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Decibel Cannabis Company Reports Impressive Q2 Growth

Decibel Cannabis Company Inc. has recently published its financial results for the second quarter ending June 30, 2026, highlighting remarkable achievements that showcase its robust market position and strategic initiatives. The company’s revenue surged to record levels, marking a 19% increase year-over-year and reaching an impressive $35.6 million. This achievement is largely attributed to both domestic and international market expansion, reflecting the company's commitment to growth in the rapidly evolving cannabis sector.

Financial Highlights

In the second quarter of 2026, Decibel reported notable financial metrics:

• - Net Revenue: $35.6 million, up by 19% compared to the previous year.
• - International Sales: A staggering increase of 72%, achieving $10.6 million in international sales, indicating the effectiveness of the company's international strategy.
• - Adjusted EBITDA: Recorded at $7.8 million, representing a 24% increase year-over-year.
• - Free Cash Flow: Reached $4.9 million, a remarkable 122% growth from the last year.

The impressive performance underlines Decibel’s strong operational momentum, effectively converting international demand into substantial revenue gains.

Strategic Growth Outlook

As the company moves forward into the latter half of the year, it has revised its financial guidance for the full year 2026, projecting net revenue in the range of $132 to $137 million, an increase from an earlier range of $130 to $135 million. Additionally, Decibel expects adjusted EBITDA to range between $28 million and $32 million.

The company attributes its optimistic outlook to the anticipated impacts from improved timelines for permits in international markets, especially Germany, which is expected to accelerate growth significantly as Decibel fulfills its backlog of orders.

Operational Developments

Domestically, Decibel's sales grew by 6%, led by enhancements in its product line, particularly the Standard Issue brand, and noticeable market traction in the pre-roll product segment. The company is strategically poised to expand its offerings across various brands, which will enhance its market coverage and further drive sales.

On the international front, Decibel achieved key milestones, including securing major reorder agreements for GMP-extracted products and onboarding a significant number of GACP cultivators, enhancing its operational capacity.

Share Consolidation and Future Initiatives

In an effort to bolster its market presence, Decibel has announced plans for a share consolidation of fifteen pre-consolidated common shares for each post-consolidated share. This consolidation aims to improve the share price and make the company's shares more appealing to institutional investors, thereby enhancing market liquidity and reducing volatility.

Alongside this, Decibel is also contemplating a Normal Course Issuer Bid (NCIB), which it views as a constructive use of capital, further maximizing returns for shareholders. The impending share consolidation is expected to take place on or about September 1, 2026.

Conclusion

Overall, Decibel Cannabis Company is demonstrating strong growth and an optimistic outlook as it prepares to expand both its domestic and international presence in the cannabis industry. With a solid financial performance, innovative strategies in product offerings, and strategic share management initiatives, Decibel is well-positioned to navigate the competitive landscape and continue its upward trajectory in 2026 and beyond. As the company strengthens its operational capabilities and market presence, it remains focused on delivering value to its shareholders while maintaining its vision of becoming a leader in the global cannabis market.