IM Cannabis closes sale of IMC Holdings to Slil.com for C$3 million advance payment

Bitget2026/10/02 21:26

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IM Cannabis completed the sale of IMC Holdings to Slil.com Holding on Sept. 29, 2026, exiting its European-focused operations.
Deal terms included a CAD 3 million advance payment already received; IMC Holdings transferred with up to CAD 9.4 million of retained liabilities.
Israeli operations were moved out of IMC Holdings before closing, leaving IM Cannabis focused on its Israeli medical cannabis business.
Management’s unaudited pro forma analysis projected an roughly CAD 3 million increase in shareholders’ equity from the transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IM Cannabis Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-004699), on October 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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IM Cannabis closes sale of IMC Holdings to Slil.com for C$3 million advance payment

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