IM Cannabis Corp. has completed the sale of IMC Holdings to Slil.com Holding Ltd., resulting in an expected improvement of approximately C$3 million in shareholders' equity. The transaction involved transferring Israeli operations out of IMC Holdings before closing, leaving IMC Holdings with equity interests in subsidiaries and certain liabilities. This deal aims to strengthen IM Cannabis's financial position, reduce liabilities, and streamline its corporate structure. The company will now focus on its Israeli medical cannabis operations and explore new opportunities.
IM Cannabis's recent sale of IMC Holdings provides context for health sector trends. For readers following health stocks, here is Pluang's market snapshot as of Sep 29, 2026 18:14 WIB: Out of 100 health-sector US stocks, 44 rose and 49 fell. Notable movers include AMLX at USD 29.50 with a 1.17% drop and 100% sell order activity, INCY at USD 126.20 up 1.11% with 100% buy order activity, and SANA at USD 2.96 up 1.02% with 44% buy order activity.
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