ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
IM Cannabis Corporation

IM Cannabis Corporation (IMCC)

2.30
-0.22
(-8.73%)
Closed July 17 4:00PM
2.42
0.12
(5.22%)
After Hours: 5:41PM

Real-time discussions and trading ideas: Trade with confidence with our powerful platform.

IMCC Discussion

View Posts
glenn1919 glenn1919 2 months ago
IMCC............................................https://stockcharts.com/h-sc/ui?s=IMCC&p=W&b=5&g=0&id=p86431144783
👍️0
INV4 INV4 3 months ago
Good morning Elcappy1
Looking good. We're getting (going) higher LOL 🤪 IMHO

$IMCC
👍️0
Elcappy1 Elcappy1 3 months ago
We smoking over here! $IMCC
👍️ 1 💯 1
glenn1919 glenn1919 3 months ago
IMCC..................................https://stockcharts.com/h-sc/ui?s=IMCC&p=W&b=5&g=0&id=p86431144783
👍️0
glenn1919 glenn1919 4 months ago
IMCC.............................https://stockcharts.com/h-sc/ui?s=IMCC&p=W&b=5&g=0&id=p86431144783
👍️0
TheFinalCD TheFinalCD 4 months ago
$IMCC $YCBD $IMCC $CGC $ACB
🪴 pic.twitter.com/EdiZSO6OkA— THE FINAL COUNTDOWN (@READY_2_PROFIT) March 22, 2024
👍️0
glenn1919 glenn1919 5 months ago
IMCC.................................https://stockcharts.com/h-sc/ui?s=IMCC&p=W&b=5&g=0&id=p86431144783
👍️0
glenn1919 glenn1919 6 months ago
IMCC......................https://stockcharts.com/h-sc/ui?s=IMCC&p=W&b=5&g=0&id=p86431144783
👍️0
Monksdream Monksdream 6 months ago
IMCC new 52 week low
👍️0
Monksdream Monksdream 9 months ago
IMCC new 52 week low
👍️0
Monksdream Monksdream 9 months ago
IMCC new 52 week low
👍️0
Monksdream Monksdream 10 months ago
IMCC new 52 week low
👍️0
Monksdream Monksdream 10 months ago
IMCC new 52 week low
👍️0
glens0 glens0 1 year ago
IMCC Gap at 3.00 lets see if it closes
👍️0
glens0 glens0 1 year ago
IMCC up A/H's 1.63
👍️0
duderaja duderaja 2 years ago
Looks like a 10/1 RS to me?
👍️0
hdhick hdhick 3 years ago
Finally up and running...and I do mean running...
👍️0
Renee Renee 3 years ago
IMCNF moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions
👍️0
hdhick hdhick 3 years ago
CSE: IMCC) (OTCMKTS: IMCNF) has concluded its listing process and is expected to start trading on the NASDAQ on March 1, 2021.
👍️0
Renee Renee 3 years ago
You'll be able to sell once the Transfer Agent has sent the dividended shares to your Broker.
👍️0
BioNyCMan BioNyCMan 3 years ago
Can you tell me what this means for someone who has shares? I was trying to sell and it wont allow me to. I am currently on hold with Etrade...thanks in advance.
👍️0
Renee Renee 3 years ago
IMCNF: effective Feb. 16,2021 a one for 4 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
👍️0
hdhick hdhick 4 years ago
Just keeps moving up...should hit 2.25 today.
👍️0
wwg1wga wwg1wga 4 years ago
IMC Applies to List its Common Shares on the NASDAQ Capital Market
huge news
plus Marc Lustig is Chairman.
He founded CannaRoyalty which became Origin House and is now Cresco.
One to watch big time!
https://finance.yahoo.com/news/imc-applies-list-common-shares-203000427.html?guccounter=1
👍️0
hdhick hdhick 4 years ago
AgraFlora’s Subsidiary Farmako Obtains Additional EU-GMP Cannabis for Distribution in Germany
September 17 2020 - 08:00AM
GlobeNewswire Inc.
Alert
Print
Share On Facebook

AgraFlora Organics International Inc. (“AgraFlora” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF) is pleased to announce that on September 9, 2020, its wholly owned subsidiary Farmako GmbH (“Farmako”) has entered into a binding distribution agreement (the “Distribution Agreement”) with Adjupharm GmbH (“Adjupharm”), the German subsidiary of IM Cannabis Corp. (“IMC”) (CSE:IMCC).
Under the Distribution Agreement, Adjupharm will supply EU-GMP medical cannabis flower to Farmako for distribution to medical cannabis patients in Germany over a 3 year term. Farmako will distribute the products in Germany under the IMC brand to its established network of German pharmacies. The Distribution Agreement is expected to launch with first products in October 2020.

The products provided by Adjupharm and distributed by Farmako include initially high potency THC flower. The portfolio is expected to be enhanced throughout Q1 2021 by balanced THC and CBD flower as well as CBD dominant flower.

Farmako CEO Katrin Eckmans stated: “We believe that Adjupharm’s IMC branded cannabis is a great fit for our product portfolio. Our goal is to provide a comprehensive and sustainable portfolio of high quality medical cannabis products, including both flower and ‘2.0’ ingestible products to patients in Germany. We believe Farmako’s established pharmacy network combined with IMC’s quality and manufacturing excellence will be a disruptive force in Germany’s rapidly evolving medical cannabis market.”

In addition to the IMC branded cannabis produced and procured by this Distribution Agreement, Farmako intends to launch additional in-house and third party branded medical cannabis products over the balance of 2020.

About AgraFlora Organics International Inc.
AgraFlora Organics International Inc. is a leading cannabis company building shareholder value through the development of revenue generating operating assets in the global cannabis industry. AgraFlora is focused primarily on the Canadian cannabis industry; the world’s most advanced and regulated legal cannabis market. Flagship Canadian assets include: Edibles & Infusions, a fully automated manufacturing facility in Winnipeg, MB for white-label and consumer branded edible production; Propagation Services Canada, a large-scale commercial greenhouse in Delta, BC focused on reshaping the Canadian flower market with high-potency, low cost cannabis flower, and AAA Heidelberg, a craft focused cannabis producer in London, ON. In addition, AgraFlora’s wholly owned subsidiary Farmako GmbH is scaling towards its goal of being Europe’s leading distributor of medical cannabis. Farmako currently has active distribution operations in Germany and expects to commence active operations in the United Kingdom in 2020. For more information please visit: https://agraflora.com/.

About Farmako GmbH
Farmako GmbH is a pharmaceutical wholesaler based in Frankfurt, Germany. The company focuses on the distribution of medical cannabis to pharmacies with the aim of securing the supply for cannabis patients and closing the gap between supply and demand for medical cannabis. Farmako is planning to expand its business model into other European countries with a corresponding legal basis, scaling towards its goal of being Europe’s leading distributor of medicinal cannabis. The company already distributes medical cannabis to pharmacies in Germany since March 2019 and is fully licenses in the UK to start distribution operations there in 2020. Farmako is a 100% subsidiary of AgraFlora Organics International Inc. For more information please visit: https://www.farmako-global.com/.

About IM Cannabis Corp.
IMC (CSE: IMCC) is a multi-country operator (MCO) in the medical cannabis sector headquartered in Israel and with operations across Europe. Over the past decade, IMC has built its brand as a provider of premium medical cannabis products in the Israeli market. The Company has also expanded its business to offer intellectual property related services to the medical cannabis industry based on proprietary processes and technologies it developed for the production of medical cannabis.

In Europe, IMC operate through a German-based subsidiary and EU-GMP certified medical cannabis distributor – Adjupharm GmbH. IMC’s European presence is also augmented by strategic alliances with various pan-European EU-GMP cultivators and distributors with the objective of capitalizing on the increased demand for medical cannabis products and bringing the IMC brand and its product portfolio to European patients.

ON BEHALF OF THE BOARD OF DIRECTORS
Nicholas Konkin
E: ir@agraflora.com
T: (800) 783-6056

For French inquiries:
Maricom Inc.
Remy Scalabrini
E: rs@maricom.ca
T: (888) 585-MARI

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

Forward-looking Information Cautionary Statement
Except for statements of historic fact this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan” “expect” “project” “intend” “believe” “anticipate” “estimate” and other similar words or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including but not limited to delays or uncertainties with regulatory approvals including that of the CSE. There are uncertainties inherent in forward-looking information including factors beyond the Company’s control. There are no assurances that the business plans for AgraFlora Organics described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators which are available at www.sedar.com.
👍️0
hdhick hdhick 4 years ago
IM Cannabis Corp. (CSE: IMCC) (OTCMKTS: IMCNF) are now entering Europe with licenses in place, products ready and contracts in hand.
👍️0
hdhick hdhick 4 years ago
07/24/2020
Ted Ohashi:
IM Cannabis Corp. (CSE: IMCC) (OTCMKTS: IMCNF) announced three additional distribution agreements in Germany with axicorp Group (1 yr), canymed GmbH (3 yr) and Meteria Geutschland GmbH (3 yr).

These agreements include definitive purchase commitments. All products to be sold under the IMC brand.

It was disclosed that purchase commitments under all German sales agreements total 823 kg 2020 and 1,525 kg in the next twelve months.

IMCC has shown explosive growth in the past four months. I expect this trend to continue although the rate of new agreements signed might slow a bit. In the meantime, IMCC’s share performance has also been spectacular but still remains below a fair market value.

I still see above average returns based on purchases
at current prices. But if the shares continue to perform as they have been doing, you will miss an excellent opportunity for profit unless you act now
👍️0
hdhick hdhick 4 years ago
1.67 on the Canadian exchange

1.27 on the U.S. side

Close of business Thursday.
👍️0
hdhick hdhick 4 years ago
Stock keeps going up, up and up. Not much interest on the U.S. side...but the Canadian side sure loves it.
👍️0
hdhick hdhick 4 years ago
New high...up almost 4% today.
👍️0
hdhick hdhick 4 years ago
Should pop Monday assuming the Canadian side stays positive. As people become aware of this little goldmine, it’s fortunes should only grow.
👍️0
hdhick hdhick 4 years ago
It hit a high of 1.47 Can on Friday. It just keeps chugging along...higher and higher.
👍️0
hdhick hdhick 4 years ago
It has now hit new highs for 4 days in a row on the Canadian side. The U.S. side needs to catch up. There Is just not enough awareness here in the U.S. regarding this stock. The U.S. volume today was 30 shares traded versus 164,594 on the Canadian side. On the next U.S. trade it will jump up to where it should be...
👍️0
hdhick hdhick 4 years ago
Up almost 15% today. It seems to be getting some legs now.
👍️0
hdhick hdhick 4 years ago
It closed today at a 1.32ca on the Canadian market...and at $.96 on the U.S. market. It still has a good amount of run left I believe.
👍️0
hdhick hdhick 4 years ago
Another run today...up almost 21%...time to add some more.
👍️0
hdhick hdhick 4 years ago
From everyone's good friend, Ted Ohashi:

IM Cannabis Corp. (CSE: IMCC) announced a record harvest by Focus Medical and provided an update on Israeli operations. All amounts are in Canadian dollars unless otherwise specified.

Focus Medical (FM) recently completed a semi-annual record harvest of over 3,000 kg of medical cannabis at its cultivation facility at Sde Avraham, Israel or an annualized production rate of 6,000 kg.

If you include production from its third-party supply agreements, FM estimates supply capacity of 8,000 kg in 2020 and 11,000 kg in 2021. This is medical cannabis to be sold under the IMC brand.

Focus Medical’s first two months of shipments of IMC-branded medical cannabis products to SuperPharm and Panaxia totalled over 250 kg

Approximately 450 kg of medical cannabis is expected for shipment in Q2 2020 under sales agreements with Super-pharm and Panaxia and 2,550 kg of medical cannabis is expected for shipment in the latter half of 2020 under previously announced pharmacy sales.

If we refer to the table above (sorry, was not able to cut and paste the table) that I have published previously, we can use the value per kg to get an approximate idea of the gross value IMCC is talking about. These do not represent sales forecasts. I am simply trying to indicate the value of the sales we are talking about.

I will use an average value per kg of $5,500.

The 3,000 kg record harvest represents an end value of approximately $16.5 million. The annualized rate is double that or $33.0 million.

The total supply capacity of 8,000 kg for 2020 represents $44.0 million and the 11,000 kg for 2021
represents $60.5 million.

The 250 kg for two months sales represents about $1.375 million

The 450 kg for Q2 is approximately $2.475 million

The 2,550 kg for the latter half of 2020 is worth around $14.0 million.

Total 2020 deliveries to Israeli pharmacies is expected to be approximately 3,000 kg with a value of
$16.5 kg at $5,500 per kg.

The total sales estimate from all binding sales agreements in Israel to date is 33,075 kg of medical cannabis with a value of $193.5 million between Q2 of 2020 and the end of 2023 or approximately $5,850 per kg.

Supply of medical cannabis to fulfill these pharmacy sales agreements is now fully contracted. Focus Medical has signed and announced supply agreements with Cannomed Medical Cannabis Industries Ltd. (TASE:CNMD), Intelicanna Ltd. (TASE:INTL), Way of Life and Cannation to supplement its own production and international supply from its EU-GMP certified partner in Spain.

Conclusion: although these are not forecasts, they represent an indication of what we can reasonably expect from a sales perspective. So for the balance of 2020 revenue from Israeli sales agreements should be in the order of $16.5 million. I don’t expect anything special from the first quarter report that was just delayed until around mid-June. But after that we should see a healthy acceleration in sales. We should not forget, management anticipates a 50% gross margin on Israeli sales and a 40% gross margin on the German contracts.

For the next three years from the existing Israeli contracts, sales are forecast at $193.5 million with a 50% gross margin. These numbers do not include any allowance for sales from the German agreements announced or any new sales/distribution agreements moving forward. I think we have every reason to expect a significant level of additional sales in that time period.

As the 5-day chart shows, IMCC’s share price advanced as the
week progressed. As I suggested, this is likely related at least in part to the fact that the $0.50 warrants were expiring and selling pressure declined as the week progressed.

From this point on, it should be wind at our backs until the stock gets to the $1.00 to $1.05 level. The $1.00 level is often one of those investor psychological resistance points but I have to warn that given the strong news flow we have seen, it might just blow through that mark. But we will like see some selling come in at around $1.05 which is the price of the last financing done while IMCC was private. There are always some investors who can’t resist the chance to break even.

If for some reason you’ve been holding off or moving in slowly, I think this is an excellent time to be adding to your IMCC holdings. There should be an easy 25% ahead (if there is such a thing!)

For the full article, please visit: https://4495825a-d729-4d8f-ade8-e78f828e1c8d.usrfiles.com/ugd/449582_1bf3971416204494ae5d38f55a9bb362.pdf
👍️0
hdhick hdhick 4 years ago
Up over 9% today,,.the short term looks very good.
👍️0
hdhick hdhick 4 years ago
The board is now up and running.
👍️0
hdhick hdhick 4 years ago
The board is now up and running.
👍️0

Your Recent History

Delayed Upgrade Clock