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 > You just got diluted by a company that robbed shareholders

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Post by Randumbtaskon Sep 06, 2020 6:23pm

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You just got diluted by a company that robbed shareholders

Hahahhahahaha. And you wonder why it is dropping. Vida paid $22,500,000 for Wikala, rebuild management jumped ship and they have been falling ever since. The company is now worth pennies, with shrinking revenues and minimal traffic. At the time of acquisition they were saying over 400k visits per month, doubt their figures are anywhere NEAR that. If they are, their conversion rate is slim to none. Sad company. Sad management, and even more sad for Choom. Ouch.

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