Mr. Benjamin Sze reports

DECIBEL BEGINS TRADING ON THE OTCQX MARKET

Decibel Cannabis Company Inc. has qualified to trade on the OTCQX Best Market in the United States. Decibel upgraded to OTCQX from the OTCQB Venture Market and the company began trading on OTCQX today under its existing symbol DBCCF. The company's common shares will continue to trade on the TSX Venture Exchange under the symbol DB.

The OTCQX is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet certain financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

"We're excited to begin trading on the OTCQX," said Benjamin Sze, chief executive officer of Decibel. "It's a great step for Decibel and a strong way to reach more U.S. investors. We look forward to welcoming new shareholders and sharing our story with a wider audience."

U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

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. The company focuses on disciplined innovation, consistent product quality and strong brand execution. Alongside its leadership position in Canada, Decibel is a significant and growing participant in international cannabis markets. Decibel operates a processing and manufacturing facility in Calgary, Alta., a cultivation facility in Battleford, Sask., and an EU GMP (European Union good manufacturing practice) licensed cultivation and processing facility in Chatham, Ont.

We seek Safe Harbor.