
Cannabis producer Decibel Cannabis Company Inc. (TSXV:DB) (OTCQB:DBCCF), has closed its previously announced financing with connectFirst Credit Union Ltd. in respect of $54 million of debt capital over an initial 5-year term.
The committed amount is comprised of $40.5 million of term debt, a $6 million authorized overdraft secured against government receivables, and an accordion line of $7.5 million.