TLRY - Flip Your Pre-Roll: 50-50 Odds It's Crafted By This Weed Company Dominating Half Of Canada's Market | Benzinga
In Canada, there's a 50-50 chance that the pre-roll lighting up your day is made by one company: Decibel. Infused pre-rolls have ignited a fiery growth trend, with Decibel stoking the flames and reigning supreme as the king of pre-rolls.
Senior analyst Pablo Zuanic from Zuanic & Associates shines a light on this burgeoning trend in his latest equity research report, emphasizing the unique market dynamics that set Canada apart in the global cannabis landscape.
Decibel's Dominant Stance
Infused pre-rolls are marking a significant uptick in growth, with Decibel Cannabis Co Inc. (DB: CN) (OTC: DBCCF) taking a commanding lead despite the stiff competition.
Decibel has positioned itself as a frontrunner in the infused pre-roll segment, with an impressive 98% of its pre-roll sales derived from this category.
Throughout 2024, the company successfully maintained a market share of over 50%, leveraging its cost advantages to stay ahead in a ...