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Decibel Cannabis Company ( (TSE:DB) ) has issued an announcement.
Decibel Cannabis Company has announced the granting of 21,915,974 stock options to certain officers and employees, as part of its long-term compensation and employee retention incentives program. These stock options, which will expire in 2028, are aligned with the company’s strategy to maintain a motivated workforce, potentially impacting its market position by ensuring sustained operations and innovation in the premium cannabis sector.
More about Decibel Cannabis Company
Decibel Cannabis Company is a consumer-focused cannabis company renowned for its premium products, which captivate customers through innovation and quality. It boasts brands like General Admission, Qwest, and Vox, available across Canada with a growing global presence. The recent acquisition of AgMedica Biosciences has added an EU-GMP-certified facility, enhancing Decibel’s commitment to international standards and global distribution growth. The company operates three cultivation facilities and a processing and manufacturing center, positioning it as a leader in high-quality, globally accessible cannabis products and brands.
YTD Price Performance: 0%
Average Trading Volume: 134,438
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $29.95M
For detailed information about DB stock, go to TipRanks’ Stock Analysis page.