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IM Cannabis to Acquire Canadian LP MYM Nutraceuticals for $87 Million in Stock – New Cannabis Ventures

April 1, 2021 at 9:52 am
Published by NCV Newswire
IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow
Highland Grow is currently profitable on an EBITDA basis and the Transaction is expected to be immediately accretive to IMC
Highland Grow is expected to generate net revenue of $29 million and $38 million and gross margins of 34% to 36% in 2021 and 2022, respectively
[1]
Purchase price implies 2.3x net revenue and 6.7x EBITDA in 2022 with synergies
MYM shareholders will receive 0.022 IMC shares for each MYM share, representing a price of $0.195 based on respective closing prices on March 31, 2021
Super premium positioning, complementary brands, enhanced distribution and export opportunities to Israel and European markets ....

United States , United Kingdom , Nova Scotia , British Columbia , Adjupharm Gmb , Michael Wiener , Oren Shuster , Im Cannabis Corp , International Financial Reporting Standards , Committee On , Borden Ladner Gervais , Sublimeculture Inc , Acquisition Corp , Cassels Graydon , Hyperion Capital Inc , Biome Grow Inc , Dentons Canada , Highland Grow Inc , Canadian Securities Exchange , Nutraceuticals Inc , Its Licensed Producer Subsidiary , Highland Grow , Business Corporations Act , Eastern Canada , Multilateral Instrument , Minority Security Holders ,

IM Cannabis Corp.: IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow

IM Cannabis Corp.: IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , Nova Scotia , British Columbia , State Of Israel , Adjupharm Gmb , Caitlin Kasunich , Michael Wiener , Elizabeth Barker , Oren Shuster , Herbs Ltd , Committee On , Borden Ladner Gervais , Sublimeculture Inc , Cassels Graydon , Dentons Canada , Canadian Securities Exchange , Nutraceuticals Inc , International Financial Reporting Standards , Im Cannabis Corp , Acquisition Corp , Hyperion Capital Inc , Biome Grow Inc , Highland Grow Inc , Israeli Ministry Of Health , Highland Grow ,

IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow

IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow
theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.

United States , United Kingdom , Nova Scotia , British Columbia , State Of Israel , Adjupharm Gmb , Caitlin Kasunich , Michael Wiener , Elizabeth Barker , Oren Shuster , Herbs Ltd , Committee On , Borden Ladner Gervais , Sublimeculture Inc , Cassels Graydon , Dentons Canada , Canadian Securities Exchange , Nutraceuticals Inc , International Financial Reporting Standards , Im Cannabis Corp , Acquisition Corp , Hyperion Capital Inc , Biome Grow Inc , Highland Grow Inc , Israeli Ministry Of Health , Highland Grow ,

MYM Nutraceuticals Inc.: IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow

MYM Nutraceuticals Inc.: IM Cannabis to Acquire MYM Nutraceuticals and Its Licensed Producer Subsidiary, Highland Grow
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.

Glil Yam , Tel Aviv , United States , United Kingdom , Nova Scotia , British Columbia , State Of Israel , Adjupharm Gmb , Caitlin Kasunich , Michael Wiener , Elizabeth Barker , Oren Shuster , Herbs Ltd , Committee On , Borden Ladner Gervais , Sublimeculture Inc , Cassels Graydon , Dentons Canada , Canadian Securities Exchange , Nutraceuticals Inc , International Financial Reporting Standards , Im Cannabis Corp , Acquisition Corp , Israel Newsfile Corp , Hyperion Capital Inc , Biome Grow Inc ,

MYM Nutraceuticals Inc.: Highland Grow Expands Distribution into Nunavut

MYM Nutraceuticals Inc.: Highland Grow Expands Distribution into Nunavut
Vancouver, British Columbia (Newsfile Corp. - March 5, 2021) -
MYM Nutraceuticals Inc., (CSE: MYM) (OTCQB: MYMMF) ( MYM or the Company ) is pleased to announce its wholly owned subsidiary and Health Canada licensed cannabis producer, Highland Grow Inc., (
Highland Grow ), has received authorization from the Government of Nunavut to supply Highland Grow cannabis products throughout Nunavut.
We are thrilled at the opportunity to work with the Government of Nunavut and share Highland Grow and Coastal Connection branded cannabis products for the benefit of Nunavut and its people, said Michael Wiener, CEO of MYM. Nunavut marks our twelfth province/territory and demonstrates our continued commitment to bring high quality cannabis to consumers across Canada. ....

United States , United Kingdom , Nova Scotia , British Columbia , Michael Wiener , Sublimeculture Inc , British Columbia Newsfile Corp , Highland Grow Inc , Health Canada , Nutraceuticals Inc , Highland Grow , Coastal Connection , Culture Inc , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , நோவா ஸ்கோடியா , பிரிட்டிஷ் கொலம்பியா , மைக்கேல் வீனர் , ஹைலேண்ட் வளர இன்க் , ஆரோக்கியம் கனடா , ஊட்டச்சத்து மருந்துகள் இன்க் , ஹைலேண்ட் வளர , கடலோர இணைப்பு , கலாச்சாரம் இன்க் ,