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Decibel to Sell its Retail Cannabis Stores to FIKA

Newswire.ca - Fri Mar 22, 3:45PM CDT

CALGARY, AB, March 22, 2024 /CNW/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce that it has entered into a binding agreement for the sale of the assets of its brick-and-mortar retail cannabis operations ("Prairie Records") to 2759054 Ontario Inc. d.b.a FIKA ("FIKA"), for approximately $3.0 million (the "Transaction"). Prairie Records is comprised of three cannabis stores in Alberta and three cannabis stores in Saskatchewan.   

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