Core Viewpoint - Decibel Cannabis Company Inc. has announced a conditional sale agreement for its property in Creston, British Columbia, and plans to consolidate its cannabis cultivation operations into its facility in Battleford, Saskatchewan, aiming to enhance operational efficiency and long-term profitability [1]. Group 1: Sale Agreement Details - The sale price for the Creston property is approximately $2,500,000, with proceeds allocated to repay part of the company's term debt [1]. - The consolidation of the cultivation facility is expected to generate annual cost savings of $4 million [1]. Group 2: Operational Strategy - The consolidation aligns with the company's focus on optimizing its operating footprint and supporting disciplined, profitable growth [1]. - The company aims to improve production efficiency by concentrating operations into fewer, higher-utilized facilities, thereby reducing complexity and strengthening its cost structure [1]. Group 3: Financial Impact - The transaction is anticipated to strengthen the company's balance sheet and improve production efficiency without impacting revenue outlook [1]. - The consolidation is expected to enhance the company's ability to support brand growth in Canada and its global export business [1].

Core Viewpoint - Decibel Cannabis Company Inc. has granted 11,537,223 stock options to its officers and employees as part of its long-term compensation and employee retention program, with each option exercisable at a price of $0.10 per share, reflecting the closing price on February 10, 2026 [1]. Group 1 - The stock options will vest in three equal annual installments on January 1 in 2027, 2028, and 2029, and will expire on February 10, 2031 [1]. - Decibel is a market leader in premium cannabis and extract manufactured products, focusing on innovation and product quality [1]. - The company operates a processing and manufacturing facility in Calgary, Alberta, and has cultivation facilities in British Columbia, Saskatchewan, and Ontario [1]. Group 2 - Decibel's brands, including General Admission, Qwest, and Standard Issue, are sold across Canada and are beginning to expand into new international markets [1]. - The company emphasizes its commitment to delivering products that delight customers through robust innovation [1].

Core Viewpoint - Decibel Cannabis Company has successfully closed a $61 million credit facility with ATB Financial, which will enhance its financial position and support future growth initiatives [1]. Financing Highlights - The financing includes a $40 million First Lien Term Facility, a $10 million Revolving First Lien Credit Facility, and an $11 million Second Lien Term Facility, collectively aimed at reducing 2026 payment obligations by $5 million and extending debt maturities to February 2030 [1]. - The First Lien Term Facility replaces a previous facility due in January 2027, allowing for normal course principal repayments and a bullet repayment at maturity [1]. - The Revolving First Lien Credit Facility provides immediate access to $3 million, with additional funds available upon meeting certain conditions [1]. Financial Position - The company is now free cash flow positive and has no material near-term debt maturities, positioning it well for continued leadership in the Canadian cannabis market and international expansion [1]. - The return on investment from the AgMedica acquisition exceeds 50% annualized, indicating strong potential for further growth and value creation [1]. Strategic Goals - The financing will enable Decibel to pursue corporate development initiatives and strengthen its balance sheet, allowing for further opportunities to scale and become a leading global cannabis company [1]. - The company operates multiple facilities across Canada and is beginning to extend its reach into international markets [1].