An anonymous director reports
DECIBEL ANNOUNCES COMMENCEMENT OF TRADING FOLLOWING ITS 15:1 SHARE CONSOLIDATION
Decibel Cannabis Company Inc.'s previously announced consolidation of its issued and outstanding common shares on the basis of one postconsolidation common share for every 15 preconsolidation common shares is now effective as of markets open on Sept. 1, 2026.
The share consolidation was previously approved by the company's shareholders at the company's annual and special meeting held on Dec. 11, 2025, and was announced by the company in its news release dated Aug. 20, 2026. The company has obtained final acceptance of the TSX Venture Exchange in respect of the share consolidation, and the share consolidation is effective as of today, Sept. 1, 2026. Trading of the common shares on a postconsolidation basis on the TSX-V are expected to commence at market open today. No fractional common shares were issued in connection with the share consolidation, with any fraction of a common share rounded down to the nearest whole number.
(Please see previous news releases for details.)
About Decibel Cannabis Company Inc.
Decibel is a consumer-focused cannabis company with a strong foundation in the Canadian adult-use market, built on leading brands including General Admission, Qwest and Standard Issue.
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