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

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Choom Holdings Inc > PLANET 13 Q3

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Post by CANNABISCANADA on Oct 06, 2020 5:06pm

PLANET 13 Q3

Planet13 says preliminary Q3 revenue to come in around US$22.8M
Nevada-based cannabis retailer Planet13 Holdings released preliminary third-quarter revenue figures Tuesday, telling investors it expects to report US$22.8 million in sales in the three-month period. Planet13 added that it expects to report gross margins of about 50 per cent in its Q3 with an average of 1,625 customers per day and an average sales ticket of US$124, a sign that the pandemic isn't impacting operations for the company. Planet13 said it also expects to see a boost in wholesale revenue, with its products now available in nearly three dozen dispensaries in Nevada. Shares of Planet13 rose nearly eight per cent on the Canadian Securities Exchange on Tuesday.

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Comment by LI33VESTREAM on Oct 06, 2020 8:36pm

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Comment by BadgerUSA on Oct 07, 2020 9:27am

Choom could learn from this. This is good information for the shareholders. I don't understand why Choom finds it so difficult to report in this manner. It gives you the impression they are hiding things. Which I think they are. With Chooms recent merger they granted their management 4 million option shares. But I did not see anything showing what they had to qualify as far as performance to ...more

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