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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 > New bill
View:
Post by BadgerUSA on Aug 03, 2020 7:51am

New bill

The bill being proposed by the Democratic congresswoman from Minnesota is somewhat of a political play. We have a election year in front of us here. I doubt this would help Choom one bit. Many of the store chains such as MedMen, harvest health are unprofitable also and have more stores than Choom. Choom needs to focus on its core and its existing stores and make them profitable. Then move on with growth. Any expansion beyond that will dilute shareholder value or burn cash faster.
Comment by theinvstore on Aug 03, 2020 9:29pm
Phivida sells through distribution channels... ie Natural Speciality Sales, 2500 retail distribution outlets. have a nice day!
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