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IMCC - cbdMD And IM Cannabis Partner To Sell CBD Products In Israeli Markets
August, 14 2021 06:41 AM
IM Cannabis Corp.
Israel is expected to pass legislation in September, legalizing CBD and decriminalizing cannabis. cbdMD has granted IM Cannabis the exclusive right to import and sell their CBD products in Israel. cbdMD reported Q3-2021 CBD revenues of $10.6M and operates at a net income. IM Cannabis reported Q1-2021 cannabis revenues of CA$7M and operates at a net income. I rate both companies as a neutral buy and recommend that investors watch their financial performance. For further details see:
cbdMD And IM Cannabis Partner To Sell CBD Products In Israeli Markets
Stock Information
Company Name:
IM Cannabis Corp.
Stock Symbol:
IMCC
Market:
NASDAQ
Website:
imcannabis.com
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