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 > I think Choom's slow growth was the RIGHT PLAN

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Comment by status8on Nov 08, 2021 9:19am

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RE:I think Choom's slow growth was the RIGHT PLAN

Closing stores is not ideal, and glad that will hopefully not be the scenario that CHOO is going to find themselves in.

They must continue to push e-commerce as this is where they can separate themselves from their competitors.

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