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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Post by JGibbson Apr 23, 2021 2:21pm

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getting too attractive to pass up at these prices...

A $35 million market cap on track to pull in over $24 million in revenue. This is starting to look like a take out target. I don't think this goes unnoticed for long

***Q2 2021 revenue of $6.1M
Increase of $4.7M and 350% over Q2 2020 revenue of $1.4M

***Q2 2021 Gross Margin of 36.37%
Increase of 8.45% over Q2 2020 gross margin of 27.92%

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