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Decibel Cannabis Q1 revenue jumps 41%, international sales triple, EBITDA doubles

Company Fundamentals
21 May 2026
PRNewsWire
View Source
Bullish
pluang ai news

Decibel Cannabis reported a strong Q1 2026 with net revenue up 41% to $30 million, driven by a 330% surge in international sales to $9.6 million and a doubling of adjusted EBITDA to $6.9 million. The company overcame previous challenges with a strengthened balance sheet and expects continued growth, especially in its domestic portfolio during the peak season. Decibel also secured a new $61 million credit facility extending debt maturities to 2030 and announced plans to sell a cultivation property to optimize operations. The outlook for Q2 2026 anticipates net revenue between $33 million and $35 million, with full-year guidance reaffirmed at $130-$135 million in net revenue and $27-$31 million in adjusted EBITDA.

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