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 > Take aways from conference call

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Post by BadgerUSAon Nov 11, 2020 9:09pm

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Take aways from conference call

All the Companies have a general plan. Choom did not have quite the meat behind it that Hitide and F&F had. Choom is looking at doubling there store count over the next 2 years targeting 32 stores. Hitide and F&F are already over double that now. Imagine where they will be in 2 years. F&F deal with Couchard and their 16000 Circle K stores could be massive. Build outs of only 600 sq feet in high traffic locations is huge. They would be like the fast food stores you see attached to gas stations all over the United States. That is a brand building juggernaut.

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