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Bullboard - Stock Discussion Forum 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... see more

GREY:CHOOF - Post Discussion

Choom Holdings Inc > ACB cant' buy Choom
View:
Post by JaCkSnap on Jun 03, 2020 11:06am

ACB cant' buy Choom

LP's are only allowed to own 19.9% of any retail.  Its' something else.
Comment by Cttguy on Jun 03, 2020 12:36pm
The laws are only in Ontario. Aurora can buy 100% of Choom except for their Ontario store. I don't think they would sell their shares. They're down over 90% on their stock price. So $27 million they have to Choom is now worth $2 million or so. They can't do that. Not sure what's going on though. We'll see.
Comment by wheelsonthebuss on Jun 03, 2020 2:05pm
but they now own a larger company for there % of ownership - O YAYA !!!!
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