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Multi-country medical and recreational cannabis operator, IM Cannabis (CSE:IMCC) (NASDAQ:IMCC) continues to strategically expand in Canada with its second acquisition of 2021. The company announced this week it reached a definitive agreement to acquire MYM Nutraceuticals and its Licensed Producer subsidiary Highland Growth. The acquisition is expected to close before the end of 2021 and is valued at C$85 million ($67.6 million). It s intended to further expand IMC s presence in the Canadian market, broadening its premium and super-premium product portfolio for both recreational and medical cannabis customers. The company also confirmed it intends to leverage its Canadian acquisitions of Highland Growth and JWC to fulfill international demand for premium indoor-grown cannabis products, especially in Israel and Germany, where IMC has a strong presence and patient base. ....
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