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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... see more

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Post by CANNABISCANADA on Jul 24, 2021 6:31am

Today's read

Canadian pot sales climb 2.3% to $313M to record monthly high in May

Canadians bought $313.3 million worth of cannabis products in May, an increase of 2.3 per cent from the prior month but down 1 per cent on a per-day basis, according to Statistics Canada. Compared to the same month a year earlier, Canadian cannabis sales were up by 68 per cent. Canada's legal recreational pot industry currently operates at an annual run rate of about $3.76 billion. Ontario led all provinces with $111.2 million in sales; the province also accounted for more than one-third of all retail activity. According to The Cannalysts Analyst Craig Wiggins, trailing three-month sales numbers were up 9.4 per cent, a five-month high and a strong sign that retail revenue are still growing at a healthy pace.

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