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Wednesday, November 25, 2020 9:38:31 AM
https://www.prnewswire.com/news-releases/decibel-announces-net-revenue-increases-of-29-from-prior-quarter-first-period-of-positive-adjusted-ebitda-and-results-of-annual-meeting-301180547.html
To me this looks like a excellent report. Record revenues of $7.6M, positive adjusted EBITDA ($860K), and $780K in new concentrate revenues in just one month of lab operations during the quarter. Plus their average wholesale flower price went up ($8.68), when many LP's are going down. Maybe this will finally open investors eyes to Decibel's ongoing achievements in the ultra-premium sector. imho gl
Posts are my opinion only, and not advice of any kind. glta
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