IM Cannabis Corp (TSE:IMCC) has released an update.
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IM Cannabis Corp., a prominent medical cannabis firm with operations in Israel and Germany, has begun trading its common shares on the Canadian Securities Exchange and Nasdaq on a 6:1 consolidated basis. The stock consolidation reduced the number of common shares and adjusted the terms of the company’s convertible securities accordingly. Shareholders will receive instructions on exchanging their shares, with no immediate action required from beneficial holders.
For further insights into TSE:IMCC stock, check out TipRanks’ Stock Analysis page.