Decibel Cannabis Co Inc (DBCCF): Solid quarter from Decibel Cannabis, say...

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BlueGreenPower

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Monday, 11/22/2021 1:22:29 PM

Monday, November 22, 2021 1:22:29 PM

Solid quarter from Decibel Cannabis, says Raymond James

Calgary-based Decibel Cannabis Company (Decibel Cannabis Stock Quote, Charts, Financials, News CVE:DB) just delivered third quarter earnings which registered top and bottom line beats of estimates from Raymond James analyst Rahul Sarugaser, and Sarugaser reviewed the results in an update to clients on Thursday where he reiterated his “Outperform 2” rating for the stock.

https://www.cantechletter.com/2021/11/solid-quarter-from-decibel-cannabis-says-raymond-james/

Liking the analysts projection of $96 million in 2022, with a EV/Revenue of 1.4x. Numbers big cannabis companies would love to have, and maybe they could for the right price :) Happy to see Raymond James remains bullish on Decibel :) glta

https://mjbizdaily.com/concentrates-vapes-dominant-among-heavy-cannabis-users/

Posts are my opinion only, and not advice of any kind. glta