IM Cannabis Corp. shares fall 1.68% after-hours following the appointment of Oz Adler to the board of directors.

IM Cannabis Corp. declined 1.68% in after-hours trading, with the company announcing the appointment of Mr. Oz Adler to its board of directors, effective July 6, 2025. Mr. Adler brings deep financial and strategic expertise across international markets, as well as a strong track record in public company leadership, regulatory compliance, and M&A. Additionally, the company announced the signing of a loan agreement, receiving USD 1 million on July 9, 2025, with the potential for an additional USD 1 million by September 4, 2025.