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IM Cannabis Corp. completed a US$225,000 convertible note financing led by an institutional investor for general corporate purposes.

PUBLIC · IMCCJul 01, 2026•about 2 months ago

Amount Raised

$225,000

Round Type

Pre-Seed

HerzliyaOtherManufacturingBiotechnologyFood and BeverageCommunity And LifestyleHealth CareMedicalCannabis

Investors

Institutional Investor

Description

IM Cannabis Corp. announced the closing of a US$225,000 convertible note financing in a private placement. The funds will be used for general corporate purposes. The note includes an interest rate of 8% per annum

Company Information

Company

IM Cannabis

Location

Herzliya, Tel Aviv, Israel

About

IM Cannabis (NASDAQ: IMCC, CSE: IMCC) is a leading international cannabis company providing premium products to medical patients and adult-use recreational consumers. IM Cannabis is one of the very few companies with operations in Israel, Germany, and Canada, the three largest federally legal markets. The ecosystem created through its international operations leverages the Company's unique data-driven perspective and product supply chain globally. With its commitment to responsible growth and financial prudence, and the ability to operate within the strictest regulatory environments, the Company has quickly become one of the leading cultivators and distributors of high-quality cannabis globally.

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