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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 Dec 22, 2021 5:19am
226 Views
Post# 34253432

Sales in Canada up again

Sales in Canada up againDO NOT LOSE CONFIDENCE!!!!!!! IT WILL PAY OFF!!!!! STAY STRONG AND BUY BUY BUY........

Cannabis Business Info Since 2011

Canadian recreational cannabis sales grow to CA$364.2 million in October

Regulated sales of recreational cannabis totaled 364.2 million Canadian dollars ($281.7 million) in October, a monthly record.

October cannabis sales grew by nearly 2.8% over September’s total, according to retail sales figures reported Tuesday by national data bureau Statistics Canada.

Monthly recreational cannabis sales increased in all provincial markets tracked by Statistics Canada except New Brunswick, where sales dipped by 2.8% to CA$7.1 million.

Adult-use consumers in Ontario, the largest provincial market, bought CA$145.7 million worth of legal marijuana, a month-over-month increase of nearly 3%.

Shoppers in Alberta spent CA$63.2 million on cannabis in October, a 4.1% monthly increase.

In Quebec, monthly sales grew by 2.3% to CA$52.5 million.

In the remaining provinces, October sales and monthly sales growth were:

  • British Columbia: CA$50.5 million (+2.7%)
  • Manitoba: CA$13.9 million (+0.6%)
  • Saskatchewan: CA$13.8 million (+1.5%)
  • Nova Scotia: CA$8.1 million (+0.6%)
  • Newfoundland and Labrador: CA$5.7 million (+7.6%

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