DECIBEL CANNABIS CO INC by Decibel Cannabis Co Inc. Financials - Benzinga

DECIBEL CANNABIS CO INC by Decibel Cannabis Co Inc.

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DECIBEL CANNABIS CO INC by Decibel Cannabis Co Inc. Financials

DECIBEL CANNABIS CO INC by Decibel Cannabis Co Inc. (DBCCF) financial statements — income, revenue, gross margin and key metrics.

Earnings & Guidance News

Are You Missing Out On This NASDAQ-Listed Weed Stock? Low-Cost Model Meets European Demand

Beyond Canada, this global cannabis company is focused on its international business, particularly in Germany, Australia, and the UK.

Nicolás Jose Rodriguez

Decibel Cannabis: One Acquisition Could Be The Key To Unlocking $20M In Cash Flow

Decibel, a leading Canadian pre-roll franchise, may trade closer to larger market-cap cannabis stocks, according to analyst Pablo Zuanic.

Nicolás Jose Rodriguez

Canadian Cannabis Co. Decibel Reports 12% YoY Drop In Q3 Revenue But Increases Gross Margin To 53%

Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) announced on Thursday its unaudited interim financial results for the third quarter ending Sept. 30, 2024. "Decibel has been very deliberate about reducing our current liabilities, by ~5mm this quarter," CEO Benjamin Sze said. "Maintaining discipline over time will result in a stronger balance sheet. This marks the last quarter where our primary focus is on Canadian domestic recreational sales. While we continue to integrate AgMedica into our portfolio, it is encouraging to see significant demand internationally for Decibel flower."

Jelena Martinovic

Canada's Cannabis Market Goes Cold, Pot Prices Hit Bottom: Why Top Producers Are Losing Ground

Amid this slowdown, certain products capture consumer interest, even as prices stabilize and competition intensifies.

Nicolás Jose Rodriguez

Decibel's $10M Strategy: How It Could Enhance Your Canadian Cannabis Portfolio

Decibel, the Canadian cannabis powerhouse, holds a market valuation that senior analyst Pablo Zuanic finds compelling in his recent note.

Nicolás Jose Rodriguez

Decibel Cannabis Reports 22% YoY Decrease In Q2 Net Revenue, Plans To Benefit With New Product Launches

Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) reported on Wednesday its unaudited interim financial results for the second quarter ending June 30, 2024. "Decibel has shown good discipline in reducing our current liabilities by ~5mm this quarter," Benjamin Sze, Decibel's CEO, said. "Market share has been challenged but early indications from Qwest relaunch suggest we will regain market share in flower. A continued focus on execution and capital efficiency will serve as the platform for future growth." The company reported net revenue of CA$22.1 million ($16.1 million), down from CA$28.5 million in the prior year's period, representing a 22% year-over-year drop. Its first quarter report published this past April revealed a 16% year-over-year revenue drop to CA$21 million and an adjusted net loss of CA$3.5 million.

Jelena Martinovic