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 maysilverstoneon Jul 30, 2021 12:13pm

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$CHOO- Choom Holdings

Statistics Canada recently released May retail sales for the country, with cannabis sales increasing 68% from a year ago to $313M.

Choom is a Canadian retail cannabis company with their brand inspired by Hawaii's "Choom Gang", a group of buddies in Honolulu during the 1970's who loved to smoke weed.

Here are some highlights:

- Q2 2021 rev 350% YOY growth

- 15 stores in 3 provinces

- Management has over 100+ years of experience

- 425k + customer transactions in-store and online

The share price is currently $0.06 with a mc of $19.51M.

Their first Liberty Village store in Toronto just opened and as they continue with their aggressive expansion plans throughout the coming years, $CHOO has lots of potential.

https://www.newcannabisventures.com/canadian-cannabis-sales-increased-68-in-may-to-313-million/

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