02:24:25 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Decibel Cannabis Company Inc
Symbol DB
Shares Issued 409,039,066
Close 2023-09-21 C$ 0.155
Market Cap C$ 63,401,055
Recent Sedar Documents

Decibel Cannabis hires ICP for market-making services

2023-09-22 09:44 ET - News Release

Mr. Bastien Boulay of Global One Media reports

DECIBEL ENGAGES ICP SECURITIES INC. AS ITS MARKET MAKER AND GLOBAL ONE MEDIA'S SOCIAL MEDIA SERVICES

Decibel Cannabis Company Inc. has engaged the services of ICP Securities Inc. to provide market-making services, with the objectives of correcting temporary imbalances in the supply and demand for, and improving the liquidity of, the company's common shares. Decibel has also engaged the services of Global One Media Ltd. to manage its social media channels, including the distribution of interviews, company news and other similar services.

Under the market-making agreement, ICP will receive compensation of $7,500 per month. The agreement is for an initial term of four months and will renew for additional one-month terms unless terminated. The agreement may be terminated by either party upon 30 days notice. There are no performance factors contained in the agreement and ICP will not receive shares or options as compensation. ICP and the company are unrelated and unaffiliated entities.

Commenting on the Global One Media engagement, Bastien Boulay, chief executive officer of Global One Media, said: "With the vast majority of young adults turning to social media for investment advice, we are thrilled to be able to introduce and enhance Decibel's exposure to Millennial and Gen Z investors in particular, who typically consume investment information on digital channels such as YouTube, TikTok, Spotify or Instagram. By presenting the information in a way that is relevant to them and easy to digest and understand, we aim to help Decibel develop a dynamic on-line following across all their social media channels."

Under its agreement with Decibel, Global One Media will receive compensation of $3,700 (U.S.) per month. The agreement is for an initial term of 12 months. The agreement may be terminated by Decibel upon 30 days notice. There are no performance factors contained in the agreement and Global One Media will not receive shares or options as compensation. Global One Media and the company are unrelated and unaffiliated entities.

About Decibel Cannabis Company Inc.

Decibel is a consumer-focused cannabis company focused on delivering products that delight customers 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.

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