IM Cannabis Corp. has entered a non-binding Letter of Intent to acquire 51% of Space Defense Innovations LLC, a Polish limited liability company operating in unmanned aerial systems through its wholly owned subsidiary, BlueAero Group Sp. z o.o. SDI distributes BlueBird Aero Systems' tactical UAS and, subject to regulatory licenses, is expected to manufacture the aircraft and Hybrid Fixed-Wing VTOL-UAS products in Europe, with exclusivity in Poland. The proposed consideration includes IMCC common shares and/or pre-funded warrants, a 24-month seller loan carrying 9% annual interest with full warrant coverage, and a five-year option to buy the remaining SDI shares. IMCC would also appoint a majority of SDI's board and provide a convertible line of credit of up to EUR 2.3 million. The parties aim to sign definitive agreements within 60 days, but completion remains subject to due diligence, approvals, commercial-agreement assignments and other conditions. The transaction supports IMCC's stated plan to evaluate technology-driven businesses beyond its medical cannabis operations in Israel and Germany.