Strategic Supply Agreement Bolsters Decibel's Presence In UK And European Cannabis Markets
Portfolio Pulse from Nicolás Jose Rodriguez
Decibel Cannabis Company Inc. (OTCQB:DBCCF) has signed a supply agreement with UK-based 4C LABS, a firm specializing in cannabis-based medicinal products. The 3-year deal will see Decibel provide its premium dried medical cannabis flower, branded as Qwest, exclusively to 4C LABS for distribution to medical cannabis patients in the UK. The partnership is expected to strengthen Decibel's foothold in the UK and European markets.
August 31, 2023 | 1:33 pm
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Decibel's new supply agreement with 4C LABS could strengthen its presence in the UK and European markets, potentially leading to increased revenues.
The supply agreement with 4C LABS allows Decibel to distribute its products in the UK, potentially leading to increased sales and revenues. This could positively impact the company's stock price in the short term.
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