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Choom Holdings Inc CHOOF

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.


GREY:CHOOF - Post by User

Post by CANNABISCANADAon Sep 22, 2020 8:39pm
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Post# 31601751

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New cannabis users flock to legal pot market, but prefer flower above all 
It turns out going legal has drawn some new customers to the cannabis market. A new report from Brightfield Group found that "newbies," or those who have only consumed cannabis since the drug was legalized in late 2018 are representing an increasingly-larger share of the legal market, a sign that it is garnering increased consumer interest in Canada. That's likely due to the recent advent of cheaper products, better known as the "value" segment, priced to compete directly with the illicit market. Meanwhile, the survey also found that dried flower products were the most popular for new cannabis users, with 43 per cent of "newbies" polled purchasing pot in that fashion, outpacing its other defined categories; gummies, chocolate and vapes. 
 

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