Recent Updates
Recently added Catalysts
INM Positive Sentiment Score: 70/100

NASDAQ: INM Suite 310-815 W. Hastings St. Vancouver, BC, Canada V6C 1B4 Tel: +1.604.669.7207 Email: info@inmedpharma.com www.inmedpharma.com InMed Announces Results of 2023 Annual General Meeting Vancouver, BC

Key Takeaway: InMed Pharmaceuticals Inc. held its annual general meeting on December 19, 2023, where shareholders approved all proposed matters. A total of 1,292,647 shares were represented, constituting about 38.84% of the total shares. The meeting featured the election of director nominees who will hold office until the next annual meeting. InMed's leadership in the cannabinoid sector and its commitment to developing innovative treatments were highlighted.

Market Sentiment Analysis

POSITIVE FACTORS

  • Shareholders approved all matters put forward at the AGM.
  • Election of director nominees received significant support.
  • Company's leadership in the rare cannabinoids field was reaffirmed.

Full Press Release Details

InMed Announces Results of 2023 Annual General
Vancouver, BC - December 19, 2023 -
InMed Pharmaceuticals Inc. ("InMed" or the "Company") (Nasdaq: INM), a leader in the pharmaceutical
research, development and manufacturing of rare cannabinoids and cannabinoid analogs, today confirmed that, at its annual general meeting
of shareholders held on December 19, 2023 (the "Meeting"), all of the matters put forward before shareholders for consideration
and approval as set out in InMed's notice of meeting and management information circular, dated October 27, 2023, were approved
by the shareholders. A total of 1,292,647 common shares of the Company, representing approximately 38.84% of the Company's 3,328,191
issued and outstanding common shares, were represented in person or by proxy at the Meeting. In particular, shareholders approved the
election of all director nominees to hold office until the next annual meeting of shareholders or until their successors are elected or
appointed. Results of the vote for the election of directors at the Meeting are set out as follows:
Votes For Withheld Votes
Director Number Percentage Number Percentage
Eric A. Adams 160,711 76.09 % 50,513 23.91 %
Janet Grove 141,882 67.17 % 69,342 32.83 %
Andrew Hull 141,398 66.94 % 69,826 33.06 %
Nicole Lemerond 145,865 69.06 % 65,359 30.94 %
Bryan Baldasare 145,659 68.96 % 65,565 31.04 %
InMed filed a report of voting results on SEDAR
at www.sedar.com on December 19, 2023.
InMed Pharmaceuticals is a global leader
in the research, development, manufacturing and commercialization of rare cannabinoids and cannabinoid analogs, including clinical and
preclinical programs targeting the treatment of diseases with high unmet medical needs. We also have significant know-how in developing
proprietary manufacturing approaches to produce cannabinoids for various market sectors. For more information, visit www.inmedpharma.com
Vice President, Investor Relations
and Corporate Communications
Cautionary Note Regarding Forward-Looking Information:
This news release contains "forward-looking
information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning
of applicable securities laws. Forward-looking information is based on management's current expectations and beliefs and is subject to
a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.
Forward-looking information in this news release includes statements about: being a global leader in the manufacturing and development
of rare cannabinoids and delivering new treatment alternatives to patients that may benefit from cannabinoid-based pharmaceutical drugs.
All forward-looking information herein is qualified
in its entirety by this cautionary statement, and InMed disclaims any obligation to revise or update any such forward-looking information
or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results,
events or developments, except as required by law.

Frequently Asked Questions

What was the date of InMed's annual general meeting?

InMed's annual general meeting was held on December 19, 2023.

How many shares were represented at the InMed meeting?

A total of 1,292,647 common shares were represented at the meeting.

Who were the directors elected at the InMed meeting?

All director nominees were approved for election until the next annual meeting.

Where can I find the voting results for InMed's meeting?

The voting results were filed on SEDAR at www.sedar.com.

What is InMed's focus in the pharmaceutical sector?

InMed focuses on developing rare cannabinoids and cannabinoid analogs.

Last updated: Dec 19, 2023