Decibel Cannabis Co Inc (DBCCF)

[BlueGreenPower]

**NEWS** Decibel Announces Third Quarter Results with Record Level Positive Net Income, Adjusted Net Income and Adjusted EBITDA

"Our third quarter results coupled with another record market share month to start the fourth quarter continue to demonstrate our focus in achieving our 2022 operational outlook", said Paul Wilson, CEO of Decibel. "With highly successful recent product launches, the demand we are experiencing has been tremendous and provides opportunity for material growth for Decibel. The continued progress by our productivity initiatives alongside another period of record gross profit position us well to deliver on this demand and drive further profitability, as we track towards a strong fourth quarter to end 2022."

https://finance.yahoo.com/news/decibel-announces-third-quarter-results-130000013.html

Hey GreenIves!!!! Loving the record $28 million in product sales with increasing margins.Puts them over $100 million annual run rate for the first time. Not surprising if you've been watching DB consistently dominate the Headset Top 10 Vapes in Ontario for months now. Decibel's General Admission Vapes also hold the #1 and #2 spots in Alberta, and BC. The #1 Vape in all three provinces is GA's Peach Ringz, which is a testament to DB's consumer research team.

Liking the recent news of Decibel product shipped to Israel. Smart establishing a European Union supply chain before they go recreational. Also liking DB attracting new board members from brand name companies with capital market connections. Cody did a great job successfully growing the company through a pandemic. Looking forward to a record Q4 GreenIves!!!! GLTA :)

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