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 shared belief of cultivating time with friends. The Company is focused on delivering an elevated customer experience through its curated retail environments, offering a diversity of brands for Canadians across a national retail network. The Company operates through two segments: Retail Cannabis and Corporate Operations. The Company’s business strategy is to build retail cannabis chains, with locations across Canada in the provinces that allow for private retailers.

GREY:CHOOF - Post by User

Choom Holdings Inc

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Comment by stokpikeron Oct 26, 2018 11:38am

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Post# 28877991

RE:HUGE VOLUME - Any good news on the way

My guess based on whats happened with CHOO.

Since the $7 mill investment by ACB in June
- minimal level of promotion and NRs by CHOO (they are oromotors who aren't promoting)
- no insider buying since June

To me this could indicate they are working on a significant transaction with an insider trading ban and a news blackout with the exception of required news

I'm betting ACB/CHOO are discussing a buyout as folluw up to their initial investment. But you never know until it happens!!

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