Bull
$3.63
Scenario price
$0.878
-0.045 (-5.08%)At close
IM Cannabis Corp. is an international cannabis company that provides cannabis products to medical patients in Israel and Germany. The Company's ecosystem operates in Israel through its subsidiaries, which import and distribute 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 its products throughout the entire value chain. In Germany, the Company’s ecosystem operates through Adjupharm GmbH, where it distributes cannabis to pharmacies for medical cannabis patients. The Company's brands include The Craft Collection, The Top-Shelf Collection, The Signature Collection, The Full Spectrum Extracts, Roma, The WAGNERS, BLKMKT, LOT420, The PICO collection, and Flower.
IM Cannabis Corp is not a good buy right now due to significant financial losses and declining stock performance. The current price is $0.88, with a staggering year-to-date change of -98.04%. Additionally, the RSI is at 15.892, indicating the stock is heavily oversold, which may suggest further downside risk.
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.

IM Cannabis Completes Share Transaction Expected to Boost Shareholders' Equity by C$3 Million

IM Cannabis Completes Share Transaction, Expected C$3 Million Increase in Shareholders' Equity

IM Cannabis Corp. Regains Nasdaq Compliance

IM Cannabis Corp. Prices Direct Offering Raising $1.31 Million

IM Cannabis Corp. Completes Sale of 655,000 Shares in Direct Offering
IM Cannabis Corp. is an international cannabis company that provides cannabis products to medical patients in Israel and Germany. The Company's ecosystem operates in Israel through its subsidiaries, which import and distribute 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 its products throughout the entire value chain. In Germany, the Company’s ecosystem operates through Adjupharm GmbH, where it distributes cannabis to pharmacies for medical cannabis patients. The Company's brands include The Craft Collection, The Top-Shelf Collection, The Signature Collection, The Full Spectrum Extracts, Roma, The WAGNERS, BLKMKT, LOT420, The PICO collection, and Flower. It operates in the Consumer Non-Cyclicals sector (MEDICINAL CHEMICALS AND BOTANICAL PRODUCTS industry).
IM Cannabis Corp is not a good buy right now due to significant financial losses and declining stock performance. The current price is $0.88, with a staggering year-to-date change of -98.04%. Additionally, the RSI is at 15.892, indicating the stock is heavily oversold, which may suggest further downside risk.
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