Bullboard - Stock Discussion Forum Choom Holdings Inc CHOOF

Healthcare Cannabis

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

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Choom Holdings Inc > Testing lows.

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Post by BadgerUSA on Sep 25, 2020 4:27pm

Testing lows.

049 today. That was a level in 2016. I don't believe they even had a store open then. So they have 13 stores operating five closed six perspective new ones and their stock is back to four years ago. Don't believe management has any idea of what they're doing.

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Comment by Doupahorse on Sep 25, 2020 4:51pm

What's the vision with Phivida purchase. Let's go choom

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Comment by BadgerUSA on Sep 25, 2020 6:19pm

if I remember the basic details of the acquisition. It was mostly done through issuing shares. Which diluted the value of the current Choom shareholders. Secondly Choom immediately raise cash debt on the new company. Both of these companies were burning through cash. Choom had made the statement that they will leverage the value of the two companies to raise funds. I think this was their only ...more

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Choom Holdings Inc