Decibel to Announce Second Quarter Results on August 16
Rhea-AI Summary
Decibel Cannabis Company Inc. (DBCCF) is set to release its 2021 second quarter financial results on August 16, 2021, before the market opens. The company emphasizes its commitment to high-quality cannabis production and operates three production facilities along with a retail business, Prairie Records. Notable cultivation spaces include the 26,000 sq ft Qwest Estate in Creston, BC, and the 80,000 sq ft Thunderchild Cultivation in Battleford, SK. The company aims to expand its product offerings into new formats, including edibles and vapes.
Positive
- Scheduled release of Q2 financial results indicates transparency and investor engagement.
- Three production facilities and retail business suggest strong operational capacity.
- Focus on high-quality, rare cultivars positions Decibel favorably in the competitive cannabis market.
Negative
- None.
News Market Reaction – DBCCF
In the trading session that priced this news, DBCCF declined 2.29%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CALGARY, AB, Aug. 11, 2021 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce the Company will release its 2021 second quarter financial results and related management discussion and analysis on August 16, 2021 before markets open.
About Decibel
Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences. Decibel has three operating production houses along with its wholly owned retail business, Prairie Records. The Qwest Estate in Creston, BC is a licensed and operating 26,000 square foot cultivation space which produces the widely championed, rare cultivar-focused brands Qwest and Qwest Reserve, which are sold in six provinces across Canada. Thunderchild Cultivation, is a licensed and operating 80,000 square foot indoor cultivation facility in Battleford, SK. The Plant, Decibel's extraction facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space. This production house will fuel the growth of our brands Qwest, Qwest Reserve, and Blendcraft, into new and innovative product formats like concentrates, vapes, edibles and beyond.
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.