M&A Deal Summary

IM Cannabis Acquires MYM

On April 1, 2021, IM Cannabis acquired medical products company MYM

Acquisition Highlights
  • This is IM Cannabis’ 1st transaction in the Medical Products sector.
  • This is IM Cannabis’ 1st transaction in Canada.
  • This is IM Cannabis’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2021-04-01
Target MYM
Sector Medical Products
Buyer(s) IM Cannabis
Deal Type Add-on Acquisition

Target

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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Buyer(S) 1

Buyer

IM Cannabis

Tel Aviv, Israel
Category Company
Founded 2008
Sector Consumer Products
Employees95
Revenue 49M CAD (2023)
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 was incorporated in 2008 and is based in Tel Aviv, Israel.

DEAL STATS #
Overall 1 of 2
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-30 Oranim Pharm

Jerusalem, Israel

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

Buy -
Mergr

Product

Company

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