Business
Decibel Announces Corporate Update on Market Share and Upcoming Product Launches
Decibel Announces Corporate Update on Market Share and Upcoming Product Launches ...
About this update from Decibel Cannabis Company Inc
[{"type":"text","content":"\n \n \n \n Decibel Announces Corporate Update on Market Share and Upcoming Product Launches\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n \n \n \n \n \n \n PR Newswire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Oct. 15, 2021\n \n /PRNewswire/ - Decibel Cannabis Company Inc. (the \"Company\" or \"Decibel\") (TSX-V: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to provide an update on its recent Canadian recreational market share, and upcoming product launches in its three major markets –\n \n British Columbia\n \n ,\n \n Alberta\n \n , and\n \n Ontario\n \n – in addition to\n \n Saskatchewan\n \n and\n \n Manitoba\n \n .\n \n \n \n \n \n \n \n \n \n \"We remain focused on capturing additional market share through the strength of our brands, industry-leading product quality and continued innovation to meet cannabis consumer's evolving preferences\" said\n \n Paul Wilson\n \n , Chief Executive Officer of Decibel. \"We are closing out 2021 with strong momentum, as we fully realize the impact of our 2021 growth initiatives\".\n \n \n \n Market Share\n \n \n \n \n #9 largest LP by Canadian recreational market share, with 3.1% in September\n \n \n Strong market share across BC, AB, SK, ON in\n \n September 2021\n \n \n 1,2\n \n :\n \n \n #2 brand in premium flower sales with a 9.0% market share\n \n \n #2 brand in concentrate sales with a 12.9% market share\n \n \n #3 brand in vape sales with a 12.9% market share\n \n \n \n \n Successful Product Listings & Upcoming Launches\n \n \n \n Decibel continues to drive innovation within the recreational market, focusing on consumer insights to shape selection of product offerings, cannabinoid profiles, formulations, and flavours. In its Q2 2021 financial results, Decibel ave...