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Decibel Cannabis Company ( (TSE:DB) ) has issued an update.
Decibel Cannabis Company reported strong financial results for the second quarter of 2025, with a 35% year-over-year increase in net revenue, reaching $29.8 million. This growth was driven by the integration of AgMedica, which significantly boosted international sales, and successful marketing initiatives in Canada. The company’s gross margin improved to 47%, and adjusted EBITDA increased by 60% to $6.3 million, indicating robust operational performance. The company anticipates continued growth in the second half of 2025, with strong international demand and additional contracts expected.
The most recent analyst rating on (TSE:DB) stock is a Buy with a C$0.25 price target. To see the full list of analyst forecasts on Decibel Cannabis Company stock, see the TSE:DB Stock Forecast page.
Spark’s Take on TSE:DB Stock
According to Spark, TipRanks’ AI Analyst, TSE:DB is a Neutral.
The stock score is primarily driven by strong technical analysis and attractive valuation, indicating potential upside. However, the financial performance is moderate with some risks, particularly in leverage and cash flow stability, which tempers the overall score.
To see Spark’s full report on TSE:DB stock, click here.
More about Decibel Cannabis Company
Decibel Cannabis Company Inc. is a market leader in the cannabis industry, specializing in premium cannabis and extract manufactured products. The company focuses on both Canadian recreational sales and expanding its presence in international markets.
Average Trading Volume: 365,725
Technical Sentiment Signal: Buy
Current Market Cap: C$77.85M
Learn more about DB stock on TipRanks’ Stock Analysis page.