Decibel Cannabis: One Acquisition Could Be The Key To Unlocking $20M In Cash Flow
Decibel Cannabis (OTC:DBCCF) is poised for significant growth, as outlined in a recent report by Zuanic & Associates, which highlights Decibel’s robust cash flow generation as a key strength.
With a projected free cash flow (FCF) of $20 million for 2025, the company boasts a significant FCF yield of 54%.
“With a leading franchise in Canadian pre-rolls (the category is as big as Flower in Canada rec now)…we believe Decibel should trade more in line with the larger market cap LP stocks (especially with debt leverage projected below 1.4x for next year),” senior analyst Pablo Zuanic wrote in the report.
- Get Benzinga’s exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter here. You can’t afford to miss out if you’re serious about the business.
Market Trends, Decibel’s Performance
The Canadian recreational cannabis market saw an improvement in October and November, with a year-over-year increase of 6.7%. However, Decibel continued to experience significant sales declines, dropping …