An anonymous director reports

DECIBEL ANNOUNCES STOCK OPTION GRANT

Decibel Cannabis Company Inc. has granted, effective after market close on June 1, 2023, 4.5 million stock options to the chief executive officer of the company in accordance with the company's stock option plan.

Each option is exercisable for one common share in the capital of the company at a price of 12.5 cents per share, being the closing price of the shares on the TSX Venture Exchange on May 31, 2023. The options will vest in equal instalments on Jan. 1, 2024, Jan. 1, 2025, and Jan. 1, 2026, and will expire on Jan. 1, 2028.

About Decibel Cannabis Company Inc.

Decibel is uncompromising in the process and craftsmanship needed to deliver the highest-quality cannabis products and retail experiences. Decibel has three operating production houses along with its wholly owned retail business, Prairie Records. The Qwest Estate in Creston, B.C., 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, Sask. The Plant, Decibel's extraction facility, in Calgary, Alta., has 15,000 square feet of Health Canada licensed extraction and product development space. This production house will fuel the growth of its brands Qwest, Qwest Reserve and Blendcraft into new and innovative product formats like concentrates, vapes, edibles and beyond.