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 Oct 02, 2019 5:14pm

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Post# 30189404

RE:This is why retail is the best investment with a return

OK I'll bite. What "piece of the pie" is in it for a small town?Other than a store leased and X number of minimum wage retail jobs?

The gov't wants the sales tax, the realty tax, the energy tax, the income tax and the tax on tax.
The Landlord wants the space filled and the other tenants "may" want the traffic that a cannabis store brings into the lot.

What's in it that small towns would be clamoring for again?

CANNABISCANADA wrote: that can only increase with every new store that opens, and now that the numbers are out the small towns that opted out of having a retail store are going to want their pieceof the pie

Canada’s cannabis industry contributed $8.26B to GDP in July: StatsCan
Canada’s cannabis sector contributed $8.26 billion to the country’s gross domestic product as of July, a steady increase from the $7.02 billion last October when recreational cannabis was legalized, according to new data published by Statistics Canada on Tuesday. The StatsCan figures also show Canada's legal cannabis industry has grown by a whopping 185 per cent in the first 10 months since recreational marijuana was legalized. The black market’s cannabis output has fallen by 21 per cent in that same time, according to StatsCan estimates.