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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Choom Holdings Inc > Life in the retail market

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Comment by BadgerUSAon Oct 27, 2020 10:45am

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RE:RE:RE:Life in the retail market

saturation wasn't pointed at Choom. That's a term that both the article and fire and flower used for the total market of Alberta. In viewing the layouts and decor of some of the other retailers which are much larger their stores are just as high-end as Choom. it has to do with who gets the most stores open first for the amount of licenses given out. Also who is better funded. Getting money in the cannabis world is not easy currently. The first thing that needs to be addressed is why doesn't Choom reopen their Alberta stores. There was a lot of capital outlay to open those stores and then they have them shut down for a prolonged period or shut down permanently is a serious hit to the limited amount of capital they have.

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