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|Day's Range||0.0710 - 0.0810|
|52 Week Range||0.0255 - 0.3745|
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Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) is pleased to announce that its wholly owned subsidiary, Westleaf Labs LP, has received a sales amendment from Health Canada at its extraction and manufacturing facility, The Plant, located in Calgary, Alberta. The receipt of the sales amendment marks a key milestone for the Company as a fully vertically integrated cannabis business, with the ability to manufacture and sell dried cannabis, cannabis extracts and edible cannabis, as finished packaged products, to provincial wholesalers and retailers.
Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSX-V: DB) (OTCQB: DBCCF) today announced that it will grant, effective June 24, 2020, an aggregate of 16,752,103 stock options (each, an "Option") to certain directors, officers and employees of the Company in accordance with the Company's shareholder approved stock option plan. Each Option is exercisable into one common share in the capital of the Company (each, a "Share") at a price of $0.09 per Share, being the closing price of the Shares on the TSX Venture Exchange on June 23, 2020. This is a normal-course grant that comprises part of the long-term compensation and employee retention incentives provided by the Company. The Options will vest in equal installments on January 1, 2021, January 1, 2022 and January 1, 2023 and will expire on January 1, 2024. The Options represent the first long-term compensation incentive grant to Decibel's directors, officers and employees following the integration of We Grow B.C. Ltd. ("We Grow") and Westleaf Inc. ("Westleaf") in December of 2019.
CALGARY, AB , June 19, 2020 /CNW/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (DB.V) (DBCCF) is pleased to announce its first quarter financial results for the three-month period ending March 31, 2020 . Decibel's financial statements for the three-month period ending March 31, 2020 ("Financial Statements") and related Management's Discussion & Analysis ("MD&A") for the reporting period are available under the Company's profile at www.sedar.com. "We expect to continue to see cost reductions and growth as we operationalize our extraction & manufacturing facility and capture further production efficiencies at our Creston facility."