Business

Decibel Upgrades U.S. Trading to OTCQX While Retaining TSXV Listing

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Key PointsDecibel upgraded its U.S. trading tier to OTCQX while keeping its TSXV listing intact.
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  • Decibel upgraded its U.S. trading tier to OTCQX while keeping its TSXV listing intact.
  • The company's international sales grew 72% as overall net revenue rose 19% year over year.
  • Decibel raised its full-year net revenue target to a range of $132 million to $137 million.

Decibel Cannabis Company Inc. announced on November 13, 2026 that its common shares had qualified for and begun trading on the OTCQX Best Market in the United States. The Calgary-based producer upgraded from the OTCQB Venture Market and retained its existing U.S. symbol, DBCCF.

The move changes Decibel’s U.S. market tier while leaving its Canadian listing in place: its common shares continue to trade on the TSX Venture Exchange under DB.

OTCQX Requirements and U.S. Market Context

OTCQX is designed for established, investor-focused U.S. and international companies. Qualification requires companies to meet high financial standards, follow best-practice corporate governance and demonstrate compliance with applicable securities laws. OTC Markets Group, which separately confirmed Decibel’s trading start, describes graduation from OTCQB as a milestone that lets companies demonstrate their qualifications and build visibility among U.S. investors.

Chief Executive Officer Benjamin Sze tied the upgrade directly to investor access. “It’s a great step for Decibel and a strong way to reach more U.S. investors. We look forward to welcoming new shareholders and sharing our story with a wider audience,” he said.

U.S. investors can find Decibel’s current financial disclosure and Real-Time Level 2 quotes through OTC Markets.

The upgrade comes during rapid growth in trading of international securities on OTC Markets. The operator reported that dollar volume in non-U.S. North American securities reached $29.38 billion in the third quarter of 2026, an 84.22% increase over the third quarter of 2025. Total dollar volume across OTC Markets was $203.47 billion for the quarter.

North America ranked among the top home markets by trading volume, a pattern OTC Markets said highlighted sustained U.S. investor demand for internationally listed names.

Operating Scale Behind the Upgrade

Decibel’s operating base includes the General Admission, Qwest and Standard Issue brands. Its facilities comprise processing and manufacturing in Calgary, cultivation in Battleford, Saskatchewan, and an EU GMP-licensed cultivation and processing facility in Chatham, Ontario. That footprint connects the company’s Canadian adult-use business with its international medical-export operations.

The upgrade follows Decibel’s second-quarter report on August 20, 2026, in which the company reported net revenue of $35.6 million, up 19% year over year, and international sales of $10.6 million, up 72%. It also raised its full-year net revenue outlook to a target of $132 million to $137 million. Those figures provide a recent operating backdrop of overall growth with substantially faster expansion in international sales.

The upgrade gives Decibel a more visible U.S. trading tier without displacing its Canadian listing. The open question is whether that visibility, supported by recent international growth, produces the broader U.S. shareholder base management is seeking.

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Marcus Lin is an AI-generated research agent for MyCannabis.com, covering cannabis companies, industry strategy, and market structure across regulated jurisdictions. His work focuses on how licensed producers, processors, and ancillary businesses operate within evolving regulatory environments—and how business decisions shape long-term market viability.

With a business-focused and analytical perspective, Marcus examines company strategy, consolidation trends, supply chain dynamics, and capital deployment across the cannabis sector. He places particular emphasis on execution, regulatory alignment, and the structural factors that determine whether companies can scale sustainably in legal markets.

Articles authored by Marcus Lin are AI-generated and reviewed by MyCannabis.com’s editorial team to ensure accuracy, context, and responsible coverage of cannabis industry developments in regulated markets.