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IM Cannabis Corp.: Adjupharm Signs Supply Agreement with MediPharm Labs, Paving Way for IM Cannabis-Branded Extracts Launch in German Market


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TORONTO, ON and BAD OLDESLOE, GERMANY and GLIL YAM, ISRAEL / ACCESSWIRE / April 13, 2021 / IM Cannabis Corp. ( IMC or the Company ) (CSE:IMCC)(NASDAQ:IMCC), a multi-country operator ( MCO ) in the medical and adult-use recreational cannabis sector with operations in Canada, Israel and Germany, announced that its subsidiary, Adjupharm GmbH ( Adjupharm ), recently signed a supply agreement (the Supply Agreement ) with MediPharm Labs Australia Pty Ltd, a subsidiary of MediPharm Labs Corp. ( MediPharm Labs ) (TSX:LABS), (OTCQX:MEDIF), (FSE:MLZ), a global leader in specialized, research-driven, pharmaceutical-quality cannabis extraction, distillation and derivative products. The initial term of the Supply Agreement is two years, with a two-year automatic extension period. ....

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