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Bullboard - Stock Discussion Forum Decibel Cannabis Company Inc V.DB

Alternate Symbol(s):  DBCCF

Decibel Cannabis Company Inc. is a Canada-based consumer-focused cannabis company. The Company is focused on premium cannabis flower, vape, cannabis infused, and concentrate products, created through a vertically integrated business model. Its brands General Admission, Qwest, and Vox are among its portfolio, sold across Canada. The principal products produced and sold by the Company are ultra... see more

TSXV:DB - Post Discussion

Decibel Cannabis Company Inc > More upside than downside? i would think
View:
Post by QcTrader on Jun 03, 2023 11:36am

More upside than downside? i would think

Either we go from 0.13c to 0$ 

Or we go from 0.13c to a few dollars. 

What will it be? 

Top 2 LP by market share. One of the only profitable canadian lean-operations. 

The very big question we need to ask is...... Will they be capable of refinancing their debt? 

If you look at the relationship of $DB and ConnectFirst (credit-union)... it goes all the way back to 2020. 

30 dc. 2020 --- $30 Million Debt Financing from Connect First Credit Union
14 janv. 2022 — Decibel Announces $54 Million Debt Refinancing with connectFirst

So whats gonna happen next? 

Based on their earnings, EBITDA, profit margin improvement and so on...... not to mention market share.... i would speculate that ConnectFirst will provide the necessary flexibility to make DB a Canadian Cannabis Leader.

Comment by Blackberry5 on Jun 08, 2023 1:18pm
they don't require refinancing for 3 years from now.
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