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Decibel Cannabis initiated with a Hold at TD Securities

TD Securities analyst Derek Lessard initiated coverage of Decibel Cannabis (DBCCF) with a Hold rating and C$0.10 price target Decibel was an early innovator in vapes and infused pre-rolls with strong market share in both categories, but its share has eroded materially over the last two years due to increased competition, the analyst tells investors.

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