DB:CC - Decibel Announces Results of AGM

Canada NewsWire

CALGARY, AB , July 6, 2023 /CNW/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, announces the results of its annual general meeting of shareholders ("Shareholders") held on July 5, 2023 (the "Meeting").

Shareholders approved all matters submitted by the Company for consideration at the Meeting.

At the Meeting, Shareholders:

Notwithstanding his election, Mr. Wilson received more votes "withheld" than "for". As a result, immediately following the Meeting and in accordance with the Company's majority voting policy, Mr. Wilson tendered his conditional resignation to the Company's board of directors for their consideration (the "Board"). The Board has ninety (90) days to consider such resignation and will notify the Shareholders of the outcome of such consideration in due course by press release.

Decibel is a consumer-focused cannabis company focused on delivering products that delight consumers through a commitment to robust innovation and product quality. Leading brands General Admission, Qwest, and Vox are among its portfolio sold both across Canada and beginning to extend towards new countries to create a global footprint. Decibel operates a processing and manufacturing facility in Calgary, Alberta , and two cultivation facilities in Creston, British Columbia , and Battleford, Saskatchewan .

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Decibel Cannabis Company Inc.

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