Business
Decibel Announces Record Market Share in November and General Admission Brand Entering the Top 10 Largest Brands in Canada
Decibel Announces Record Market Share in November and General Admission Brand Entering th...
About this update from Decibel Cannabis Company Inc
[{"type":"text","content":"\n \n \n \n Decibel Announces Record Market Share in November and General Admission Brand Entering the Top 10 Largest Brands in Canada\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 Canada NewsWire\n \n \n \n \n \n CALGARY, AB\n \n ,\n \n Dec. 7, 2021\n \n /CNW/ - Decibel Cannabis Company Inc. (the \"Company\" or \"Decibel\") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to provide an update on its recent Canadian recreational market share and brand performance.\n \n \n \n \n \n \n \n \n \n \"We continue to capture additional market share and execute against our strategic plan by developing strength within our brand portfolio, creating industry-leading product quality and innovation\" said\n \n Paul Wilson\n \n , Chief Executive Officer of Decibel. \"As we navigate a period of complexity within global and regional supply chains, we remain on track to close out 2021 with strong momentum and the realization of our 2021 growth initiatives\".\n \n \n \n National Market Share\n \n 1\n \n \n \n \n \n #8 largest LP by Canadian recreational market share, with a record 3.3% in November\n \n \n The Canadian recreational market has grown from approximately\n \n $279 million\n \n to\n \n $330 million\n \n from January to\n \n November 2021\n \n \n \n \n Decibel's market share has grown from 2.6% to 3.3% over the same period\n \n \n \n #10 largest brand (General Admission) by Canadian recreational market share, with a record 2.1% in November\n \n \n \n \n Market Share in Decibel's Major Markets\n \n 1\n \n \n \n \n \n #8 largest LP by recreational market share, with a record 4.0% in November\n \n \n \n #2 brand in premium flower sales with a 11.0% market share\n \n 2\n \n \n \n #2 brand in concentrate sales with a 9...