Management Team

One of Israel’s prominent experts in the field of medical cannabis, Oren brings more than two decades of proven entrepreneurial experience in founding and growing companies in the med-tech and technology/software industries.

Prior to IMC, Oren co-founded E-wave with a vision to create an international tech company that provides software solutions for enterprises in digital, IT, HR, and medical technologies. His vision was realized fully and today, E-wave is a global software house that employs 1,000 professionals with operations in the U.S., Canada, Brazil, India, and Israel.

In addition to a tremendously successful entrepreneurial track-record, Oren has held executive positions at companies within the telecom and digital media industries.

Richard Balla is the CEO of Adjupharm, IMC’s fully-owned German subsidiary and the company’s main European hub. For nearly two decades, Richard has brought his strategic business mindset to senior roles within the German pharmaceutical industry with a specialty in manufacturing, distribution, sales, and the parallel import of pharmaceuticals, medical devices, and cosmetics.

He brings a unique professional background and experience in the German medical cannabis sector. This deep knowledge ensures market entry and expansion understanding to support IMC’s growth plans in Germany and other European jurisdictions that are on the verge of medical cannabis legalization.

Prior to leading Adjupharm, Richard acted as a founder, early-stage shareholder, advisor, and director of multiple international companies in the pharmaceutical and medical cannabis sectors.

Before his entrepreneurial career, Richard served as Head of Market and Product Development at ACA Müller Pharma AG, one of the first and leading parallel import companies in Germany. In this role, he was responsible for ACA’s portfolio of 2000 branded pharmaceutical products, which were distributed to German wholesalers and pharmacies. Richard holds a bachelor of business administration degree from Gewerbe-Akademie Konstanz.

Mr. Levi has over 15 years of experience in finance and controlling roles, including serving as CFO at Water Ways Technologies Inc. (TSXV: WWT) and DekelOil CI, part of Dekel Agri-Vision Plc (AIM: DKL), and as Controller at SciSparc Ltd. (NASDAQ: SPRC) and A2Z Cust2Mate Solutions Corp. (NASDAQ: AZ). He has overseen fundraising efforts and handled financial planning, budgeting, and cash flow management in compliance with IFRS and other standards.