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Cannabis Movers & Shakers: HempFusion, Decibel, ARCA, Love Hemp, MindMed, Halo

Cannabis Movers & Shakers: HempFusion, Decibel, ARCA, Love Hemp, MindMed, Halo
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Decibel Announces Record First Quarter Results, With Sequential Strong Net Revenue Growth and Adjusted EBITDA of $2MM


Decibel Announces Record First Quarter Results, With Sequential Strong Net Revenue Growth and Adjusted EBITDA of $2MM
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CALGARY, AB, May 27, 2021 /PRNewswire/ - Decibel Cannabis Company Inc. (the Company or Decibel ) (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce its first quarter financial results for the three month period ending March 31, 2021.
Record Market Share Across BC, AB, SK, ON in Q1 2021
1,2:
#1 brand in concentrate sales with a 21.9% market share
#3 brand in vape sales with a 10.0% market share
These exceptional first quarter results are a testament to the strength of our brands, industry-leading product quality and ability to develop and execute an innovative product portfolio that meets the needs of today s cannabis consumer , said Cody Church, Interim CEO of Decibel. Despite significant industry headwinds in the quarter, we delivered on ou ....

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