Decibel Reports 400% Dried Flower Market Growth And Expansion To UK, Australia, Israel And Germany
Canadian cannabis brand Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF) announced Monday that its flower strategy has exceeded its expectations. The Calgary-headquartered marijuana operator also provided a corporate update.
This July, the company announced a refocus on its dried flower consumer, along with a reorganization of its processing across various facilities. The preliminary results of these initiatives indicate a positive trend and although these efforts are still in their early stages, the company anticipates the successful reception will continue.
“We are excited by the overwhelmingly positive feedback we have received from Provincial boards, retailers, budtenders and consumers of our reposition of QWEST dried flower and pre-roll products,” stated CRO Adam Coates. “We are delivering on the promise to provide great quality product at an exceptional value to the flower consumer in Canada. Equally important, as demand is outpacing our current supply, we have established a plan to allow us to satisfy the great demand for our product in Canada while meeting the needs of our international partners in Australia, Israel, UK and Germany.”
Decibel …