Ewing Morris Launches Cash Tender Offer for Decibel Cannabis Shares at 16.4% Premium

Key Facts

1Ewing Morris announced an all-cash offer to acquire up to 2,617,801 shares of Decibel Cannabis Company Inc. at $1.91 per share.

2The purchase price represents an approximate 16.4% premium over the 20-day volume-weighted average price.

Ewing Morris announced an all-cash offer to acquire up to 2,617,801 shares of Decibel Cannabis Company Inc. at a price of $1.91 per share. Newsfile Corp reported that the tender offer is intended to acquire a significant minority stake to provide liquidity to the company's shareholders.

The proposed purchase price represents an approximate 16.4% premium over the 20-day volume-weighted average price as of October 16, 2026. This offer follows a period where Decibel shares declined approximately 52% over the five years ending October 16, 2026, amid broader sector underperformance relative to the S&P/TSX Composite Index.