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 CANNABISCANADAon May 10, 2022 7:35am

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High Tide (HITI) in one year has went from 11.80 to 3.49, FIRE AND FLOWER (FAF) in one year has droped from 12.00 to 2.71 and both will drop again today, If Choom can turn this train wreck around it would be to rethink retail (and to get Corey and Chris out) by smaller and no glitter maybe the path to success (KISS) (keep it simple stu pid) next to no overhead as possible, with retail rental space almost doubling in the past year or two you will see stores going under big time, All you need is a retail space the size of a cigar store 20' by 20' and no fancy TV monitors or fancy as s counters just plan and simple and at 1/3 of the rent that they are paying now, would it work I don't know, is it worth a try? I think so.

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