About Decibel Cannabis
Decibel Cannabis is a company based in Calgary (Canada) founded in 2008.. Decibel Cannabis has completed 2 acquisitions, including AgMedica Bioscience and Canndara. Decibel Cannabis offers products and services including Qwest, BlendCraft, General Admission, and VOX. Decibel Cannabis operates in a competitive market with competitors including RAMM Pharma, Protonify and Siam Stix Ventures, among others.
- Headquarter Calgary, Canada
- Stage Public
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Decibel Cannabis Company Inc
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Annual Revenue
$64.32 M (USD)-12.89as on Dec 31, 2024
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Net Profit
$6.57 M (USD)634.46as on Dec 31, 2024
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EBITDA
$-2.54 M (USD)43.97as on Dec 31, 2024
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Latest Funding Round
$2 M (USD), Post-IPO
Nov 04, 2024
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
AgMedica Bioscience
& 1 more
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IPO & Listings of Decibel Cannabis
Decibel Cannabis is a publicly listed company on the TSXV with ticker symbol DB in Canada, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Decibel Cannabis
Decibel Cannabis offers a comprehensive portfolio of products and services, including Qwest, BlendCraft, General Admission, and VOX. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Premium cannabis products emphasizing quality cultivation and extraction
Crafted cannabis blends for diverse consumer preferences
Accessible cannabis options focusing on everyday use
Innovative cannabis products for targeted wellness applications
Funding Insights of Decibel Cannabis
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $2.0M
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First Round
First Round
(19 Apr 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Post-IPO - Decibel Cannabis | Valuation |
investors |
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| Oct, 2019 | Amount | Debt – Conventional - Decibel Cannabis | Valuation |
investors |
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| Jan, 2019 | Amount | Post-IPO - Decibel Cannabis | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Decibel Cannabis
Decibel Cannabis has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AgMedica Bioscience and Canndara. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cannabis products are retailed by Canndara in Edmonton, Canada.
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2017 | ||||
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Cannabis-based therapeutics are provided for multiple disorders.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Decibel Cannabis
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Decibel Cannabis Comparisons
Competitors of Decibel Cannabis
Decibel Cannabis operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RAMM Pharma, Protonify and Siam Stix Ventures, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Plant-derived cannabinoid-based pharmaceutical products are developed and supplied.
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| domain | founded_year | HQ Location |
Production and distribution of biological cannabinoids are conducted.
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| domain | founded_year | HQ Location |
Serves as a contract manufacturer specializing in cannabis products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Decibel Cannabis
Frequently Asked Questions about Decibel Cannabis
When was Decibel Cannabis founded?
Decibel Cannabis was founded in 2008 and raised its 1st funding round 10 years after it was founded.
Where is Decibel Cannabis located?
Decibel Cannabis is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
What is the annual revenue of Decibel Cannabis?
Annual revenue of Decibel Cannabis is $64.32M as on Dec 31, 2024.
What does Decibel Cannabis do?
Decibel Cannabis was founded in 2008 and is based in Calgary, Canada. Operations are centered on the production of cannabis products within the cannabis sector. Manufacturing and distribution activities are conducted to supply various cannabis goods. The companys online presence is maintained through decibelcc.com, supporting its regional focus in Canada.
Who are the top competitors of Decibel Cannabis?
Decibel Cannabis's top competitors include RAMM Pharma, Protonify and Siam Stix Ventures.
What products or services does Decibel Cannabis offer?
Decibel Cannabis offers Qwest, BlendCraft, General Admission, and VOX.
Is Decibel Cannabis publicly traded?
Yes, Decibel Cannabis is publicly traded on TSXV under the ticker symbol DB.
How many acquisitions has Decibel Cannabis made?
Decibel Cannabis has made 2 acquisitions, including AgMedica Bioscience, and Canndara.
What is Decibel Cannabis's ticker symbol?
The ticker symbol of Decibel Cannabis is DB on TSXV.