tiprankstipranks
IM Cannabis Corp. Boosts German Market Presence
Company Announcements

IM Cannabis Corp. Boosts German Market Presence

IM Cannabis Corp (TSE:IMCC) has released an update.

IM Cannabis Corp. is enhancing its growth in Germany’s burgeoning medical cannabis market by securing a new supply agreement with GlassHouse Botanics, following the partial legalization of cannabis. The company has reported significant sales increases and, with Germany’s considerable potential market size, IMC is working to ensure a reliable supply chain through strategic partnerships and EU-GMP certification processes. Additionally, IMC has announced a leadership change, with CEO Oren Shuster taking over as Chairman of the Board, succeeding Marc Lustig.

For further insights into TSE:IMCC stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles