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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 > Retail sales in Canada just keep going higher
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Post by CANNABISCANADA on Aug 21, 2021 9:00am

Retail sales in Canada just keep going higher

I am confident that when Choom reports on it's next quarterly earnings it will turn this .06/.07 into .15 or more.......
THIS WEEK'S TOP STORIES

Canadian pot sales hit $318M in June, up 1.7% from prior month: StatsCan 
Canadians bought $318.7 million worth of cannabis in June, touching a new monthly record, according to retail sales figures from Statistics Canada. The agency also says Canada's legal recreational pot industry now operates at an annual run rate of about $3.82 billion. Cannabis retail sales rose about 1.7 per cent in June from the prior month and up 58 per cent from a year earlier. On a per-day basis, June's cannabis sales are up 5.1 per cent from May. Ontario continued to drive cannabis industry sales with $120.1 million of legal marijuana sold in June, up about eight per cent from the prior month. Alberta, British Columbia and Quebec all reported sales declines in the month.   
 
Comment by status8 on Aug 23, 2021 8:48am
Hope that other investors also feel the same way. CHOO needs to demonstrate that the e-com gamble pays off.