Decibel

Decibel Announces Results of Annual Meeting

Friday, June 11, 2021 - 1:00pm

CALGARY,AB, June 11, 2021 /PRNewswire/ -Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce the results of its annual general meeting of shareholders held on June 10, 2021 (the "Meeting").

Key Points: 
  • CALGARY,AB, June 11, 2021 /PRNewswire/ -Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to announce the results of its annual general meeting of shareholders held on June 10, 2021 (the "Meeting").
  • Decibel's shareholders approved all matters submitted by the Company for consideration at the Meeting.
  • Due to the special circumstances arising from the global COVID-19 pandemic, and following the guidance of local health authorities for social distancing, Decibel encouraged shareholders to vote in advance of the Meeting using the instructions provided in the Notice of Meeting and Management Informational Circular and Proxy Statement.
  • The Company also provided remote access to the Meeting via an audio webinar.

Decibel Announces Closing of Amendment to Commitment Letter and Timing of First Quarter Results on May 27

Friday, May 14, 2021 - 1:00pm

Decibel has three operating production houses along with its wholly owned retail business, Prairie Records.

Key Points: 
  • Decibel has three operating production houses along with its wholly owned retail business, Prairie Records.
  • The Qwest Estate in Creston, BC is a licensed and operating 26,000 square foot cultivation space which produces the widely championed, rare cultivar-focused brands Qwest and Qwest Reserve, which are sold in six provinces across Canada.
  • Thunderchild Cultivation, is a licensed and operating 80,000 square foot indoor cultivation facility in Battleford, SK.
  • The Plant, Decibel\'s extraction facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space.

Decibel Therapeutics Reports First Quarter 2021 Financial Results and Corporate Update

Thursday, May 13, 2021 - 10:05pm

In early 2021, we announced encouraging preclinical results on our lead gene therapy program, DB-OTO, for the treatment of people with otoferlin deficiency.

Key Points: 
  • In early 2021, we announced encouraging preclinical results on our lead gene therapy program, DB-OTO, for the treatment of people with otoferlin deficiency.
  • We also established a critical cGMP manufacturing and development relationship with Catalent,\xe2\x80\x9d said Laurence Reid, Ph.D., Chief Executive Officer of Decibel.
  • Additionally, Decibel completed its Initial Public Offering (IPO) of 7,662,000 shares of common stock at a public offering price of $18.00 per share.
  • However, while Decibel may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so.

Decibel Announces Record Year End Results, Strong Net Revenue Growth of 51% from Prior Quarter and 2nd Consecutive Period of Positive Adjusted EBITDA

Wednesday, April 14, 2021 - 1:00pm

Decibel has three operating production houses along with its wholly owned retail business, Prairie Records.

Key Points: 
  • Decibel has three operating production houses along with its wholly owned retail business, Prairie Records.
  • The Thunderchild Cultivation Facility, is a licensed and operating 80,000 square foot indoor cultivation facility in Battleford, SK.
  • The Plant, Decibel\'s extraction, processing and manufacturing facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space.
  • Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release.

Decibel Therapeutics to Present at the 20th Annual Needham Virtual Healthcare Conference

Thursday, April 8, 2021 - 1:00pm

BOSTON, April 08, 2021 (GLOBE NEWSWIRE) -- Decibel Therapeutics (Nasdaq: DBTX), a clinical-stage biotechnology company dedicated to discovering and developing transformative treatments to restore and improve hearing and balance, today announced that Laurence Reid, Ph.D., Chief Executive Officer of Decibel, will present at the Needham Virtual Healthcare Conference on Thursday, April 15, 2021 at 4:30 pm ET.

Key Points: 
  • BOSTON, April 08, 2021 (GLOBE NEWSWIRE) -- Decibel Therapeutics (Nasdaq: DBTX), a clinical-stage biotechnology company dedicated to discovering and developing transformative treatments to restore and improve hearing and balance, today announced that Laurence Reid, Ph.D., Chief Executive Officer of Decibel, will present at the Needham Virtual Healthcare Conference on Thursday, April 15, 2021 at 4:30 pm ET.
  • A live webcast of the presentation may be accessed by visiting the Investors and Media section of the Decibel Therapeutics website at https://ir.decibeltx.com .
  • An archived replay of the webcast will be available on the Companys website for approximately 90 days following the presentation.
  • Decibel has built a proprietary platform that integrates single-cell genomics and bioinformatic analyses, precision gene therapy technologies and expertise in inner ear biology.

Decibel Therapeutics Reports Fourth Quarter and Full Year 2020 Financial Results and Corporate Update

Monday, March 29, 2021 - 9:05pm

BOSTON, March 29, 2021 (GLOBE NEWSWIRE) -- Decibel Therapeutics (Nasdaq: DBTX), a clinical-stage biotechnology company dedicated to discovering and developing transformative treatments to restore and improve hearing and balance, today reported financial results for the fourth quarter and full year ended December 31, 2020 and provided a corporate update.

Key Points: 
  • BOSTON, March 29, 2021 (GLOBE NEWSWIRE) -- Decibel Therapeutics (Nasdaq: DBTX), a clinical-stage biotechnology company dedicated to discovering and developing transformative treatments to restore and improve hearing and balance, today reported financial results for the fourth quarter and full year ended December 31, 2020 and provided a corporate update.
  • The past nine months have been a strong period of execution for Decibel as we accomplished several key milestones.
  • Fourth Quarter and Full Year 2020 Financial Results:
    Cash Position: As of December 31, 2020, cash, cash equivalents and available-for-sale securities were $54.3 million, compared to $32.3 million as of December 31, 2019.
  • However, while Decibel may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so.

Decibel Announces Net Revenue Increases of 29% from Prior Quarter, First Period of Positive Adjusted EBITDA and Results of Annual Meeting

Wednesday, November 25, 2020 - 1:00pm

As of September 30, 2020, Decibel was in compliance with all of its financial covenants and expects to remain in compliance for the remainder of its twelve-month forecast period.

Key Points: 
  • As of September 30, 2020, Decibel was in compliance with all of its financial covenants and expects to remain in compliance for the remainder of its twelve-month forecast period.
  • Decibel is also pleased to announce that its shareholders approved all matters submitted by the Company for consideration at its annual and special meeting of shareholders held yesterday, November 24, 2020 (the "Meeting").
  • Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences.
  • Decibel has three production houses operating or under development along with its wholly owned retail business, Prairie Records.

Decibel Electronics Releases its Best Tech Holiday Gift Guide; Takes on Apple, Bose and Sony!

Wednesday, November 11, 2020 - 1:38pm

BUFFALO, N.Y., Nov. 11, 2020 /PRNewswire/ -- Decibel Electronics is excited to announce the release of it's Best Tech Holiday Gift Guide.Give the tech lover in your life the gift of personal audio and video for this holiday season - for less.

Key Points: 
  • BUFFALO, N.Y., Nov. 11, 2020 /PRNewswire/ -- Decibel Electronics is excited to announce the release of it's Best Tech Holiday Gift Guide.Give the tech lover in your life the gift of personal audio and video for this holiday season - for less.
  • This year Decibel Electronics Best Tech Holiday Gift Guide; takes on Apple, Bose and Sony!
  • The Decibel Atmosphere DA earbud is extremely affordable individually or as a gift at a sale price of only $59.99 at DecibelElectroncis.com .
  • Decibel Electronics is an eCommerce retailer founded in 2017 and is owned by parent company Intergalactic Deals LLC.The Decibel Electronics staff has over two decades of international sourcing and retail experience.

Decibel Atmosphere is the Best Tech Developed During the Pandemic That Also Challenges Apple Airpods at $100 Less

Wednesday, September 23, 2020 - 1:43pm

BUFFALO, N.Y., Sept. 23, 2020 /PRNewswire/ -- Decibel Electronics is proud to announce the release of the Decibel Atmosphere DA earbuds .

Key Points: 
  • BUFFALO, N.Y., Sept. 23, 2020 /PRNewswire/ -- Decibel Electronics is proud to announce the release of the Decibel Atmosphere DA earbuds .
  • The Decibel Atmosphere DA earbuds provide an affordable solution for any student or home working setting.
  • The Decibel Atmosphere DA earbud is extremely affordable individually or as a gift at an early launch price of $59.99 at DecibelElectronics.com .
  • The Decibel Electronics staff has over two decades of international sourcing and retail experience.

Decibel Releases Second Quarter Results Highlighting Positive Developments with Launch of Cannabis 2.0 Products

Friday, August 28, 2020 - 1:00pm

On May 22, 2020, Decibel entered into an agreement to amend its credit agreement with ATB Financial.

Key Points: 
  • On May 22, 2020, Decibel entered into an agreement to amend its credit agreement with ATB Financial.
  • Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences.
  • Decibel has three production houses operating or under development along with its wholly owned retail business, Prairie Records.
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    SOURCE Decibel Cannabis Company Inc.