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IM Cannabis to Report Fourth Quarter & Full Year 2022 Financial Results on Wednesday, March 29 at 9:00am ET

Key Takeaway: IM Cannabis Corp. will report its financial results for Q4 and the full year 2022 on March 29, 2023, before market opens. A web conference call will be held at 9:00 a.m. ET for discussion and Q&A with investors. The company is transitioning away from Canada to concentrate on growth opportunities in Israel and Germany. IMC emphasizes a data-driven approach and compliance with regulatory environments as it aims to solidify its market presence.

Market Sentiment Analysis

POSITIVE FACTORS

  • IM Cannabis is focused on sustainable and profitable growth in high-value markets.
  • The company will release its financial results, providing transparency to investors.
  • IMC operates in two of the largest medical cannabis markets, Israel and Germany.

CONCERNS & RISKS

  • The company is exiting operations in Canada, which may impact near-term performance.
  • Shifting focus may entail risks related to operational changes and market adjustments.

Full Press Release Details

TORONTO and GLIL YAM, Israel, March 15, 2023 /PRNewswire/ -- IM Cannabis Corp. (the "Company" or "IMC") (NASDAQ: IMCC) (CSE: IMCC), an international medical cannabis company, today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2022 on Wednesday, March 29, 2023, before the market opens.
The Company will host a zoom web conference call on the same day at 9:00 a.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 commenced exiting 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 Trichome JWC Acquisition Corp. and MYM Nutraceuticals Inc., 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's Canadian operation continues to export premium and ultra-premium medical cannabis to Israel. The Company is exiting operations in Canada and considers these operations discontinued. For more information, please visit www.imcannabis.com.
Maya Lustig, Director Investor & Public Relations
IM Cannabis Corp. +972-54-677-8100
E: [email protected]
SOURCE IM Cannabis Corp.

21 %

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Frequently Asked Questions

When will IM Cannabis Corp. release its financial results?

IM Cannabis Corp. will announce its financial results on March 29, 2023.

What time is the IM Cannabis conference call scheduled?

The conference call is set for 9:00 a.m. ET on March 29, 2023.

Where can I find a recording of the conference call?

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

Which markets does IM Cannabis focus on?

IM Cannabis is focused on the medical cannabis markets in Israel and Germany.

What has IM Cannabis done regarding its Canadian operations?

IM Cannabis is exiting its operations in Canada to concentrate on higher-value markets.

Last updated: Mar 15, 2023