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IM Cannabis regains Nasdaq compliance after share price hits $1 for 18 days

Market News
23 Sep 2026
PRNewsWire
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Bullish
IM Cannabis regains Nasdaq compliance after share price hits $1 for 18 days

IM Cannabis Corp. announced it has regained compliance with Nasdaq's minimum bid price rule after its share price stayed at or above $1.00 for 18 consecutive business days. This compliance removes the risk of delisting from Nasdaq. The company operates medical cannabis businesses in Israel and Germany, with plans to retain Israeli operations and sell the German ones. This development stabilizes IM Cannabis's listing status and supports its ongoing business strategy.

IM Cannabis's Nasdaq compliance update is offered here with Pluang's health sector snapshot. Of 100 health-sector US stocks on Pluang, 10 rose and 89 fell today. TXG traded at USD 75.08 with a 1-day change of -6.96%, CLPT was at USD 14.72 down 6.78%, and AMLX closed at USD 30.78 down 6.73% as of Sep 24, 2026 02:11 WIB.

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