Jan 28 (Reuters) - IM Cannabis Corp IMCC.CD :
* IM CANNABIS CONTINUES EUROPEAN EXPANSION, ESTABLISHES JOINT VENTURE AND SUPPLY AGREEMENT IN GREECE
* IM CANNABIS CORP - CO TO BECOME 25% JV PARTNER FOR CULTIVATION AND PROCESSING OPERATION IN GREECE
* IM CANNABIS CORP - REMAINING 75% OF JOINT VENTURE WILL BE OWNED BY GALEN
* IM CANNABIS - COS COMMITTED TO FUND INITIAL CAPEX, TOTALLING ABOUT UP TO EUR 8 MILLION TO FUND CONSTRUCTION OF CULTIVATION & PROCESSING FACILITY IN GREECE
* IM CANNABIS CORP - WILL INVEST FROM EXISTING CASH RESOURCES UP TO EUR 1.5 MILLION INTO JV, WITH BALANCE FUNDED BY GALEN