/CORRECTION — Decibel Cannabis Company Inc./
In the news release, Decibel to Sell its Retail Cannabis Stores to FIKA, issued 22-Mar-2024 by Decibel Cannabis Company Inc. over PR Newswire, we are advised by the company that the 1st paragraph should read “to Fire and Flower Inc., a wholly-owned subsidiary of 2759054 Ontario Inc. dba FIKA (“FIKA”), “rather than” to 2759054 Ontario Inc . dba FIKA (“FIKA”), ” as originally issued inadvertently. The complete, corrected release follows:
Decibel to Sell its Retail Cannabis Stores to FIKA
CALGARY, AB, March 22, 2024 /CNW/ – Decibel Cannabis Company Inc. (the “Company“or”Decibels“) (TSXV: DB) (OTCQB: DBCCF), a market leader in premium cannabis and extract manufactured products, is pleased to announce that it has entered into a binding agreement for the sale of the assets of its brick-and-mortar retail cannabis operations (“Prairie Records“) to Fire and Flower Inc., a wholly-owned subsidiary of 2759054 Ontario Inc. dba FIKA (“FIKA“), for approximately $3.0 million (the “Transactions“). Prairie Records is comprised of three cannabis stores in Alberta and three cannabis stores in Saskatchewan.
“Decibel remains committed to our core mission of delivering exceptional cannabis