Choom Holdings Inc C.CHOO

Primary Symbol: CHOOF

Healthcare Cannabis

Choom Holdings Inc. is a Canada-based retail cannabis company, which is established as store networks in Canada. The Company’s Choom brand is inspired by Hawaii's Choom Gang, a group of buddies in Honolulu, who loved to smoke weed or, as the locals call it, Choom. The Choom Gang pursued a ‘live in the moment’ lifestyle and their energy has helped shape the Choom culture, which is rooted in the shared belief of cultivating time with friends. The Company is focused on delivering an elevated customer experience through its curated retail environments, offering a diversity of brands for Canadians across a national retail network. The Company operates through two segments: Retail Cannabis and Corporate Operations. The Company’s business strategy is to build retail cannabis chains, with locations across Canada in the provinces that allow for private retailers.

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Choom Holdings Inc

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Post by CANNABISCANADAon Jun 25, 2022 12:14pm

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Something to read on a Saturday

Canadian pot sales up nearly 4% in April: StatsCan

Canadians bought a whopping $372.4 million of cannabis in April, a monthly increase of 3.7 per cent, driven by increased sales in Ontario and Quebec, according to Statistics Canada. On an annualized basis, Canada’s cannabis market operates at a $4.46 billion run rate. Ontario continued to lead all provinces with $150 million in cannabis sales, a monthly gain of four per cent, while Alberta and Quebec also reported a sales improvement in April from March. Sales in Toronto rose five per cent to $51 million as more pot stores continued to open in the country’s biggest city despite concerns of a saturated retail market.

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