CALGARY,
AB, Sept. 22, 2023 /CNW/ - Decibel Cannabis
Company Inc. (the "Company" or "Decibel") (TSXV: DB)
(OTCQB: DBCCF), a market leader in premium cannabis and
extract manufactured products, is pleased to announce that it has
engaged the services of ICP Securities Inc. ("ICP") to provide
market-making services, with the objectives of correcting temporary
imbalances in the supply and demand for, and improving the
liquidity of, the Company's common shares. Decibel is equally as
pleased to announce it has engaged the services of Global One Media
Limited ("Global One Media") to manage its social media channels,
including the distribution of interviews, company news, and other
similar services.
Under the market-making agreement, ICP will receive compensation
of $7,500 per month. The agreement is
for an initial term of four months and will renew for additional
one-month terms unless terminated. The agreement may be terminated
by either party upon 30 days' notice. There are no performance
factors contained in the agreement and ICP will not receive shares
or options as compensation. ICP and the Company are unrelated and
unaffiliated entities.
Commenting on the Global One Media engagement, Bastien Boulay, CEO of Global One Media said,
"with the vast majority of young adults turning to social media for
investment advice, we are thrilled to be able to introduce and
enhance Decibel's exposure to Millennial and Gen Z investors in
particular, who typically consume investment information on digital
channels such as YouTube, TikTok, Spotify or Instagram. By
presenting the information in a way that is relevant to them and
easy to digest and understand, we aim to help Decibel develop a
dynamic online following across all their social media
channels.
Under its agreement with Decibel, Global One Media will receive
compensation of USD $3,700 per month.
The agreement is for an initial term of twelve months. The
agreement may be terminated by Decibel upon 30 days' notice. There
are no performance factors contained in the agreement and Global
One Media will not receive shares or options as compensation.
Global One Media and the Company are unrelated and unaffiliated
entities.
About ICP
ICP is a Toronto based CIRO
dealer-member that specializes in market making and liquidity
provision. Established in 2023, with a focus on market structure,
execution and trading, ICP has leveraged its own proprietary
technology to deliver high quality liquidity provision and
execution services to a broad array of public issuers and
institutional investors.
About Global One Media
Global One Media is an innovative investor-focused digital
marketing agency solving the needs of publicly traded companies. We
deliver creative and effective solutions for digital market
awareness and brand positioning across all industries, specializing
in investor engagement and growth marketing for listed and pre-IPO
companies. Using their 'Stocks To Watch' global network and
community-driven channels, they help public companies dominate
their sector amid the digital and social media landscape, tell
their story in an engaging manner, and reach millions of investors
around the world. Global One Media's Canadian office address
is located at Suite 1500, 1155 Metcalfe Street, Montreal, QC H3B 2V6, and is wholly owned by
Bastien Boulay.
About Decibel
Decibel is a consumer-focused cannabis company focused on
delivering products that delight customers through a commitment to
robust innovation and product quality. Leading brands General
Admission, Qwest, and Vox are among its portfolio sold both across
Canada and beginning to extend
towards new countries to create a global footprint. Decibel
operates a processing and manufacturing facility in Calgary, Alberta, and two cultivation
facilities in Creston, British
Columbia, and Battleford,
Saskatchewan.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Global One Media does not have any interest, directly or
indirectly, in the Company or its securities, or any right or
intent to acquire such an interest. Global One Media may provide
additional services in the future.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/decibel-engages-icp-securities-inc-as-its-market-maker-and-global-one-medias-social-media-services-301935720.html
SOURCE Decibel Cannabis Company Inc.