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News 2026-07-01 20:04 UTC

IM Cannabis Closes $225,000 Convertible Note Financing In Private Placement

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$225,000 convertible note financing in a private placement with an institutional investor (the " Lender "). Pursuant to a note purchase agreement between t