IM Cannabis Q2 2026 revenue falls 40% as shipment delays and cash constraints curb imports, company says - IMCC News | RalliesIM Cannabis Q2 2026 revenue falls 40% as shipment delays and cash constraints curb imports, company says
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IMCC• Q2 revenue and profit decline
- IM Cannabis posted Q2 2026 net revenue of CAD 7.59 million, down 40%, citing shipment delays, product mix shifts, pricing pressure, and lower volumes.
- Gross profit fell to CAD 1.51 million from CAD 3.43 million, leaving gross margin at 20% versus 27% a year earlier.
- Net loss widened to CAD 4.39 million from CAD 194,000, pressured by lower gross profit and sharply higher financing expense.
Germany and Israel sales weaken
- Germany revenue slipped to CAD 4.68 million from CAD 6.8 million, reflecting weaker demand and product availability tied to delayed shipments.
- Israel revenue dropped by CAD 2.98 million year over year, driven by reduced imports tied to cash-flow constraints, weighing on sales volumes.
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