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 justinpaulon Nov 06, 2018 9:57pm

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RE:RE:20 millions it’s great WoW fron ACB $$$$$$$

Typically in a lease agreement, the landlord will provide a tenant improvement allowance to help the new tenant build out the space. This does a lot to help offset construction costs, otherwise think about all the restaurants and services that start up, you think they all have millions to start say a nail parlour or massage spa, all be it different business the a retail Cannabis store but I doubt each space costs more then 500k to set up and stock

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