IM Cannabis (IMCC) Tax Rate (2021 - 2025)
IM Cannabis' Tax Rate was 1.06% in Q2 2026, down 10.76 percentage points from 11.82% a year earlier but up 2.70 percentage points from the prior quarter.
IM Cannabis (IMCC) Tax Rate (2021 - 2025) Analysis & Trends
On a trailing twelve-month basis, IM Cannabis' Tax Rate was -0.77% through Jun 30, 2026, down 3.66 percentage points year-over-year; for FY2025, it was -0.79%, down 8.79 percentage points from FY2024.
- Tax Rate shows a five-year change of +0.13 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 8.00% in FY2024 (+16.15 pp), -8.15% in FY2023 (-12.52 pp), 4.37% in FY2022 (+309.24 pp) and -304.88% in FY2021 (-303.96 pp).
- Quarterly Tax Rate has moved between -67.34% (Q3 2021) and 21.39% (Q2 2022) over five years.
- Compared with a year earlier, Tax Rate has declined for five straight quarters, with an average year-over-year change of -1.44 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2022 (a gain of 72.05 percentage points); the worst was Q3 2021 (a drop of 24.04 percentage points).
- Per Business Quant data, IMCC's Tax Rate in the three quarters before Q2 2026 was -1.63% (Q1 2026), -0.08% (Q4 2025) and -3.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.04 Bn | 279.04 Bn | 7.85 Bn | 21.46% |
| 2 | British American Tobacco p.l.c | 131.52 Bn | 107.88 Bn | - | - |
| 3 | Altria | 126.46 Bn | 113.39 Bn | 3.94 Bn | 23.59% |
| 4 | Curaleaf Holdings | 2.38 Bn | 2.00 Bn | 170.48 Mn | - |
| 5 | Trulieve Cannabis | 2.12 Bn | 734.90 Mn | 162.29 Mn | - |
| 6 | RLX Technology | 1.95 Bn | -1.82 Bn | 52.74 Mn | - |
| 7 | Green Thumb Industries | 1.43 Bn | 198.72 Mn | 146.79 Mn | 131.08% |
| 8 | Cronos | 1.33 Bn | -1.95 Bn | 28.45 Mn | 0.14% |
| 9 | Turning Point Brands | 1.25 Bn | 361.97 Mn | 93.70 Mn | 26.34% |
| 10 | IM Cannabis | 473,387.25 | -4.23 Mn | 1.09 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 19.86% |
| Sep 30, 2022 | 4.71% |
| Mar 31, 2021 | 9.64% |
IM Cannabis Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=IMCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "IMCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=IMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();