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 bckopi11on Apr 03, 2020 12:13am

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Post# 30874614

RE:Even 173% revenue increase...

As of December 31, 2019 they have $3,339,789 in cash, A/R just shy of $1M.

Current & Non-Current Assets of $39,387,092.

In April 2020 (this month), they exercise the option to become the sole owner of the Niagara Flagship store - they are currently receiving a monthly brand fee from the lottery winner.

Choom Gross Profit on Retail Cannabis Sales is 28%. (working to improve this)

Last financials were released March 2, 2020 on Sedar.

Be patient, Rome wasn't built overnight.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?