CALGARY, AB — February 25, 2026 — Leads & Copy — Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) has entered into a conditional sale agreement to sell its property in Creston, British Columbia, and consolidate its cannabis cultivation facility on the property.
The sale price for the property will be approximately $2.5 million. The company will use the proceeds to repay a portion of its recently announced term debt.
Decibel Cannabis Company Inc. will consolidate the facility’s operations into the company’s other cultivation site in Battleford, Saskatchewan.
Ben Sze, Chief Executive Officer of Decibel, said the sale and consolidation align with the company’s focus on operational efficiency and long-term profitability.
Sze said this is a proactive step to further optimize their operating footprint and support disciplined, profitable growth. Sze added that by concentrating production into fewer, higher utilized facilities, they improve efficiency, reduce complexity and strengthen their cost structure. He also thanked the team in Creston for their contributions.
The company anticipates the transaction will:
- Generate $4 million in cost savings annually.
- Have no impact on the company’s revenue outlook.
- Improve production efficiency through higher utilization across remaining assets.
- Strengthen the company’s balance sheet.
The transaction is subject to standard closing conditions and is anticipated to close in April 2026.
Decibel is a consumer-focused cannabis company in the Canadian adult-use market, built on brands including General Admission, Qwest and Standard Issue. Decibel operates a processing and manufacturing facility in Calgary, Alberta, a cultivation facility in Battleford, Saskatchewan, and an EU GMP licensed cultivation and processing facility in Chatham, Ontario.
Source: Decibel Cannabis Company Inc.
