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Decibel Cannabis acquires AgMedica, plans private placement

Canadian licensed producer Decibel Cannabis Company Inc. (TSXV: DB) (OTCQB: DBCCF) said Monday that it acquired AgMedica Bioscience Ltd. for a C$6.3 million unsecured convertible debenture. The transaction adds AgMedica’s EU GMP and IMC-GAP certified annual flower production capacity of 5.1 metric tons per annum, bringing Decibel’s total exportable flower …