Weed Companies On The Move: IM Cannabis Completes Purchase Of MYM Nutraceuticals

Multi-country medical and recreational operator, IM Cannabis (CSE: IMCC) (NASDAQ: IMCC) confirmed Friday it has completed its previously announced acquisition of MYM Nutraceuticals (CSE: MYM) valued at CA$85 million ($67.6 million).

MYM is a Canadian cultivator, processor and distributor of cannabis through its two wholly-owned subsidiaries – SublimeCulture Inc. and Highland Inc.

The transaction was finalized under the terms and conditions of an agreement between IMC, MYM and Trichome Financial Corp that resulted in the acquisition by IMC of all the issued and outstanding shares of MYM. Following the finalization of the acquisition, …

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More Weed Companies On The Move: IM Cannabis Completes Purchase Of MYM Nutraceuticals