Profile
Sector:
HealthcareCountry:
IsraelIPO:
20 May 2020Website:
http://imcannabis.comNext earnings report:
28 March 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Thu, 21 Nov 2024 00:33:21 GMTDividend
Analysts recommendations
Institutional Ownership
IMCC Latest News
IM Cannabis Corp. (IMCC) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of a loss of $0.84. This compares to loss of $1.14 per share a year ago.
Toronto, Ontario--(Newsfile Corp. - Le 9 juillet/July 2024) - IM Cannabis Corp. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every six (6) pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 2,232,357 common shares.
IMC Germany's accelerated growth potential leans strongly on its supply strategy through its ability to partner with cannabis growers for EU-GMP certification, bolstering the company's supply chain with exclusive product TORONTO and GLIL YAM, Israel , June 5, 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, is experiencing accelerated growth in Germany after the April 1 st partial legalization, further to the Company's press release dated March 25, 2024. Adjupharm GmbH's, IMC's German subsidiary ("Adjupharm" or "IMC Germany"), is supporting its growth by further bolstering its supply chain with an additional EU-GMP supplier, GlassHouse Botanics Inc. ("GlassHouse Botanics"), headquartered in Whitewater, Ontario.
IM Cannabis stock is surging on Wednesday after reports surfaced that President Joe Biden's Administration intends to reclassify marijuana from Schedule I to Schedule III.
Marijuana stock investors are keeping their focus on the future. But why some may ask? With the cannabis sector being so volatile several things will need to take place for better trading. All of this will need to happen in the near to far future for stronger confidence regarding cannabis investing. This year we have seen a continuation of growth in the form of revenue and an increase in demand for more cannabis products.
IM Cannabis Corp. (IMCC) Q4 2023 Earnings Call Transcript
The cannabis industry over the last several years has seen tremendous growth. Many companies through ups and downs are seeing stronger sales. Recently companies have been reporting their earnings and the profits are high for most. This success has helped drive some much-needed moments into the stock market for certain marijuana stocks. Often when the news is impactful enough it can help how some cannabis stocks perform.
Even with the amount of progress the cannabis industry has seen investing in legal cannabis comes with big risks. As many know cannabis is now legal in more than 30 states in the US. This emerging industry has consistently generated over a billion in revenue. Not to mention it has employed many people who are looking for work. There seem to be more positives than negatives regarding legal cannabis so why is investing so risky?
IM Cannabis Corp. (NASDAQ:IMCC ) Q3 2023 Results Conference Call November 13, 2023 9:00 AM ET Company Participants Anna Taranko - Director of Investor and Public Relations Oren Shuster - Chief Executive Officer Itay Vago - Chief Financial Officer Conference Call Participants Scott Fortune - ROTH MKM Aaron Grey - Alliance Global Operator Good morning. And welcome to IM Cannabis' Third Quarter 2023 Earnings Conference Call.
Marijuana stock investors are keeping watch for the next investment opportunity. For some time there has been a rise in market volatility in the cannabis sector. This has been both positive and negative for shareholders and investors. The upside to volatility is that when there is a pullback it gives people a chance to find top marijuana stocks to buy. But it's the price point and how low shares typically cost. Now the upside is having a volatile rise in trading and this is when people would take profits.
What type of business is IM Cannabis?
IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers medical cannabis dried flowers; and full-spectrum, strain-specific cannabis extracts under the IMC, BLKMT, WAGNERS, and LOT420 brands. The company serves medical patients. IM Cannabis Corp. was founded in 2008 and is headquartered in Tel Aviv, Israel.
What sector is IM Cannabis in?
IM Cannabis is in the Healthcare sector
What industry is IM Cannabis in?
IM Cannabis is in the Drug Manufacturers - Specialty & Generic industry
What country is IM Cannabis from?
IM Cannabis is headquartered in Israel
When did IM Cannabis go public?
IM Cannabis initial public offering (IPO) was on 20 May 2020
What is IM Cannabis website?
https://imcannabis.com
Is IM Cannabis in the S&P 500?
No, IM Cannabis is not included in the S&P 500 index
Is IM Cannabis in the NASDAQ 100?
No, IM Cannabis is not included in the NASDAQ 100 index
Is IM Cannabis in the Dow Jones?
No, IM Cannabis is not included in the Dow Jones index
When was IM Cannabis the previous earnings report?
No data
When does IM Cannabis earnings report?
The next expected earnings date for IM Cannabis is 28 March 2025