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Tuesday, January 18, 2022 12:34:24 PM
"With our debt refinancing now in place, we remain on the offense, growing revenue and closing 2021 with record market share driven through our core focus to elevate our consumer experience through quality combined with new, unique and innovative products" said Paul Wilson, Chief Executive Officer of Decibel. "With a strong foundation established through efforts in 2021, and impactful 2022 catalysts, we are well positioned to continue our strong revenue and market share growth."
https://www.newswire.ca/news-releases/decibel-announces-another-month-of-record-market-share-in-december-886474929.html
Stellar numbers all around!!! #2 brand in Ontario vape sales is outstanding. Fully expect Decibel to be acquired for their market share now that conventional financing is fully in place. To me the next few quarters will determine the selling price along with a reasonable amount of goodwill for building the brands. Would prefer they hit $20M quarterly then sell for 3 to 4 times the annual run rate. Seems reasonable to me :) glta
Posts are my opinion only, and not advice of any kind. glta
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