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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 StockHawk1on Jul 13, 2021 4:40pm
223 Views
Post# 33537210

Choom sets itself apart by focusing on Recreation

Choom sets itself apart by focusing on Recreation

Choom Holding Inc.( $CHOO , $CHOOF )is selling for cheap rn at only 0.065CAD (MC 21.13M)  


If you want to get to know this company better FTM did a great interview with the CEO that you can watch here: https://youtu.be/qF_QgYlUK6Y


In this interview, Choom's CEO discusses the benefits of being a  recreation-focused cannabis retailer:


- they are able to have more creativity and fun with their branding (i.e. Hawaiian 70's stoner branding, capitalized on cannabis's association with being relaxed and carefree) 


- they set themselves apart from many other retailers who take a more sterile/medicinal approach to branding  


-there is a lot of room for growth into provinces that they do not have locations in once their recreational cannabis laws evolve 


This last point, and the current price, are good reasons to buy in while you can


As other provinces catch up to BC, Alberta, and Ontario's recreational legislation Choom plans to expand and grow their profits  

 
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