Decibel Cannabis Company Inc
XTSX:DB
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Decibel Cannabis Company Inc
Glance View
Decibel Cannabis Co., Inc. is a cannabis company, which engages in the cultivation, processing, and sale of cannabis flower products. The company is headquartered in Calgary, Alberta. The company went IPO on 2019-01-09. The firm has assets across the cannabis value chain, with an emphasis on engaging cannabis retail and product brands. The firm invests in building its manufacturing facilities. The firm is an owner of several brands, such as Qwest, Prairie Records and BlendCraft. Prairie Records is a retail concept that merges recreational cannabis and music. The Qwest brand provides Wonder Qwest, Zest Qwest, Vision Qwest, Ice Qwest and Spirit Qwest. BlendCraft is created using only flower and trichome-coated sugar leaf from Qwest’s collection of cultivars.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
