How to Format a Carbon Date to get the Full Month
$date1 = '2020-03-05';
$date2 = Carbon::parse($date1)->format('d F y');
dd($date2);
If I understood you correctly:
Carbon\Carbon::parse($quotation[0]->created_at)->format('d F Y')
By the way, I found it in php date docs, Carbon uses it to generate date. https://www.php.net/manual/function.date