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 > Earnings are posted!

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Comment by Investoreon Nov 29, 2021 9:00pm

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RE:Earnings are posted!

All things considered, pretty good. Tough sector right now - holding their ground quarter over quarter is very impressive. The other retailers dropped rev in similar periods. Also big improvement in the balance sheet with a net profit of 5million! Sets them up nicely for rest of year

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