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Hyatt Celebrates Global Wellness Day 2019 with more than 400 Participating Properties

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Hyatt hotels and spas proudly showcase their wellbeing offerings,
designed to positively impact how colleagues, customers, and community
members feel, fuel and function

CHICAGO–(BUSINESS WIRE)–Hyatt
Hotels Corporation
 (NYSE: H) today celebrates Hyatt’s landmarks of
wellbeing – Feel, Fuel and Function – by educating and encouraging
colleagues and guests to participate in Global Wellness Day 2019, an
entirely not-for-profit day dedicated raising awareness around what it
means to live well in mind and body. More than 400 properties, including
Hyatt’s Miraval and Exhale brands and the Hyatt’s regional and corporate
offices, are expected to host health and wellness-related events
reflecting their specific destination and local communities.

“At Hyatt, wellbeing is at the core of our DNA,” said Mark Vondrasek,
chief commercial services officer at Hyatt. “We know that wellbeing is
increasingly important to our colleagues, guests, and customers, and
Global Wellness Day provides an opportunity to jointly celebrate our
focus on wellbeing at a global scale. Today, we’re excited to showcase
distinct wellbeing experiences and bring our landmarks of wellbeing –
Feel, Fuel and Function – to life for colleagues and guests at our
hotels around the world.”

From Delhi to Chicago and Zurich to Hong Kong, Hyatt corporate offices
and properties have chosen unique ways to recognize this day. Leading by
example, Hyatt’s global headquarters will be celebrating Global Wellness
Day with colleagues by offering a guided yoga and meditation class and a
healthy breakfast to start the day. Additionally, knowing guests and
colleagues’ alike put great value in their wellbeing, properties across
the world were passionate about planning celebrations for Global
Wellness Day. A few examples include the following:

Asia-Pacific Region

  • Alila
    Ubud Bali
    : The hotel team will provide healthy meals
    for children using ingredients from the property’s organic garden and
    donating them to the KIM foundation, which helps children with special
    needs. Additionally, guests and villagers from Banjar Bayad are
    invited to celebrate with a Zumba class at their Sculpture Garden.
  • Hyatt
    Place and Hyatt House Yinchuan Dayuecheng
    : This
    dual-branded property in China is promoting a Family Day Photo Contest
    where all colleagues will be asked to enjoy a family dinner at home
    and share photos with colleagues. Additionally, they are hosting a Get
    Up and Step Up Challenge for colleagues, where colleagues will use
    WeChat to count their steps in the morning, promoting efforts to start
    each day with exercise.

Europe-Middle East-Southwest Asia Region

  • Andaz
    Amsterdam Prinsengracht
    : The property will put on a 5k
    run for both colleagues and guests, offering healthy snacks and
    refreshments at the end of the race. Colleagues will have the option
    to also participate in yoga sessions and a one-hour fitness and food
    consultation from a health professional.
  • Park
    Hyatt Istanbul
    : During the week leading up to Global
    Wellness Day, the hotel invited a popular dietitian to deliver healthy
    eating tips during their wellness event, where colleagues and guests
    enjoyed detox shots and relaxation exercises at the pool.

The Americas

  • Manchester
    Grand Hyatt San Diego
    : The property will host a
    wellness fair for colleagues, with events that include healthy cooking
    demonstrations, customized stretching exercises, a mandala coloring
    corner and a relaxation room offering chair massages and mini facials.
  • Hyatt
    Regency Lost Pines
    : The Cedar Creek, Texas property
    will provide an ambient quiet room featuring meditative music, yoga
    mats and candles for colleagues and guests, while also distributing
    reusable water bottles, sleep patches, sunscreen and signature
    smoothies in the lobby. Camp Hyatt, the resort’s activity program for
    kids, will also provide a beginner’s yoga class for children, along
    with other wellness activities.
  • The
    Beekman, a Thompson Hotel
    : The New York City property
    will host a colleague walk over the neighboring Brooklyn Bridge, while
    also offering guided mediation and morning yoga.
  • Hyatt
    Centric Waikiki Beach
    : Colleagues at the Hawaiian
    property will join together for a group hike on Diamond Head Volcano.
  • Exhale:
    To bring awareness to their many spa and fitness offerings, all Exhale
    locations will be allowing guests and members to bring a friend for
    free to fitness classes on Global Wellness Day.
  • Miraval
    Resorts
    : Both Miraval Austin and Miraval Arizona will
    be creating a mindful moment for guests at their central gathering
    place, around their custom made Earth Gong. Guests will be invited to
    gather at the Gong at 12pm, where a poem from Thich Nhat Han will be
    recited, allowing guests to tune in, slow down, and take in the
    vibration of the gong. They will also be invited to take turns banging
    the gong and sharing their intentions on how they will take steps
    toward living a healthier, more balanced life, the key purpose of
    Global Wellness Day.

Follow #globalwellnessday and #GWD2019 to see how participants are
celebrating Global Wellness Day 2019. And for more information around
Hyatt’s commitment to wellbeing, please visit hyatt.com/aboutus/wellbeing.

The term “Hyatt” is used in this release for convenience to refer to
Hyatt Hotels Corporation and/or one or more of its affiliates.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a portfolio of 19 premier brands. As of March
31, 2019, the Company’s portfolio included more than 850 properties in
over 60 countries across six continents. The Company’s purpose to care
for people so they can be their best informs its business decisions and
growth strategy and is intended to attract and retain top colleagues,
build relationships with guests and create value for shareholders. The
Company’s subsidiaries develop, own, operate, manage, franchise, license
or provide services to hotels, resorts, branded residences, vacation
ownership properties, and fitness and spa locations, including under the Park
Hyatt®
, Miraval®, Grand Hyatt®, Alila®
, Andaz®, The
Unbound Collection by Hyatt®
, Destination®
Hyatt
Regency®
, Hyatt®, Hyatt Ziva
™, Hyatt
Zilara
™, Thompson Hotels®, Hyatt
Centric®
, Hyatt House®, Hyatt Place®, Joie
de Vivre®
tommie™Hyatt
Residence Club® 
and Exhale® brand names,
and operates the World of Hyatt® loyalty program that provides
distinct benefits and exclusive experiences to its valued members. For
more information, please visit www.hyatt.com.

Contacts

Jennifer Rubin
Hyatt
312 780 5808
[email protected]


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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

Cision View original content:https://www.prnewswire.co.uk/news-releases/imc-to-transfer-its-oranim-pharmacy-shares-back-to-the-seller-302117984.html

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