IM Cannabis Corp. closes a US$1,200,000 convertible note financing with an existing institutional investor. This financing will enhance its capital structure and support operations.
PUBLIC · IMCCNov 04, 2026
Amount Raised
$1.2 Million
Round Type
Convertible Note
HerzliyaOtherManufacturingBiotechnologyFood and BeverageCommunity And LifestyleHealth CareMedicalCannabis
Description
IM Cannabis Corp. has successfully raised US$1,200,000 through a convertible note financing. The financing was completed with an existing institutional investor. The funds will be used for operational purposes and further development
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Company Information
Company
IM Cannabis Corp
Location
Herzliya, Tel Aviv, Israel
About
IM Cannabis Corp. (IMC) is a leading medical cannabis company with operations in Israel and Germany. The company provides premium cannabis products to medical patients in Israel and Germany, leveraging a transnational ecosystem powered by a unique data-driven approach and a globally sourced product supply chain. IMC has recently exited operations in Canada to focus on achieving sustainable and profitable growth in its highest value markets, Israel and Germany.
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HerzliyaOtherManufacturingBiotechnologyFood and BeverageCommunity And LifestyleHealth CareMedicalCannabis