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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 > Do not bet on the USA to drive this higher
View:
Post by npilger on Jun 07, 2020 4:46pm

Do not bet on the USA to drive this higher

Lots of speculation, I was in at 0.12 and pulled at 0.20. The valuation of this stock for the next 4-5 months is not looking higher than 0.17. Will it go higher with more stores? Yes, it should after some time. Are thare any new stores being allocated in Ontario for Choom? Not at this time. The BC and AB markets are getting close to "realistic" saturation considering the current climate. However, if the US market opens up, then this company could do quite well on the west coast. The east coast is all mafioso territory, and the south, well they do not exist for a company like Choom. I will reinvest once it hits 0.12, probably a week or so. There is potential, but I say take your earnings when you can. Look at the other related markets, CHOO will ride the coat-tails of FAF (they have more Ontario stores opening), but the big winners will be the actual producer stores, once they get legal authorization to sell direct. Nevertheless, no significant changes should occur until a couple of elections pass.
Comment by Doupahorse on Jun 07, 2020 4:56pm
You are underestimating FEELOKI following but ok
Comment by pdcon1 on Jun 07, 2020 6:09pm
Check the 3 year graph.  Choom  just started its engine  with the phvida acquition just added some nitro. Sellers now will be buyers at a higher price  rest assured , not much available for sale 
Comment by status8 on Jun 07, 2020 7:00pm
The US markets will be a huge boon to CHOO, but the Federal govt has to get behind this market. Hence why I believe that e-commerce will be able to continue to grow a virtual market.
Comment by theinvstore on Jun 07, 2020 7:39pm
Recovering from the economic impacts of Covid will require an increased tax base. What better rationale will the U.S. Govt require? Trump will be out soon enough. The times they are a changin....!
Comment by antonaki1 on Jun 07, 2020 8:23pm
This post has been removed in accordance with Community Policy
Comment by theinvstore on Jun 07, 2020 9:06pm
Blah blah blah.... we shall see. Regardless @$0.2/share Choom is a bargooon.
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