Will Shares Pop on Record Second Quarter Results?

Will Shares Pop on Record Second Quarter Results?

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, August 17, 2023

This leading consumer-focused cannabis company is focused on delivering products that delight customers through a commitment to robust innovation and product quality — and they just announced record net revenue, market share and free cash flow. Decibel Cannabis Company Inc.  (TSX-V: DB) (OTCQB: DBCCF) announced its interim financial results for the three and six month periods ending June 30, 2023 in a press release today.

CEO Paul Wilson had this to say, "Our strong second quarter sequential net revenue growth, driven by demand for our core products and international exports, continues to exceed our publicly-stated targets."  

With a focus on an innovative product strategy, the firm’s leading brands include General Admission, Qwest, and Vox are sold both across Canada and beginning to extend towards new countries to create a global footprint. Canadian shares closed Wednesday trade at $0.145.


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