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 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 RetiringYoungon Jun 21, 2019 10:50pm

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Post# 29851897

RE:Niagara store revenue and profit estimate

bbisking wrote: First day 49k then on average say 20k a day through out the year . Then annually around 7 million . This is revenue only. Could be lower to 5 million or higher to 10 million conservatively speaking. Then how much will be profit excluding any cost? Employee salary cost if 12 to 15 people 1 million cost How much is store rent ? I don't know these But I would say if sale as expected like this total annual net profit could be 1 million

And since Choom doesn't own the store, they get what 5% 10% of that theoretical million?

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