Decibel Cannabis

Decibel Cannabis

A leading player in Canada's booming cannabis industry. Learn more

Launch date
Employees
Market cap
€19.1m
Enterprise valuation
€48m (Public information from Sep 2024)
Calgary Alberta (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
CAD2020202120222023202420252026
Revenues29.9m52.5m79.3m119m92.6m108m119m
% growth380 %75 %51 %50 %(22 %)16 %10 %
EBITDA(3.5m)9.7m3.4m27.5m17.5m23.3m24.1m
% EBITDA margin(12 %)18 %4 %23 %19 %22 %20 %
Profit(9.2m)1.7m(4.5m)1.5m5.2m14.7m-
% profit margin(31 %)3 %(6 %)1 %6 %14 %-
EV / revenue0.8x1.1x0.5x0.8x0.7x0.5x0.2x
EV / EBITDA-7.0x6.1x11.9x3.6x3.5x2.3x1.1x
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DateInvestorsAmountRound
N/A

N/A

IPO
*

$15.0m

Post IPO Equity

$54.0m

Post IPO Debt
Total Funding-

Recent News about Decibel Cannabis

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More about Decibel Cannabisinfo icon
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Decibel Cannabis Company is dedicated to pushing the boundaries of quality in the cannabis industry. Specializing in the cultivation, extraction, and branding of premium cannabis products, Decibel serves discerning consumers who seek top-tier cannabis experiences. Operating primarily in the Canadian market, the company boasts a portfolio of brands including Qwest, BlendCraft, Prairie Records, and General Admission. Each brand is crafted with a focus on superior quality, utilizing small-batch growing techniques and hand-selected strains to ensure exceptional aroma, flavor, and effect. Decibel's business model revolves around producing high-quality cannabis products and selling them through various retail channels, both directly and through partnerships. Revenue is generated from the sale of these premium products, which are marketed under distinct brands to cater to different consumer preferences. The company operates several production houses, including The Plant, Thunderchild Cultivation, and The Qwest Estate, which are integral to its commitment to craftsmanship and quality.

Keywords: premium cannabis, cultivation, extraction, craftsmanship, Qwest, BlendCraft, Prairie Records, General Admission, small-batch, Canada.