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

Key Takeaway: IM Cannabis Corp. (CSE: IMCC) is scheduled to report its financial results for the first quarter of 2024 on May 8, 2024, before market opening. The company will host a Zoom web conference at 9:00 am ET to discuss these results and engage in a Q&A session with investors. IMC has recently exited the Canadian market to prioritize operations in Israel and Germany and aims for sustainable growth in these regions.

Market Sentiment Analysis

POSITIVE FACTORS

  • IM Cannabis is set to report Q1 2024 financial results, indicating active operation and transparency.
  • The company is focusing on its highest value markets, which may drive profitability.
  • A web conference for investors shows commitment to community engagement.

Full Press Release Details

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 Israel and Germany, will report operational and financial results for the first quarter 2024 ended March 31, 2024, on Wednesday, May 8, 2024, before the market opens.
The Company will host a zoom web conference on the same day at 9:00am 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 center, 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. The Company has exited operations in Canada and considers these operations discontinued.
Anna Taranko, Director Investor & Public Relations
SOURCE IM Cannabis Corp.

21 %

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Frequently Asked Questions

When will IM Cannabis announce Q1 2024 results?

IM Cannabis will report its Q1 2024 results on May 8, 2024, before market opens.

How can investors join the IM Cannabis conference call?

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

Where can I find the recording of the conference call?

The recording will be available on the IM Cannabis website within 24 hours post-call.

What markets does IM Cannabis operate in?

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

What recent operational change has IM Cannabis made?

IM Cannabis has exited operations in Canada to focus on sustainable growth in Israel and Germany.

Last updated: May 1, 2024