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Decibel announces strategic partnership to bring U.S. brand Dabstract & exclusive product formulations to Canada

Stockhouse Editorial
1 Comment| July 8, 2021

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Click to enlargeDecibel Cannabis Company Inc. (TSX-V.DB) – a premium cannabis producer, is pleased to announce that it entered into a strategic partnership with Union Cannabis Group.

Under the strategic partnership, Decibel has gained access to unique product formulations and intellectual property for the manufacturing of vapes and concentrates.

This partnership allows DB to acquire the exclusive right to produce these distinct product formulations for its existing brands, as well as, to manufacture and distribute UCG's branded products under the Dabstract brand.

Paul Wilson, Chief Executive Officer of Decibel, commented:

"Decibel is committed to continuously raising the bar when it comes to product quality and innovation in the cannabis industry. This strategic partnership bolsters our product development pipeline in the high growth vape and concentrate product categories while strengthening our brand portfolio by bringing the renowned Dabstract brand to the Canadian marketplace.

Full article here.

New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.



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