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 > Big risk reward.

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Post by Invest142806on Jun 21, 2022 6:03pm

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Big risk reward.

I bought 200,000 shares for 1000.00 and I am okay if I lose it. Made on a trade. But the reward is 2000.00 a cent if it doesn't go bankrupt. I would agree this company is not going bankrupt. Aurora owns to much to let it go under. It's in Aurora best interest to keep it afloat. Especially since a producer can't own a retail location. I think the only risk is downsizing, and or a buyout by Hightide or fire and flower.
I think they will downsize and sell some of their locations that we're losing money, and then rebuild with a different model of retail.

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