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Bullboard - Stock Discussion Forum Decibel Cannabis Company Inc V.DB.WT.A


Primary Symbol: V.DB Alternate Symbol(s):  DBCCF

Decibel Cannabis Company Inc. is a Canada-based consumer-focused cannabis company. The Company is focused on premium cannabis flower, vape, cannabis infused, and concentrate products, created through a vertically integrated business model. The Company’s brands General Admission, Qwest, and Vox are among its portfolio, sold across Canada. The principal products produced and sold by the Company... see more

TSXV:DB - Post Discussion

Decibel Cannabis Company Inc > Decibel Announces Year End and Fourth Quarter Results
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Post by Betteryear2 on Apr 24, 2023 7:13am

Decibel Announces Year End and Fourth Quarter Results

CALGARY, ABApril 24, 2023 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce its audited financial results for the three and twelve month periods ending December 31, 2022.

"Our fourth quarter results capped off a year of strong financial performance with record results including market share, net revenue, adjusted EBITDA, and adjusted net income. This creates momentum heading into 2023 with demand continuing to grow and assets well positioned to deliver on this demand", said Paul Wilson, CEO of Decibel. "We have a number of 2023 catalysts that support an outlook where Decibel continues to build its market share and brand position in Canada and in turn leverage into international opportunities."

Decibel Announces Year End and Fourth Quarter Results with Record Fourth Quarter $25.8 Million Net Revenue and $7.1 Million Adjusted EBITDA (prnewswire.com)

Comment by Blackberry5 on Apr 24, 2023 9:34am
As of March 2023, Decibel's market share was 6.8% which placed Decibel as the 2ndlargest licensed producer in Canada by market share!
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