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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.


GREY:CHOOF - Post by User

Choom Holdings Inc
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Post by Buylowbeaston Apr 14, 2020 10:39am
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Post# 30907191

question for CannabisCanada

question for CannabisCanadaHi there,

i simply do not understand the valuation here, expecially now that we will be making 30% PM on Niagara location's 10m per year.  3 mill profit with a p/e of 10 is 30 million, ten million more than current valuation.  and this is one store - there are 20 others!  is there something wrong with my math or something i'm not considering?  it is just that this stock is flying under the radar?
Bullboard Posts
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