IM Cannabis gains as partner completes dried flower export

IM Cannabis

15/09/2022 16:45

** Shares of Canada-based medical cannabis company IM
Cannabis Corp  IMCC.CD  up 10.5% at C$0.63 
    ** Co's partner, liquor and cannabis retailer SNDL Inc
 SNDL.O  completes initial export of about 167 kilograms
of dried flower from Canada to Israel  urn:newsml:reuters.com:*:nCNWKtP8Qa 
    ** SNDL and IMCC have agreed to aggregate export of 1,000
kilograms of dried flower products for processing and
distribution in Israeli medical cannabis market - SNDL
    ** SNDL shares are down marginally 
    ** So far this year, IMCC shares down ~85%

 (Reporting by Ankit Kumar in Bengaluru)
 ((Ankit.Kumar2@thomsonreuters.com))