CALGARY,
AB, April 10, 2024 /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 closed
the previously disclosed sale of the assets of its brick-and-mortar
retail cannabis operations ("Prairie Records") to Fire &
Flower Inc., a wholly-owned subsidiary of 2759054 Ontario Inc.
d.b.a FIKA, for approximately $3.0
million. Prairie Records is comprised of three cannabis
stores in Alberta and three
cannabis stores in Saskatchewan.
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.
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SOURCE Decibel Cannabis Company Inc.