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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 > Something to read
View:
Post by CANNABISCANADA on Feb 05, 2022 8:12am

Something to read

Cannabis industry added $43.5B to Canada’s economy, supports 151k jobs since legalization
 

After three years of legalization, Deloitte released the most comprehensive economic analysis yet of how the Canadian cannabis sector has fared. The consultancy found that over the past three years, the cannabis sector has contributed $43.5 billion to the country's economy, generated more than $15 billion in direct and indirect tax revenue for Canadian and provincial governments, while creating more than 151,000 jobs. Since 2018, Canadians have purchased $11 billion worth of cannabis, while the companies responsible for the production and sale of legal pot have spent $29 billion in capital expenditures during that time, Deloitte said. The report also highlighted ongoing challenges in the lack of diversity seen in Canada's cannabis industry as well as the environmental impact that the industry bears.

Comment by jawbonerasta on Feb 08, 2022 2:52pm
and choom is stll s5it
Comment by ggrellette on Feb 10, 2022 12:39pm
The industry must first figure out what the right cost for the retailer to buy at. They can not BS the known pot smoker with smoke and mirrors. The legal end for the retailer has to pay tax and that is not done in the illegal world. So that cost has to be figured into the original price. Case in point if u pay $150.00 per bag in the illegal world you are not going to pay $150.00 in the legal world ...more  
Comment by jawbonerasta on Feb 10, 2022 1:40pm
whos paing 150 an oz anywhere now? 100 or less most places 
Comment by ggrellette on Feb 10, 2022 5:40pm
It was just an example so calm down.