IMC announces the termination of a preliminary term sheet with Kadimastem Ltd., a public company traded on the Tel Aviv Stock Exchange to fully focus on the recently legalized German market

May 28, 2024

https://www.prnewswire.com/news-releases/imc-announces-the-termination-of-a-preliminary-term-sheet-with-kadimastem-ltd-a-public-company-traded-on-the-tel-aviv-stock-exchange-to-fully-focus-on-the-recently-legalized-german-market-302156639.html

With Germany delivering accelerated growth after legalization, IMC is keeping all options open to maximize shareholder value

TORONTO and GLIL YAM, Israel, May 28, 2024 /PRNewswire/ — IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the “Company” or “IMC“), a leading medical cannabis company with operations in Israel and Germany, announces the termination of the preliminary term sheet signed on February 13, 2024 with Kadimastem Ltd a public company traded on the Tel Aviv Stock Exchange under the symbol (TASE:KDST) (“Kadimastem“).

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