IM Cannabis Corp. (IMCC) Reports Q2 Loss of Cdn$0.30

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Go back to IM Cannabis Corp. (IMCC) Reports Q2 Loss of Cdn$0.30

IM Cannabis Reports Record Second Quarter 2022 Financial Results; Revenues Increase 114% YoY to $23.8 Million

August 15, 2022 8:00 AM EDT

Gross margin of 24%, which is expected to increase with further asset integration, product availability, and operational improvements

Approximately $6.5 million per year in expected cash cost savings from streamlining operations in Canada and closure of Israeli cultivation farm

TORONTO and GLIL YAM, Israel, Aug. 15, 2022 /PRNewswire/ -- IM Cannabis Corp. (the "Company", "IM Cannabis", or "IMC") (CSE: IMCC) (NASDAQ: IMCC), a leading... More