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IM Cannabis to Report First Quarter 2023 Financial Results on Monday, May 15 at 9:00am ET

Key Takeaway: IM Cannabis Corp. plans to report its financial results for the first quarter of 2023 on May 15, 2023, before the market opens. A zoom web conference will follow at 9:00 a.m. ET to discuss these results and engage with investors through a Q&A session. The company is pivoting its focus towards sustainable growth in Israel and Germany after exiting operations in Canada. IMC emphasizes compliance and a data-driven approach as part of its operational strategy.

Market Sentiment Analysis

POSITIVE FACTORS

  • IM Cannabis is focusing on high-value markets in Israel and Germany.
  • The company will report its financial results, highlighting transparency to investors.
  • Hosting a zoom conference indicates engagement with the investment community.
  • The structured approach towards operational growth emphasizes their commitment.

Full Press Release Details

TORONTO and GLIL YAM, Israel, May 8, 2023 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company", "IMCannabis", or "IMC"), a leading medical cannabis company with operations in Israel and Germany, will report operational and financial results for the first quarter ended March 31, 2023, on Monday, May 15, 2023 before the market opens.
The Company will host a zoom web conference on the same day at 9:00a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to register by clicking here. All relevant information will be sent upon registration.
If you are unable to join us live, a recording of the call will be available on our website at https://investors.imcannabis.com/ within 24 hours after the call.
About IM Cannabis Corp.
IMC (Nasdaq: IMCC) (CSE: 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 recently exited operations in Canada to pivot its focus and 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 commercial relationship with Focus Medical Herbs Ltd., 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. Until recently, the Company also actively operated in Canada through Trichome Financial Corp and its wholly owned subsidiaries, where it cultivated, processed, packaged, and sold premium and ultra-premium cannabis at its own facilities under the WAGNERS and Highland Grow brands for the adult-use market in Canada. The Company has exited operations in Canada and considers these operations discontinued.
E: [email protected]
SOURCE IM Cannabis Corp.

21 %

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Frequently Asked Questions

When will IM Cannabis report its Q1 2023 results?

IM Cannabis will report its Q1 2023 results on May 15, 2023, before market opens.

How can investors join the IM Cannabis Q1 results web conference?

Investors can register for the web conference by clicking the provided link.

Where can I find the recording of the IM Cannabis call?

A recording of the call will be available on IM Cannabis' website within 24 hours.

What markets does IM Cannabis operate in?

IM Cannabis operates primarily in Israel and Germany, focusing on medical cannabis.

What recent change has IM Cannabis made to its operations?

IM Cannabis has exited its Canadian operations to focus on growth in Israel and Germany.

Last updated: May 8, 2023