CALGARY, AB, Oct. 21, 2021 /CNW/ - October 21, 2021 – Decibel Cannabis Company
Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a
premium cannabis producer, is pleased to announce 6 new products
available for retailers in Ontario
today, including two new flower cultivars.
"We are incredibly excited to launch 6 new products for our
retail partners in Ontario and
consumers to enjoy" said Paul
Wilson, Decibel CEO." This is the start of the roll out of
our much anticipated new set of cultivars launching in Ontario, British
Columbia, Alberta and
Saskatchewan over the next 6
weeks. With the ramp up of our Thunderchild Cultivation
facility in full effect we are bringing meaningful innovation and
variety in dried flower and derivative products for retailers and
consumers."
Flower
With all of Decibel's flower and pre-roll cultivar offerings now
fully listed in all its major markets, these new cultivar launches
are the start of Decibel's full product rotational strategy.
Alongside listing objectives now being complete, the Thunderchild
Cultivation facility has achieved run-rate production while
maintaining Qwest's high-quality standards, and strongly positions
Decibel's flower strategy with enough volume to meet demand as
additional cultivars are being introduced over the coming
weeks.
Decibel's two new cultivar drops in Ontario from the Thunderchild Cultivation
facility:
- Qwest Papaya Cake jarred flower (Papaya x Wedding
Cake) with 29.1% THC
- Qwest Papaya Cake pre-rolls (Papaya x Wedding Cake)
with 25.7% THC
- Qwest Banana OG jarred flower (Banana x OG Kush x
Trophy Wife) with 29.7% THC
Papaya Cake and Banana OG are available for licensed
Ontario retailers to order today
and will be available for consumers to purchase next week at their
local licensed retailer or on OCS.ca. These cultivars will become
available in British Columbia,
Alberta and Saskatchewan in November.
Derivatives
The Company continues to drive innovation and execute its
premiumization strategy with vape and concentrate offerings, now
launching its first solventless product in market under Pressed by
Qwest. In addition to this new product format, Decibel is launching
a new flavour of its distillate vape line up and expanding its
Kootenay Fruit live resin vape distribution into Ontario, which has seen strong demand in
Western Canada.
- Pressed by Qwest Sunset MAC solventless cold cured
rosin with 84.3% total cannabinoids and 12.4% total terpenes
- General Admission Strawnana distillate vape in two
size formats
- General Admission Kootenay Fruit live resin vape in a
trial size, 0.45g format
These General Admission and Pressed by Qwest products are
available for licensed Ontario
retailers to order today and will be available for consumers to
purchase next week at their local licensed retailer or on OCS.ca.
They will be available for Alberta
retailers to order this Friday, October
22nd from the AGLC.
Link to Decibel's Investor Presentation
About Decibel
Decibel is uncompromising in the process and craftsmanship
needed to deliver the highest quality cannabis products and retail
experiences. Decibel has three operating production houses along
with its wholly owned retail business, Prairie Records. The Qwest
Estate in Creston, BC is a
licensed and operating 26,000 square foot cultivation space which
produces the widely championed, rare cultivar-focused brands Qwest
and Qwest Reserve, which are sold in six provinces across
Canada. Thunderchild Cultivation,
is a licensed and operating 80,000 square foot indoor cultivation
facility in Battleford, SK. The
Plant, Decibel's extraction facility, in Calgary, AB has 15,000 square feet of Health
Canada licensed extraction and product development space. This
production house will fuel the growth of our brands Qwest, Qwest
Reserve, Blendcraft, and General Admission, into new and innovative
product formats like concentrates, vapes, edibles and beyond.
www.decibelcc.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Cautionary Statements
Forward Looking Information
This news release contains "forward-looking information" and
"forward-looking statements" (collectively, "forward-looking
statements") within the meaning of the applicable Canadian
securities legislation. All statements, other than statements of
historical fact, are forward-looking statements and are based on
expectations, estimates and projections as at the date of this news
release. Any statement that involves discussions with respect to
predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always
using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans",
"budget", "scheduled", "forecasts", "estimates", "believes" or
"intends" or variations of such words and phrases or stating that
certain actions, events or results "may" or "could", "would",
"might" or "will" be taken to occur or be achieved) are not
statements of historical fact and may be forward-looking
statements.
In this news release, forward-looking statements relate to,
among other things, the Company's business plans and strategies,
anticipated product launches, including the timing and location of
the same and the Company's ability to grow Qwest, Qwest Reserve and
Blendcraft brands into new and innovative product formats,
variations and its other business plans and expectations.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. Such factors include, but are not
limited to: risks relating to delays, regulatory changes and
impacts, capital requirements, construction impacts, displacement
requirements and unforeseen requirements resulting from the
COVID-19 pandemic, the ability to obtain and maintain licences to
retail cannabis products; review of the Company's production
facilities by Health Canada and maintenance of licences (including
any amendments thereto) from Health Canada in respect thereof;
future legislative and regulatory developments involving cannabis;
inability to access sufficient capital from internal and external
sources, and/or inability to access sufficient capital on
favourable terms; the labour market generally and the ability to
access, hire and retain employees; general business, economic,
competitive, political and social uncertainties; the satisfaction
of conditions precedent under the Company's credit facilities;
timing and completion of construction and expansion of the
Company's production facilities and retail locations; and the delay
or failure to receive board, regulatory or other approvals,
including any approvals of the TSX Venture Exchange, as applicable.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on the forward-looking
statements and information contained in this news release.
These forward-looking statements are made as of the date of
this press release and, except as required by law, the Company
assumes no obligation to update the forward-looking statements or
beliefs, opinions, projections, or other factors, should they
change.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/decibel-announces-the-launch-of-6-new-products-including-two-new-cultivars-from-thunderchild-cultivation-facility-301405528.html
SOURCE Decibel Cannabis Company Inc.