IM Cannabis Corp. announced earnings results for the second quarter ended June 30, 2021. Revenues for the second quarter of 2021 were CAD 11.1 million, a sequential increase of approximately 27% from first quarter 2021. Net loss for the three months ended June 30, 2021 and 2020 was CAD 5.1 million and CAD 9.7 million, respectively, primarily due to factors impacting operations, and CAD 13.1 million from revaluation of warrants through profit or loss. Basic loss per Common Share for the three months ended June 30, 2021 and 2020 were CAD 0.10 and CAD 0.52 respectively. Diluted loss per Common Share for the three months ended June 30, 2021 and 2020 were CAD 0.23 and CAD 0.52 respectively.