Cannabis Co. Decibel Posts Record Performance Of Cannabis De

Cannabis Co. Decibel Posts Record Performance Of Cannabis Derivative Products, Upsizes Authorized Overdraft


Cannabis Co. Decibel Posts Record Performance Of Cannabis Derivative Products, Upsizes Authorized Overdraft
Flower Figures
During the fourth quarter of 2020, the cannabis producer supported advancements of various tools to boost yields in its Creston, British Columbia-based cultivation facility. Thanks to that, the company saw a 61% improvement in total harvested sellable cannabis flower, reaching 483 kilograms in the quarter.
In the first quarter, across several markets, including Alberta, Ontario, British Columbia, and  Saskatchewan, Decibel was the number one brand in premium flower sales, holding 8.4% of the market share.
"We are expanding our market share in the high growth premium flower, concentrate, and vape categories, through our commitment to quality, innovation, and creating choice for customers." Cody Church, Interim CEO of Decibel said in a statement. "We continue to execute on our strategic plan with two significant inflection points coming – the launch of our premium cannabis 2.0 products and increasing our flower capacity from 1,800 kg to 9,000 kg over this year."

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