Decibel Cannabis Co Inc (DBCCF)

[BlueGreenPower]

**NEWS** Decibel Announces $54 Million Debt Refinancing with connectFirst, Increasing its Access to Debt by $20 Million

"With this refinancing, Decibel has added financial flexibility to optimize its capital structure and is well positioned to continue to execute its aggressive growth strategy" said Stuart Boucher, Chief Financial Officer of Decibel. "This transaction reflects the strong position Decibel has established in the Canadian cannabis market and the continued confidence from connectFirst and our team in the execution of the Company's strategic plan".

https://www.prnewswire.com/news-releases/decibel-announces-54-million-debt-refinancing-with-connectfirst-increasing-its-access-to-debt-by-20-million-301461027.html

Glad to see DB replacing its convertible debt with lower interest conventional financing. Like that DB's books supported increased access to capital through traditional financing without dilution. Congrats to the DB team for keeping their finances in good shape :) always imho glta