Decibel Cannabis Co Inc. Announces Key Corporate Developments

Decibel Cannabis Co Inc. (TSXV: DB), a vertically integrated cannabis company headquartered in Calgary, Alberta, disclosed two significant corporate actions on 11 February 2026. The company granted a substantial pool of stock options to officers and employees and reported the successful closing of a $61 million credit facility with ATB Financial.

Stock Option Grants

On 10 February 2026, effective after market close, Decibel announced the issuance of 11,537,223 stock options under its existing stock option plan. The options are exercisable at $0.10 per share, corresponding to the closing price of Decibel shares on the TSX Venture Exchange on 10 February 2026.

  • Vesting Schedule – The options vest in three equal annual installments on 1 January of 2027, 2028, and 2029.
  • Expiration – Options expire on 10 February 2031.
  • Purpose – The grant is part of the company’s long‑term compensation and employee retention program.

Credit Facility Closure

On 10 February 2026, Decibel reported the successful closing of a $61 million credit facility with ATB Financial. The facility is intended to support the company’s expansion plans, including the development of new cultivation facilities and the scaling of its manufacturing and distribution capabilities. The terms of the facility, including interest rate, maturity, and covenants, were not disclosed in the announcement.

Company Profile

  • Industry – Pharmaceuticals (Cannabis)
  • Primary Exchange – TSX Venture Exchange (TSXV: DB)
  • Currency – CAD
  • Market Capitalisation – CAD 51,917,504 (as of 5 February 2026)
  • Stock Performance – Close price 0.09 CAD (5 February 2026); 52‑week high 0.145 CAD (29 October 2025); 52‑week low 0.05 CAD (7 April 2025).
  • Price‑Earnings Ratio – 3.54
  • Operations – Decibel operates a processing and manufacturing facility in Calgary, cultivation facilities in Creston (British Columbia) and Battleford (Saskatchewan), and an EUGMP‑licensed facility in Chatham (Ontario).
  • Brands – General Admission, Qwest, and Standard Issue.
  • Strategic Focus – The company emphasizes premium cannabis and extract products, customer experience, and global expansion.

Forward‑Looking Statements

The company’s releases contain forward‑looking statements regarding its business plans, global footprint, and product innovation. These statements are subject to risks and uncertainties that could cause actual results to differ materially. The company does not undertake to update these statements unless required by law.

Sources: Decibel Cannabis Co Inc. press releases, 10 February 2026 and 11 February 2026; company’s public filings.