Decibel Cannabis Company Inc. (CVE:DB – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 155512 shares traded. The stock had previously closed at C$0.07. Wall Street Analyst Weigh In Separately, Echelon […]
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CALGARY, AB, May 29, 2024 /PRNewswire/ - Decibel Cannabis Company Inc. , a market leader in premium cannabis and extract manufactured products, is pleased to announce its unaudited interim.
Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF), a maker of premium cannabis and extract manufactured products, announced on Wednesday its unaudited interim financial results for the three months ending March 31, 2024. The Calgary, Alberta-based company reported a year-over-year decrease of 16% in net revenue to $21 million. Benjamin Sze, the company's CEO said that "despite the drop in revenue, we remain one of Canada's top brands by market share." The company boasted a national market share of 6% in the first quarter, placing it as the 4th largest licensed producer in Canada by market share, the company said in a press release.