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Bullboard - Stock Discussion Forum Choom Holdings Inc CHOOF

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... see more

GREY:CHOOF - Post Discussion

Choom Holdings Inc > With the investment that
View:
Post by CANNABISCANADA on Aug 31, 2020 8:29am

With the investment that

Aurora has in Choom you would think that buy it out right would make sence to inprove their retail foot print? would you not think that would be the best way to do it?.....https://www.technical420.com/cannabis-article/aurora-cannabis-and-canopy-growth-corp-are-racing-to-build-competing-canadian-cannabis-retail-footprints/#
Comment by BadgerUSA on Aug 31, 2020 8:55am
I think Aurora cannabis is wishing they had the millions of dollars they gave to Choom back. Aurora cannabis balance sheet isn't that strong they are burning cash every day. If you remember I believe Aurora cannabis has the option to purchase Choom or an additional position in Choom at a price of roughly $2.60 a share. I doubt that will happen with chooms current state. Not sure if it would be ...more  
Comment by CANNABISCANADA on Aug 31, 2020 9:07am
No I do think that Aurora would be thinking that it would be a good strategy just to sit and hope, Choom is building it's self up if you look at the marketing that they are doing I do believe that they are working on something together Hey it maybe just wishful thinling but what if? ask yourself would you live in a house with no roof?
Comment by LucInvestor2018 on Aug 31, 2020 9:12am
i would take the 2.60$ ,, but be happy at 1:00$ Choom having a hard time as all other LP'S 
Comment by BadgerUSA on Aug 31, 2020 10:53am
I think Aurora cannabis is wishing they had the millions of dollars they gave to Choom back. Aurora cannabis balance sheet isn't that strong they are burning cash every day. If you remember I believe Aurora cannabis has the option to purchase Choom or an additional position in Choom at a price of roughly $2.60 a share. I doubt that will happen with chooms current state. Not sure if it would be ...more  
Comment by BadgerUSA on Aug 31, 2020 10:57am
Sorry about duplicate post. Can't figure out how to delete second one.
Comment by wheelsonthebuss on Aug 31, 2020 2:13pm
wish something would happen already - GO CHOOM GO 
Comment by theinvstore on Aug 31, 2020 11:26pm
Something is going to happen. The phivida vote is sept 4, this friday. Then we will see? Consolidation? Who knows
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