GREY:DLTNF - Post by User
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Deltauseron Nov 25, 2020 1:49pm
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Post# 31971048
Decibel update
Decibel update 12:12 PM EST, 11/25/2020 (MT Newswires) -- Decibel Cannabis (DB.V) reported a Q3 2020 comprehensive loss of $1.36 million or $0.00 per diluted share, compared with a comprehensive loss of $389,000 or $(0.01) per share for the year ago quarter.
Net revenue grew by 163% over the comparative 2019 period, from $2.88 million to $7.5 million.
Decibel also announced that due to personal reasons, CEO Benjamin Sze is taking a leave of absence as of the close of business today for an indefinite period of time. Cody Church, the company's current Chairman, has been appointed Interim CEO.