$CHOO Breakdown With people becoming more accepting of both medical and recreational cannabis use, I’ve been looking into companies that already have a solid base to build around and potentially expand exponentially. In my search I came across $CHOO who are currently building and operating an elevated national footprint of retail cannabis stores, servicing customers both online and in-store.
With 15 stores in 3 provinces, $CHOO has a varied portfolio across urban, suburban and rural locations. As well, they have protected trade areas with exclusive leases in major retail anchored developments in Ontario, and through regulatory distancing measures in Vancouver.
$CHOO is currently focusing on new store growth, investing into best-in-class retail locations, and marketing the Choom story as the current cannabis market size is estimated to be $6.9 billion and will grow to $7.3 billion by 2025.
MC is $21.13M.
https://investors.choom.ca/