Decibel Touts 500% Revenue Spike For First Half Of 2020

Cannabis manufacturer and retailer Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCFreported Friday it has achieved positive cash flow “for the first time” during the second quarter.

Over the same period, its net revenue increased by 17% to $5.9 million.

The net revenue for the first six months of 2020 amounted to roughly $11 million, up by around 500%.

Moreover, it’s first-quarter earnings report revealed its revenue ten-folded over the year.

The Calgary, Alberta-based company said that revenue growth could be attributed to the development of …

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