Decibel Cannabis Co Inc (DBCCF)

[BlueGreenPower]

Added 13K before they stopped filling me. Looks like they dropped it on just a couple of small sells. MM's are punishing sellers, which is good for longs, and bad for anyone desperate to cash out.

Why anyone would want to sell on the cheap a cannabis company that just reported $5M in revenues is a mystery to me. Plus the Q2 numbers could be substantially better with record cannabis sales in Canada over the last few months. Also the CEO just reported that two new stores would be opening soon in a recent interview. If so they will have 6 stores generating revenues during Q3 & Q4.

To me this seems like a small amount of desperation selling to pay the bills possibly due to job/income losses related to the pandemic. A sad but true fact of life for some these days. For others it's a buying opportunity if you can get filled during the dips. Congrats on getting filled G544, it's not easy to do these days. gl

https://www.newswire.ca/news-releases/c-suite-at-the-open-benjamin-sze-ceo-decibel-cannabis-company-tells-his-company-s-story-filmed-in-may-2020-806460417.html