years of experience in finance and controlling roles, including serving as Chief Financial Officer of Water Ways Technologies Inc. and DekelOil CI, part of Dekel Agri-Vision Plc and as Controller of SciSparc Ltd. and A2Z Cust2Mate Solutions Corp. He has overseen fundraising efforts and handled financial planning, budgeting, and cash flow management in compliance with international financial reporting standards (IFRS) and other standards.
The Company thanks Mr. Birenberg for his contributions during his tenure as CFO and wishes him success in his future endeavors.
About IM Cannabis Corp.
IMC (Nasdaq: IMCC) is an international cannabis company that provides premium cannabis products to medical patients in Israel and Germany, two of the largest medical cannabis markets. The Company has focused its resources to achieve sustainable and profitable growth in its highest value markets, Israel and Germany. The Company leverages a transnational ecosystem powered by a unique data-driven approach and a globally sourced product supply chain. With an unwavering commitment to responsible growth and compliance with the strictest regulatory environments, the Company strives to amplify its commercial and brand power to become a global high-quality cannabis player.
The IMC ecosystem operates in Israel through its subsidiaries, which imports and distributes cannabis to medical patients, leveraging years of proprietary data and patient insights. The Company also operates medical cannabis retail pharmacies, online platforms, distribution centers, and logistical hubs in Israel that enable the safe delivery and quality control of IMC products throughout the entire value chain. In Germany, the IMC ecosystem operates through Adjupharm GmbH, where it distributes cannabis to pharmacies for medical cannabis patients.
Anna Taranko, Director Investor & Public Relations

Frequently Asked Questions

What recent appointment did IM Cannabis Corp. announce?

IM Cannabis Corp. appointed Asi Levi as the new Chief Financial Officer.

Who did Asi Levi replace as CFO at IM Cannabis Corp.?

Asi Levi replaced Uri Birenberg as the CFO of IM Cannabis Corp.

What is IM Cannabis Corp.'s primary focus?

IM Cannabis Corp. focuses on providing premium cannabis products in Israel and Germany.

How long has Asi Levi worked in finance roles?

Asi Levi has over 15 years of experience in finance and controlling roles.

What is the operational model of IM Cannabis Corp.?

IM Cannabis operates through a data-driven ecosystem for medical cannabis distribution.

Last updated: Dec 12, 2025