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 > People are pulling earnings - buy back at 0.17

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Post by npilgeron Jun 08, 2020 2:24pm

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People are pulling earnings - buy back at 0.17

This is a sound company, but the latest run has resulted in peopld taking profits - I averaged at 0.12 and dumped it all at 0.20. Reasonable price point is 0.17. Too much uncertainty in the opening of new shops in Canada. Should not compare Choom with FAF either, they are currently overvalued, but fully operational - with home delivery!. Choom is just getting started and lots of capital required for development. 0.17 is when I will buy back in. I believe this company can go far, right now it is the day traders running the trends.

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