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IM Cannabis Corp. completed a US$225,000 convertible note financing led by an institutional investor for general corporate purposes.

PUBLIC · IMCCJul 01, 2026

Amount Raised

$225,000

Round Type

Pre-Seed

HerzliyaOtherManufacturingBiotechnologyFood and BeverageCommunity And LifestyleHealth CareMedicalCannabis

Investors

Institutional Investor

Description

IM Cannabis Corp. announced the closing of a US$225,000 convertible note financing in a private placement. The funds will be used for general corporate purposes. The note includes an interest rate of 8% per annum

Company Information

Company

IM Cannabis Corp

Location

Herzliya, Tel Aviv, Israel

About

IM Cannabis Corp. (IMC) is a leading medical cannabis company with operations in Israel and Germany. The company provides premium cannabis products to medical patients in Israel and Germany, leveraging a transnational ecosystem powered by a unique data-driven approach and a globally sourced product supply chain. IMC has recently exited operations in Canada to focus on achieving sustainable and profitable growth in its highest value markets, Israel and Germany.

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