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Terminix Launches New Tick Defend System™ as Tick-Borne Diseases Intensify

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Terminix partners with Genevieve Gorder and will donate 10 percent of
new tick product sales to Global Lyme Alliance

MEMPHIS, Tenn.–(BUSINESS WIRE)–Terminix, a leading provider of termite and pest control services and a
ServiceMaster (NYSE: SERV) company, today announced its launch of the
Terminix Tick Defend System™, an integrated pest management system that
helps protect yards and homes from tick infestations.

The launch comes in partnership with Genevieve Gorder (Trading Spaces),
the acclaimed celebrity designer who lives with Lyme disease. In
recognition of Lyme Disease Awareness Month in May, Terminix will donate
10 percent of proceeds from its new Tick Defend System™ during the
months of May, June and July to the Global Lyme Alliance to help raise
awareness of the tick-borne illness and how to guard against it.

Available now, the Terminix Tick Defend System™ combines leading
technology with technician expertise to help guard against all seven
common tick species found across the country. The new service offering
builds on the company’s strong track record of providing differentiated
value to its customer base. The treatment is available as a one-time
service, or as a monthly package for long-term protection. Customers are
also able to combine the system with other Terminix pest and mosquito
services, such as the Terminix Quick Guard® Mosquito Service,
for the ultimate home defense against annoying and dangerous pests.

We are committed to providing cleaner, healthier and safer environments
to our customers. We fully understand our customers’ concerns about
keeping their families protected from ticks and the diseases they can
carry,” said Matthew Stevenson, president of Terminix Residential. “We
have seen tick-borne disease cases increase and have strengthened our
efforts to bring effective solutions to our customers. As a leader in
the termite and pest industry, we are proud to partner with Genevieve
Gorder and bring the Terminix Tick Defend System™ to market to provide
peace of mind and offer our customers a new and innovative line of
defense against these dangerous pests.”

I know firsthand how devastating the impacts of Lyme disease can be,”
said Genevieve Gorder. “I’m excited to be working with Terminix on the
launch of their Tick Defend System™ which underscores the importance of
tick protection while supporting the critical education and research
made possible by Global Lyme Alliance.”

The partnership and product launch come as incidence rates for Lyme
disease continue to rise. In the past two decades, the reported number
of Lyme disease cases in the United States has tripled. Reports from the
Centers for Disease Control and Prevention (CDC) suggest the disease is
more common than reported, infecting approximately 300,000 Americans
nationally each
year
. Victims often mistake early-stage Lyme disease as a flu-like
illness, overexertion or sleep deprivation. Late-stage Lyme disease can
affect multiple organs, including joints, heart, brain, and other parts
of the central nervous system. About 75 percent of Lyme disease cases
are associated with activities around the home such as play, yard or
garden work.

In addition to preventative products, such as the Terminix Tick Defend
System™, follow these tips to help guard against ticks:

  • Avoid areas with tall grass or leaf litter, as these are common places
    for ticks to hide. When hiking, stick to the center of trails to avoid
    brushing against vegetation.
  • Apply EPA-approved tick repellents, both on-skin and on-clothing.
  • After spending time outdoors, bathe as soon as possible (preferably
    within two hours) to wash off any ticks crawling on the skin and
    conduct a full-body check for ticks, paying close attention to the
    head, hair, in and around the ears, under the arms and behind the
    knees. If you’ve been bitten, remove ticks right away.
  • To remove a tick embedded in the skin, do not grasp it by the abdomen
    and pull. You may squeeze its fluids into the skin, increasing the
    chance for infection. Use fine-tipped tweezers to grasp the head of
    the tick and slowly pull backwards. Once the tick has been removed,
    cleanse the area well with soap and water.
  • Because pets, such as dogs or cats, are particularly susceptible to
    ticks, talk with your veterinarian about appropriate tick prevention
    products.

For more information or to schedule your Terminix Tick Defend System™
service, visit Terminix.com
or call 1-800-Terminix.

About Terminix

Terminix is the leading provider of termite and pest control services in
the United States. Headquartered in Memphis, Tenn., Terminix services
approximately 2.8 million residential and commercial customers in 47
states and 18 countries. Terminix provides pest control services and
protection against termites, rodents and other pests. Terminix is a
business unit of ServiceMaster Global Holdings, Inc. (SERV),
a leading provider of essential residential and commercial services.
Terminix is the Official Pest Control Partner of Minor League Baseball™.
To learn more about Terminix, visit www.Terminix.com.

About ServiceMaster

ServiceMaster (NYSE: SERV) solves the homeowner’s dilemma. Every day, we
visit tens of thousands of homes and businesses through our extensive
service network of expert professionals. Our well-recognized brands
include AmeriSpec (home inspections), Copesan (commercial national
accounts pest management), Furniture Medic (furniture and cabinet
repair), Merry Maids (residential cleaning), ServiceMaster Clean
(janitorial and residential floor cleaning), ServiceMaster Restore
(disaster restoration), Terminix (termite and pest control) and Terminix
Commercial (commercial termite and pest control). Like, follow or visit
us at facebook.com/ServiceMasterlinkedin.com/ServiceMaster,twitter.com/ServiceMaster,
or servicemaster.com. ServiceMaster
is the Official Home Services Provider of Minor League Baseball™.

About Genevieve Gorder

Genevieve Gorder’s soulful style and genuine enthusiasm have made
her one of America’s favorite interior designers for many years. She is
the founder and director of the Genevieve Gorder brand, a television
host and producer, home product designer, contributing author, and
global ambassador for home and human rights.

Gorder has appeared and been featured in over 20 lifestyle shows around
the world. You can find her work on Netflix, TLC, HGTV, Sony Channel
Asia, The Design Network, and as a regular contributor on The Rachael
Ray Show.

A two-time Emmy nominee and design host at the Obama White
House, Genevieve has built multiple lifestyle collections for home—from
rugs, textiles, wallpaper and stationery to a full line of furniture and
décor for children with partner Crate & Barrel.

Off air and the internet, Genevieve designs for a diverse group of
clients and companies. She has guided many hotels, restaurants, cruise
lines, cities and private clients toward their design fantasies. She
travels the globe with Oxfam as a Sister on the Planet ambassador, using
her influence to fight global poverty, hunger and injustice, and using
her platform of home to empower women and girls worldwide.

Gorder’s work has been featured in numerous publications both nationally
and internationally. Currently, you can watch her latest Netflix series
“Stay Here”, the TLC revival series Trading Spaces, and a new Bravo
series airing spring of 2019.

About Global Lyme Alliance

Global Lyme Alliance is the leading 501(c)(3) dedicated to conquering
Lyme and other tick-borne diseases through research, education and
awareness. GLA has gained national prominence for funding some of the
most urgent and promising research in the field, while expanding
education and awareness programs for the general public and physicians.
We support those around the globe in need of information about
tick-borne diseases. Learn more at GLA.org.

Contacts

Valerie Middleton | 901.487.3749 | [email protected]
Emma
Mazour
| 612.244.2104 | [email protected]


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Cannabis

Cannabis Concentrate Market to Cross US$2.4 Billion by 2030 amid Rising Medical and Recreational Demand

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IMC to transfer its Oranim Pharmacy shares back to the seller

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imc-to-transfer-its-oranim-pharmacy-shares-back-to-the-seller

TORONTO and GLIL YAM, Israel, April 16, 2024 /PRNewswire/ — IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the “Company” or “IMC“), a leading medical cannabis company with operations in Israel and Germany, is announcing that, further to the news release dated January 12, 2024, the Company has decided not to make remaining installment payments installments (i.e. NIS 5,873K including interest or 2,154K CAD) by IMC Holdings Ltd., and as such will transfer the 51% shares held by IMC Holdings Ltd back to the  seller.

“With the April 1st cannabis legalization in Germany, we are focusing our resources on the German market, where we expect to see the biggest growth potential,” said Oren Shuster, CEO of IMC. “With both of our core markets, Germany and Israel, currently undergoing rapid evolution, we need to assure that we allocate our resources to the growth opportunities where we expect the best return on investment.”

About IM Cannabis Corp.

IMC (Nasdaq: IMCC) (CSE: IMCC) is an international cannabis company that provides premium cannabis products to medical patients in Israel and Germany, two of the largest medical cannabis markets. The Company has recently exited operations in Canada to pivot its focus and resources to achieve sustainable and profitable growth in its highest value markets, Israel and Germany. The Company leverages a transnational ecosystem powered by a unique data-driven approach and a globally sourced product supply chain. With an unwavering commitment to responsible growth and compliance with the strictest regulatory environments, the Company strives to amplify its commercial and brand power to become a global high-quality cannabis player.

The IMC ecosystem operates in Israel through its commercial relationship with Focus Medical Herbs Ltd., which imports and distributes cannabis to medical patients, leveraging years of proprietary data and patient insights. The Company also operates medical cannabis retail pharmacies, online platforms, distribution centers, and logistical hubs in Israel that enable the safe delivery and quality control of IMC’s products throughout the entire value chain. In Germany, the IMC ecosystem operates through Adjupharm GmbH, where it distributes cannabis to pharmacies for medical cannabis patients. Until recently, the Company also actively operated in Canada through Trichome Financial Corp and its wholly owned subsidiaries, where it cultivated, processed, packaged, and sold premium and ultra-premium cannabis at its own facilities under the WAGNERS and Highland Grow brands for the adult-use market in Canada. The Company has exited operations in Canada and considers these operations discontinued.

Disclaimer for Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements under applicable Canadian and U.S. securities laws (collectively, “forward-looking statements”). All information that addresses activities or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made. In the press release, such forward-looking statements include, but are not limited to,  the occurrence of growth opportunities and the likelihood of growth potential.

Forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to: the development and introduction of new products; continuing demand for medical and adult-use recreational cannabis in the markets in which the Company operates; the Company’s ability to reach patients through both e-commerce and brick and mortar retail operations; the Company’s ability to maintain and renew or obtain required licenses; the effectiveness of its products for medical cannabis patients and recreational consumers; and the Company’s ability to market its brands and services successfully to its anticipated customers and medical cannabis patients.

The above lists of forward-looking statements and assumptions are not exhaustive. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated or implied by such forward looking statements due to a number of factors and risks. These include: any failure of the Company to maintain “de facto” control over Focus Medical in accordance with IFRS 10; the failure of the Company to comply with applicable regulatory requirements in a highly regulated industry; unexpected changes in governmental policies and regulations in the jurisdictions in which the Company operates; the effect of the reform on the Company; the Company’s ability to continue to meet the listing requirements of the Canadian Securities Exchange and the NASDAQ Capital Market; any unexpected failure to maintain in good standing or renew its licenses; the ability of the Company and Focus Medical (collectively, the “Group”) to deliver on their sales commitments or growth objectives; the reliance of the Group on third-party supply agreements to provide sufficient quantities of medical cannabis to fulfil the Group’s obligations; the Group’s possible exposure to liability, the perceived level of risk related thereto, and the anticipated results of any litigation or other similar disputes or legal proceedings involving the Group; the impact of increasing competition; any lack of merger and acquisition opportunities; adverse market conditions; the inherent uncertainty of production quantities, qualities and cost estimates and the potential for unexpected costs and expenses; risks of product liability and other safety-related liability from the usage of the Group’s cannabis products; supply chain constraints; reliance on key personnel; the risk of defaulting on existing debt and war, conflict and civil unrest in Eastern Europe and the Middle East

Any forward-looking statement included in this press release is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made.

The Company does not undertake any obligation to update forward-looking statements except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Company Contacts:

Anna Taranko, Director Investor & Public Relations
IM Cannabis Corp.
+49 157 80554338
[email protected]

Oren Shuster, Chief Executive Officer
IM Cannabis Corp.
[email protected]

Logo – https://mma.prnewswire.com/media/1742228/IM_Cannabis_Logo.jpg

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Cannabis

Right on Brands Announces Major Product Line Expansion via HONEY® Brands

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GrassNews.net: Your premier portal for the latest developments in the cannabis industry. We provide timely news, insightful analysis, and in-depth features on everything from legislation changes and business trends, to scientific research and lifestyle topics. Stay informed and navigate the rapidly evolving cannabis landscape with GrassNews.net..

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