CALGARY, AB , Jan. 23, 2023 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce another month of record market share in December 2022 .
"Our continued market share growth in a highly competitive environment is a testament to our commitment to innovation and quality products", said Paul Wilson , CEO of Decibel. "With continued success in our brands and products, the demand we are experiencing has been tremendous and provides opportunity for growth for Decibel in 2023."
Record National Market Share 1 : Achieved 6.7% in December 2022 which places Decibel as the third largest LP in Canada by market share.
- Fastest growing top 10 LP by market share over 2022 with 77% market share growth
- Record Canadian market share driven by gains in vape and pre-roll categories:
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- #1 in national vape sales with a 17.7% market share
- #1 in national pre-roll sales with an 11.8% market share
New Unique and Innovative
Decibel is launching or expanding distribution of the following products in January:
- Total of 11 products launched in the Ontario market
- 6 General Admission and Qwest infused pre-rolls
- 1 General Admission distillate vape
- 4 Qwest jarred flower and pre-rolls
| 1 HiFyre Retail Analytics, Licensed Producer Sales over Time Nationally, January 1, 2022 – December 31, 2022. |