M&A Deal Summary

IM Cannabis Acquires Oranim Pharm

On March 30, 2022, IM Cannabis acquired e-commerce company Oranim Pharm

Acquisition Highlights
  • This is IM Cannabis’ 1st transaction in the E-Commerce sector.
  • This is IM Cannabis’ 1st transaction in Israel.

M&A Deal Summary

Date 2022-03-30
Target Oranim Pharm
Sector E-Commerce
Buyer(s) IM Cannabis
Deal Type Add-on Acquisition

Target

Oranim Pharm

Jerusalem, Israel
website
Oranim Pharm is a pharmacy selling medical cannabis in Israel and the largest pharmacy selling medical cannabis in the Jerusalem area.

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Buyer(S) 1

Buyer

IM Cannabis

Vancouver, British Columbia, Canada

website


Category Company
Sector Consumer Products
Revenue 54M USD (2022)
DESCRIPTION

IM Cannabis is an international cannabis company providing premium products to medical patients and adult-use recreational consumers. The ecosystem created through its international operations leverages the Company's unique data-driven perspective and product supply chain globally. With its commitment to responsible growth and financial prudence, and the ability to operate within the strictest regulatory environments, the Company has quickly become one of the leading cultivators and distributors of high-quality cannabis globally. IM Cannabis is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Israel) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-01 MYM

Vancouver, British Columbia, Canada

MYM is focuses on developing high-end organic medicinal cannabis supplements and topical products. MYM also has an interest in the development of high-density farming facilities and technologies that allow MYM to expand its brand into the global market. MYM was founded in 2014 and is based in Vancouver, Canada.

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