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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 CANNABISCANADAon Sep 11, 2021 7:21am
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Post# 33844677

Part one of you Saturday read

Part one of you Saturday readConsumers largely unhappy with rollout of legal cannabis in Ontario: study 
There was "significant consumer discontent" during the first year of cannabis legalization, according to a study by a group of Ryerson researchers that examined the social media response in the Ontario legal market over a one-year period. The research highlights the successes and failures of the retail rollout in Ontario for both residents and the provincial and federal government. One conclusion found that Twitter users said that the restrictive purchasing options (due to government policy) created a shortage of point-of-sale locations in Ontario, leaving consumers unable to purchase their desired products. In order to combat these supply shortages, the provincial government removed much of the red tape associated with licensing protocols for brick-and-mortar stores, the study found. The researchers concluded that as a practical implication, the findings can be leveraged to inform future government policies and decisions around legal retail cannabis business practices.
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