Decibel Cannabis Co Inc (DBCCF)

[BlueGreenPower]

**NEWS** Decibel Announces First Quarter Results with Record $27.1 Million of Net Revenue, $6.8 Million of Adjusted EBITDA, and $0.01 of Adjusted EPS

"We've started the year off with another strong quarter that represents both significant year over year acceleration as well as sequential growth." said Paul Wilson, CEO of Decibel. "Our New, Unique and Innovative products, assortments and formats continue to resonate with both new and existing customers. This provides ample momentum as we approach a number of material and additional catalysts this summer, when we expect to build market share and brand position in Canada, and in turn continue to leverage our business internationally".

https://finance.yahoo.com/news/decibel-announces-first-quarter-results-120000707.html

Hey GreenIves!!!! Happy to see another record setting quarter from the Decibel Team. Especially liking Decibel at #3 in market share. Only two spots left to reach the top!!!!

Looks like they sold close to half a million dollars a day in Decibel products according to my math. That's pretty wild considering they were a brand new company with half built facilities just a few years ago. DB was smart and focused on the automated production of concentrates with repeatable high quality results and the strong effects customers want. Looks like it's paying off in a big way with rapidly improving gross margins!!!! Like :) Congrats to the team on another record setting quarter. Good Luck GreenIves & GLTA :)

Decibel Cannabis keeps Outperform rating with Raymond James

https://www.cantechletter.com/2023/05/decibel-cannabis-keeps-outperform-rating-with-raymond-james/#