Decibel Cannabis Co Inc (DBCCF)

[BlueGreenPower]

**NEWS** Decibel Cannabis Q2 Revenue Increases 12% Sequentially to C$18.6 Million

"Our second quarter results continue to demonstrate that Decibel is on the path we projected in our 2022 operational outlook", said Paul Wilson, Chief Executive Officer of Decibel. "Our New Unique and Innovative product development and revenue generating initiatives have once again produced quarter-over-quarter record performance. This progress has been compounded by our productivity initiatives and record gross profit, now resulting in positive cash flow, putting us on track for another projected milestone."

"With more highlights scheduled for the back half of 2022, Decibel is delivering exactly what we've planned and forecasted to the market, ourselves, and our shareholders."

https://www.newcannabisventures.com/decibel-cannabis-q2-revenue-increases-12-sequentially-to-c18-6-million/

Hey GreenIves!!!! Another record quarter with $26+ million in gross revenue, plus cash flow positive once again. This pushes DB's annual run rate over the $100 million mark with positive guidance of more to come. Happy to hear record level demand has continued into the current quarter, supported by new production equipment to increase supply. Especially like the increasing gross margins as a result of smart investments in The Plant production facility.

Decibel currently has some of the hottest products on the market with their infused pre-rolls and vape carts leading the way. Right now DB has the number one vape cart in Ontario (Strawnana), and four of Ontario's Top 10 carts, according to Headset data. They also have the #1 vape cart in BC (Peach Ringz). Plus General Admission's Honeydew Boba Infused Pre-Rolls are the first infused flower products to make any Top 10 list to my knowledge. Currently #7 in Alberta. Like :) Congrats to the team once again!!!!

Even more to like in this report GreenIves!!!! Good Luck :) glta

https://www.headset.io/the-best-selling-cannabis-products/ontario-vapor-pens