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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.


GREY:CHOOF - Post by User

Post by IckyStickyon Jun 02, 2020 4:14am
277 Views
Post# 31100005

heres the real numbers ,,, im interested in chooms growth

heres the real numbers ,,, im interested in chooms growthim reading a  large chunk of growth ,,:)  yaya !
CHOOM HOLDINGS INC. CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CASH FLOWS (unaudited) For the nine months ended March 31, 2020 Expressed in Canadian Dollars Note 2020 2019 OPERATING ACTIVITIES Net loss for the period $ (14,245,914) $ (9,909,247) Items not affecting cash Depreciation 12,13,14 273,537 1,213 Lease amortization 792,534 - Share-based payments 19 906,059 3,222,936 Financing costs 17,14 667,841 960,665 Loss on sale of marketable securities 10 46,423 - Impairment of store permits 5,13 4,169,939 - Shares issued for services 18 25,800 - Shares issued for debt 18 50,900 - Gain on settlement of debt 18 (3,030) - Write-off of capital assets 12 401,189 - Write off of note receivable 9 253,904 - Changes in non-cash working capital Trade and accounts receivable 16 101,204 63,705 Inventory (583,754) 6,726 Trade and other payables 15,20 (612,443) (220,634) Prepaid expenses and advances 20,21 2,779,602 (6,277,143) Net cash used in operating activities from continuing operations (4,976,209) (12,151,779) Net cash used in discontinued operations 20 (14,519) (439,756) Net cash used by operating activities (4,990,728) (12,591,535)
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