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Monday, May 25, 2020 11:57:41 AM
https://www.newswire.ca/news-releases/decibel-announces-year-end-2019-results-amendment-to-credit-facility-and-extension-of-interim-financial-filings-816908735.html
Glad to see that ATB agreed to amend its credit agreement with Decibel to provide near term financial flexibility for the company. Lender support for operations is hard to find in the current market, so congrats to the Decibel team for getting it done.
Now they can focus on getting the new cultivation and extraction facilities fully operational, along with the new retail stores. Guess we'll have to wait for Q1 numbers to see the full revenues of the combined companies.
Gross price per gram of $11.44 is outstanding compared to many others that have already reported. Now they just need to increase production by getting Thunderchild licensed and producing ASAP. imho glta
Posts are my opinion only, and not advice of any kind. glta
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