IM Cannabis: Insider Ownership and Recent Share Price Decline

IM Cannabis Corp.'s market cap has dropped to $7.4m, resulting in losses for insiders who invested $1.13m at an average price of $2.07 in the past 12 months. The recent 24% price decline has reduced their original investment to $771.4k. Despite this, insiders have not sold any shares, with the CEO & Executive Director purchasing $629k worth of shares at $2.07 per share. Insider ownership of the company is 41%, with insiders owning $3.0m worth of shares.