DECIBEL CANNABIS COMPANY INC
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Benjamin Sze
- Full Time Employees
- 171
- Sector
- Health technology
- Industry
- Pharmaceuticals: other
- Address
- 140 - 4th Avenue SW Calgary AB Canada T2P 3N3
- IPO Date
- Mar 4, 2019
- Website
- decibelcc.com
- Similar Companies
- Business
- Decibel Cannabis Company Inc. is a consumer-focused cannabis company specializing in the production, processing, and sale of premium cannabis and extract-manufactured products. Its core product portfolio includes premium cannabis flower, cannabis pre-rolls, vape cartridges in closed-loop and all-in-one formats, cannabis-infused edibles, concentrates, water-soluble oils, and powders. The company operates three cultivation facilities and a processing and manufacturing center designed to meet EU GMP standards, enabling both domestic Canadian distribution and global exports. Decibel's main brands include General Admission, Qwest, and Vox, with products distributed across Canada and expanding into international markets such as Israel, Australia, and the United Kingdom. Founded in 2017 and headquartered in Calgary, Alberta, Decibel Cannabis pursues a strategy focused on innovation, quality, and ready-to-consume cannabis products. A significant recent development is the acquisition of AgMedica Bioscience Ltd. in Q4 2024, which added an EU GMP-certified facility and the licensed cannabis nursery GreenSeal Nursery Ltd. This acquisition substantially enhances Decibel’s international export capabilities and supports its commitment to global product distribution. In 2025, Decibel expanded its international footprint by entering into a supply and trademark license agreement with Keren Tirk Ltd. to distribute General Admission branded medical cannabis flower in Israel. The company also advanced its international sales into Australia and the UK markets with regulatory authorizations for vape and flower products. Decibel reported strong financial performance in 2025, including a 37% year-over-year increase in net revenue for the third quarter, driven largely by international sales and modest growth in Canadian recreational sales. Despite regulatory hurdles related to import limits in Germany affecting the launch of new products, Decibel remains confident in its long-term earnings potential and anticipates a full-year revenue of approximately USD 115 million. The company has also restructured certain sales contracts impacting net revenue recognition but views these as temporary adjustments. Decibel continues to optimize its SKU portfolio and distribution partnerships to strengthen its competitive position in the evolving global cannabis market.
Company News
Decibel Comments on Tender Offer by Ewing Morris for up to 6.8% of Common Shares at $1.91 per Share
Ewing Morris Announces Premium All-Cash Offer to Acquire Shares of Decibel Cannabis Company Inc.
Decibel Announces Leadership Update
Decibel Accelerates UK Positioning with Launch of its General Admission and Standard Issue Brands in Partnership with Hilltop Leaf
Decibel Announces Commencement of Trading Following its 15:1 Share Consolidation
Decibel Reports Second Quarter 2026 Results: Revenue Grows 19% YoY to Record $36 Million, Raises Full Year Outlook, Announces 15:1 Share Consolidation and Anticipated Normal Course Issuer Bid
Decibel to Announce Second Quarter 2026 Financial Results on August 20, 2026
Decibel Reports First Quarter 2026 Results: Quarterly Revenue Grows 41% YoY to $30 Million, Issues Q2 2026 Guidance
Decibel to Announce First Quarter 2026 Financial Results on May 21, 2026
Decibel Reports Full-Year and Fourth Quarter 2025 Results: Revenue Grows 22% to $113 Million, Issues 2026 Guidance
Decibel to Announce Fourth Quarter 2025 Financial Results on April 16, 2026
Decibel Announces Sale of Creston Property and Consolidation of Cultivation Facilities
Decibel Announces Stock Option Grants
Decibel Announces Closing of $61 Million Credit Facility with ATB Financial
Decibel Announces Results of Annual and Special Meeting of Shareholders
Decibel Reports Third Quarter 2025 Financial Results
Decibel to Announce Third Quarter 2025 Financial Results on November 19, 2025
Decibel Delivers Strong Revenue Growth and Profitability in Second Quarter
Decibel Announces First Quarter Results
Decibel Announces Year End and Fourth Quarter Results, 2025 Guidance