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.

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Choom Holdings Inc

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Comment by stokpikeron Oct 26, 2018 3:04pm

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Post# 28879612

RE:RE:RE:HUGE VOLUME - Any good news on the way

I hope its not another raise, they always get done below market and usually with warrants

a buyout gets done at a premium to market

I didn't notice that insider buy when I last checked but now its there. It was filed almost a month after the transaction which is past the required time. It was only for 4,000 shares and the transaction was in US$. Kevin Puil was the insider, he's a director of Choom and is in the financial industry so he definitley knows the Canadian rules for insiders buying/selling. Maybe he made a mistake buying and when he found out he had to file?? Just a guess.

with 2 hrs of trading left on a Friday, CHOO up 13% with over 2.5 mill shares traded across all CDN Markets and another 170k in US markets.

- lots of traders don't like to hold over a weekend
- the MJ secoor is mostly down
- the overall markekts are getting killed

I think somethings happening with CHOO and if it was another raise I think the price would be dropping not rising

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