Decibel Cannabis Company (TSE:DB) has released an update.
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Decibel Cannabis Company reported a net revenue of $24.1 million for the third quarter of 2024, reflecting a 9% sequential growth despite a challenging market environment. The company achieved a gross margin of 53% and a positive free cash flow of $1.8 million, showcasing effective strategies in response to increased competition and changes in consumer preferences.
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