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IM Cannabis Corp. has filed a registration statement to facilitate the potential sale of 2.8 million common shares by existing security holders.
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IM Cannabis Corp. closed a US$1.2 million convertible note financing with an existing institutional investor, featuring a 15% original issuance discount and warrants for 3,936,330 shares.
Whole Lotta Dank, a Canadian cannabis brand development platform, officially launched Dank Pack, its first cannabis brand, with the debut product Blueberry BBL available across Alberta. The company is expanding its portfolio with 20+ SKUs under regulatory review and actively seeking long-term partnerships with Canadian cannabis producers, cultivators, and manufacturers. The launch is backed by eight retail locations and over 125,000 completed deliveries.
Prior to closing, IMC Holdings completed a pre-closing reorganization pursuant to which the Company's Israeli operations were transferred out of IMC Holdings and retained by the Company. Following completion of the