NEW YORK, April 18, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces
the publication of an editorial featuring Choom Holdings Inc. (CSE:CHOO) (OTCQB:CHOOF), a client of CNW focused on channeling the
spirit of Hawaii in the Okanagan and building culture around its high-grade handcrafted cannabis brand.
To view the full publication, titled “Canadian Cannabis Sector Thriving Despite Slow Legalization Process,” visit: http://nnw.fm/0XKdF.
One of the companies leading the way in this is Choom Holdings (CSE:CHOO) (OTCQB:CHOOF). A purpose-built recreational brand,
Choom is led by an experienced management and leadership team that understands the complexities of the market it is entering.
President and CEO Chris Bogart has more than twenty years of experience in international capital markets and was a co-founder of
InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the United States, Europe and
Canada.
The team has been preparing for the coming change in the cannabis market for more than four years. Choom has been going through
the process of applying for an ACMPR (Access to Cannabis for Medical Purposes Regulations) license in Vernon, B.C. In 2017, it has
offers to acquire three additional applicants, including one already involved in the process in Vancouver Island, B.C. The company
is working diligently to be ready to sell cannabis as soon as legalization comes.
Going through the cannabis licensing process could provide Choom with another advantage. Its staff has developed the skills and
experience to quickly navigate the regulatory process and has proven to authorities its ability be become a responsible cannabis
grower. The company has been working for future retail growth and distribution. With Alberta alone expecting to license 250 stores
in the first year (http://cnw.fm/Wgt5F), regulators are clearly going to be busy working through all the
applications. Companies such as Choom that have experience, a good reputation and a well-presented application may have a critical
edge in successful retail licensing.
About Choom™
Channeling the spirit of Hawaii in the Okanagan, high-grade handcrafted strains by Choom™ are all about cultivating
good times and good friends. Choom™ was inspired by the Choom Gang; a group of buddies in Honolulu during the 1970s. Now, after
four decades, Choom is bringing the spirit of Hawaii to the Okanagan. The company is planting its flag in the rapidly growing legal
cannabis industry in Canada with its own brand of high-grade handcrafted herb. For more information, visit the company’s website at
www.Choom.ca.
About CannabisNewsWire (CNW)
CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides
CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press
releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate
communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can
help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our
ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition
and content to the cannabis industry.
For more information please visit https://wwwCannabisNewsWire.com.
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by
NNW, wherever published or re-published: http://CNW.fm/Disclaimer.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,
as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently
uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company.
Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as
of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties
identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's
actual results to differ materially from those indicated in the forward-looking statements.
CNW Corporate Communications Contact:
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net
