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 BadgerUSAon Nov 24, 2020 10:07am

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Choom is still the same company. You have to agree the Phivida merger was for survival only. They needed their money. Also they are still a cash burning machine. There store count is moving at a snail pace . The chances of establishing any kind of meaningful presence on their own in the U. S. A. Is a fart in the wind. They dnt have the money. There are larger more profitable competitors there. If they can't grow and compete in their home market it would be reckless to try to jump to a new market.

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