You do understand that EBITDA is earnings before interest,,and amortization, taxes, depreciation. From this 70-80 mil you deduct interest expense, taxes, depreciation, and amortization. What only matters is free cash flow after these deductions. Depreciation is added back in but still a direct cost. Reducing these notes is key imo opinion key to survive and thrive. Dont forget they paid dearly for StarBuds almost $10 Mil per dispensary plus interest being paid. Not at all bashing but reality and facts. It might be time for GAAP financials being reported instead of non GAAP in which Dye says better reflects the health of company. FWIW, GAAP stands for generally accepted accounting principals while Dye has chosen. With GAAP I do not think the messy q. would have happened with interest. However derivatives would have.
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