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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 > $CHOO- Choom Holdings
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Post by maysilverstone on Jul 30, 2021 12:13pm

$CHOO- Choom Holdings

Statistics Canada recently released May retail sales for the country, with cannabis sales increasing 68% from a year ago to $313M.
 
Choom is a Canadian retail cannabis company with their brand inspired by Hawaii's "Choom Gang", a group of buddies in Honolulu during the 1970's who loved to smoke weed.
 
Here are some highlights:
 
- Q2 2021 rev 350% YOY growth
 
- 15 stores in 3 provinces
 
- Management has over 100+ years of experience
 
- 425k + customer transactions in-store and online
 
The share price is currently $0.06 with a mc of $19.51M.
 
Their first Liberty Village store in Toronto just opened and as they continue with their aggressive expansion plans throughout the coming years, $CHOO has lots of potential.
 
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