Choom Holdings Inc 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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Post by CANNABISCANADAon Sep 30, 2020 5:06am

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Well this will help

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Ontario cannabis retail regulator doubles licence issuances to 10 per week
The Alcohol and Gaming Commission of Ontario (AGCO) has begun issuing 10 new cannabis store licences a week, double its previous total, in a move that will likely accelerate the expansion of the province's pot retail network. The AGCO, which regulates Ontario's cannabis retailers, said it has issued 194 retail store authorizations, with 173 of those leading to pot stores that are currently open. In a statement, the AGCO added that it will continue to work with the Ontario government to "increase the number of cannabis Retail Store Authorizations (RSAs) that can be issued each month." Analysts expect Ontario to end the year with more than 250 open cannabis stores, with another 500 expected in 2021

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