An anonymous director reports

DECIBEL ANNOUNCES RESULTS OF AGM

Decibel Cannabis Company Inc. has released the results of its annual general meeting of shareholders held on July 5, 2023.

Results of the meeting

Shareholders approved all matters submitted by the company for consideration at the meeting.

At the meeting, shareholders:

1. Fixed the number of directors of the company to be elected at the meeting at five directors;
2. Elected each of Shawn Dym (chairman), Manjit Minhas, Nadia Vattovaz, Jakob Ripshtein and Paul Wilson to serve as directors of the company;
3. Appointed KPMG LLP as the company's auditor.

Notwithstanding his election, Mr. Wilson received more votes withheld than for. As a result, immediately following the meeting and in accordance with the company's majority voting policy, Mr. Wilson tendered his conditional resignation to the company's board of directors for its consideration. The board has 90 days to consider such resignation and will notify the shareholders of the outcome of such consideration in due course by press release.

About Decibel Cannabis Company Inc.

Decibel is a consumer-focused cannabis company focused on delivering products that delight consumers through a commitment to robust innovation and product quality. Leading brands General Admission, Qwest and Vox are among its portfolio sold both across Canada and beginning to extend toward new countries to create a global footprint. Decibel operates a processing and manufacturing facility in Calgary, Alta., and two cultivation facilities in Creston, B.C., and Battleford, Sask.