IM Cannabis is a holding company. Through its subsidiaries, Co. is a multi-country operator in the medical and recreational cannabis sector with operations in Israel, Germany and Canada. In association with Focus Medical Herbs Ltd., Co. maintains a brand portfolio that includes medical cannabis inflorescences such as Roma, Dairy Queen, London, Tel Aviv and Pandora Box, as well as various cannabis extracts. In Germany, Co. sells an IMC-branded medical cannabis inflorescence products. The medical cannabis product sold in the German market is branded generically as IMC. We show 2 historical shares outstanding datapoints in our IMCC shares outstanding history coverage, used to compute IMCC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing IMCC market cap history over the course of time is important for investors
interested in comparing IMCC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of IMCC versus a peer is one thing; comparing
IMCC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like IMCC can fluctuate over the course of history.
With this page we aim to empower investors researching IMCC by allowing them to research the IMCC market cap history. |
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Video: The Importance of Market Cap
