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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 > Choom management
View:
Post by BadgerUSA on Jul 30, 2020 9:44am

Choom management

Good news is not store openings or purchasing companies. Those are both either burn rates of cash or dilution of share holder value. Until this management team releases quarterly financials, same store sales reports, burn rate of cash, all the rest means squat. Like most cannabis companies, high burn rate, poor management teams, and lack of visibility, Thus company does not follow gap accounting, or any of the requirements to be on a reputable stock exchange. So management can essentially do just about anything they want. That's why there isn't any solid financial news.
Comment by lostmyshirt007 on Jul 30, 2020 11:57am
whens the next financial?
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