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

Bitget2026/09/29 11:08

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IM Cannabis closed the sale of IMC Holdings to Slil.com Holding on Sept. 29, 2026, exiting its Europe-focused operations.
Consideration included a prior C$ 3 million advance payment; no securities were issued or exchanged in the deal.
The transaction leaves up to C$ 9.4 million of specified liabilities in IMC Holdings, excluding liabilities held at operating subsidiaries.
Unaudited pro forma analysis points to about C$ 3 million improvement in shareholders’ equity, with working capital and leverage also expected to improve.
IM Cannabis plans to concentrate resources on its retained Israeli medical cannabis business while evaluating additional opportunities.

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 PR Newswire (Ref. ID: 202609290707PR_NEWS_USPR_____LN59110) on September 29, 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 for C$3 million advance payment

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