IM Cannabis Corp. (IMCC)

NCM – Real Time Price. Currency in USD

0.13

-0.00 (-2.95%)

Market open: Aug 12, 2026, 12:18 PM EDT

0.13

-0.00 (-1.06%)

Previous after-hours: Aug 11, 2026, 7:39 PM EDT

07.08.2026

IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

TORONTO and GLIL YAM, Israel, Aug. 7, 2026 /PRNewswire/ -- IM Cannabis Corp. ("IMC" or the "Company") (Nasdaq: IMCC), a medical cannabis company with operations in Israel and Germany, today announced the closing of a US$250,000 convertible note financing in a private placement with an institutional investor (the "Lender"). Pursuant to a note purchase agreement between the Company and Lender dated August 6, 2026 (the "August Note Purchase Agreement"), the Company issued the Lender a note in the principal amount of US$250,000, with an original issuance discount of 10% (the "August Note").

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07.08.2026

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IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

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IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

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IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

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IM Cannabis Corp. (IMCC)

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IM Cannabis Corp. (IMCC)

IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

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IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing

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Press releases

IM Cannabis Raises US$250,000 of Gross Proceeds in Convertible Note Financing