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Decibel Receives Sales Amendment for Extraction Facility
Decibel Receives Sales Amendment for Extraction Facility Canada NewsWire CALGARY...
About this update from Decibel Cannabis Company Inc
[{"type":"text","content":"\n\n\n\nDecibel Receives Sales Amendment for Extraction Facility\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, AB, July 13, 2020\n\n\n\nWith the receipt of the sales amendment, Decibel is able to sell flower and derivative cannabis products to provincial wholesalers and retailers\n CALGARY, AB, July 13, 2020 /CNW/ - 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. \n\n \n \n \n \n \n \n\n \n\"The ability to manufacture and sell cannabis 2.0 products, in addition to our dried flower, enables Decibel to establish a new revenue stream by expanding production into high margin derivative products,\" said Benjamin Sze, CEO of Decibel. \"Within the Qwest brand portfolio, we are able to meet the consumer's ever evolving needs while giving priority placement of these products at our retail stores, Prairie Records.\"\n\"Our brand portfolio contains three clearly defined brands – Blendcraft by Qwest, Qwest, and Qwest Reserve\" said Adam Coates, Chief Growth Officer of Decibel. \"These brands offer consumers a range of products and price points that are tailored to fit the different life occasions where they indulge in cannabis. At every level of our business, we're committed to delivering high quality products and experiences \"Beyond the Ordinary\". \nQwest Product Strategy\nThe sales amendment unlocks the potential of Decibel's brands (Blendcraft by Qwest, Qwest and Qwest Reserve) and allows the Company to:\ncontinue to launch trendsetting strains that deliver on THC and terpenes (...