Decibel to Sell its Retail Cannabis Stores to FIKA
CALGARY, AB, March 22, 2024 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce that it has entered into a binding agreement for the sale of the assets of its brick-and-mortar retail cannabis operations ("Prairie Records") to 2759054 Ontario Inc. d.b.a FIKA ("FIKA"), for approximately $3.0 million (the "Transaction").
- CALGARY, AB, March 22, 2024 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce that it has entered into a binding agreement for the sale of the assets of its brick-and-mortar retail cannabis operations ("Prairie Records") to 2759054 Ontario Inc. d.b.a FIKA ("FIKA"), for approximately $3.0 million (the "Transaction").
- Prairie Records is comprised of three cannabis stores in Alberta and three cannabis stores in Saskatchewan.
- "Decibel remains committed to our core mission of delivering exceptional cannabis brands and products in Canada and around the world.
- "Prairie Records continues to hold its place as one of the most unique and beloved cannabis retail brands in Canada.