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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 > 15 stores - what is realistic market cap
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Post by Doupahorse on Jul 19, 2020 9:07am

15 stores - what is realistic market cap

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Comment by theinvstore on Jul 19, 2020 3:44pm
Can't judge at this point. See the revised investor PDF on choomholdings.ca. edibles out for only half a year + COVID + Phivida who knows but surely better than $0.20/share
Comment by lostmyshirt007 on Jul 19, 2020 6:38pm
im counting 18 stores on the website, some are still closed i think due to covid , but i am seeing more on the list of opening soon in my area of Ont, Toronto and Hamilton and few others GO CHOOM
Comment by blackrooster on Jul 20, 2020 9:47am
20 cents a share puts them at 80 million dollar market cap after vida closes. That is a bit aggressive for a company making 10 million a year. For now I'd imagine since they have leans against all their property a normal 2-4 multiple to revenue would suffice. So this would be 20-40 million market cap putting them at 0.05 to 0.1. If they ramp revenue past 10 million a year obviously this would ...more  
Comment by Doupahorse on Jul 20, 2020 12:58pm
The vida assets would add to market cap and their online products to the revenue so unfair to calculate through market cap off brick mortar stores 
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