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 > When will this suffering

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Comment by Invest142806on Sep 22, 2022 3:04pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:When will this suffering

It was a penny stock in a company that had big hopes. They won't be the last. High tide is buying up companies and that will accelerate. It started with no licenses to over saturation and a race to the bottom. Once the carnage is over there will be a few winners. High tide, tilray are my choice for retailer and lp's. but again it's a few years out. It a nothing new. I am in the mining industry and we see it all the time. Nickel price goes up, junior miners start producing, flood the market, price goes down and they get squeezed out, because they can't afford to operate at those cost. Same thing happened in cannabis industry. We are in final stages of that, now is for the carnage, and the stabilization of the market. Then you will see the SP skyrocket. Take Hightide for example, every time they buy a competitor, they consume that revenue, and add they as a valued customer into thier discount model. High tide is like owning the beer store or the liquor store. We just had the worst two years followed by crazy inflation and high tide continues increasing revenue and positive ebidta. It's a diamond in the rough.

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