|Bid||0.7000 x 0|
|Ask||0.7100 x 0|
|Day's Range||0.6700 - 0.7100|
|52 Week Range||0.3800 - 1.4700|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Canadian cannabis firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) is preparing to take part in the U.S. cannabis market, picking the state of New Jersey as the place to begin its foray. Shares of the company jumped more than 15% after this announcement. What Happened Choom, an adult use cannabis company with one of the […]The post Choom to Make Foray into U.S. Cannabis Market appeared first on Market Exclusive.
CORAL GABLES, FL / ACCESSWIRE / March 12, 2019 / Running in tandem with the rise of the marijuana stock market has been cannabis companies producing products containing cannabidiol, or CBD. Following the passing of the U.S. Farm Bill, which was enacted several months ago, cannabis companies have increased production on the production and sales of industrial hemp because manufacturers can utilize hemp-derived CBD to use for creams, tinctures, and balms. ParcelPal Technology Inc (PTNYF) (PKG), Choom Holdings Inc (CHOOF) (CHOO.CN), Emerald Health Therapeutics Inc (OTCQX:EMHTF), and Canopy Growth Corp (NYSE:CGC) represent 4 marijuana stocks on the rise on Tuesday.
VANCOUVER, British Columbia, March 12, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Choom™ (CSE:CHOO) (CHOOF) ("Choom"), an emerging adult and medical use cannabis company that has secured one of the largest national retail networks in Canada, is pleased to announce it is entering the United States, starting with the state of New Jersey. Choom through its wholly owned US subsidiary, Choom Holdings USA Inc., has signed a letter of intent (“LOI”) to purchase an equity interest in a New Jersey based (the “NJ Company”) medical retail dispensary applicant in New Jersey’s upcoming Request of Applications (“RFA”) that also intends to enter into recreational cannabis retail upon legalization, which is anticipated in 2020. The NJ Company is advancing on its retail store strategy in New Jersey with the intention of receiving licenses to operate the maximum allowable cannabis stores for medical and eventually adult use when formally approved by the State. With these licenses, the NJ Company intends to create a network of branded stores using Choom’s medical brand, Clarity Medical Centres, or Choom (“Choom Brands”) for its recreational retail stores in the future. Choom will assist the NJ Company in this highly regulated market for the buildout and operations of cannabis retail stores. Choom will receive a royalty from the NJ Company for the use of the Choom Brands. Choom’s investment in the NJ Company includes pro rata rights to maintain its equity interest on future financings.
Aurora Cannabis (NYSE: ACB) has released an update on its investment activities in Choom Holdings (OTCMKTS:CHOOF), a consumer cannabis company connected to the largest retail network in Canada. Calling it a strategic investment, Aurora invested $27 million in the Choom private placement and the convertible debenture offering. The money helped Choom in achieving "a number of […]The post Aurora’s $27M Investment Helped Choom in Expanding Retail Network appeared first on Market Exclusive.
VANCOUVER, British Columbia, March 07, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Choom™ (CSE:CHOO) (CHOOF) is pleased to provide an update on its retail development strategy as an emerging consumer cannabis company that has secured one of the largest retail networks in Canada.
VANCOUVER, British Columbia, Feb. 27, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Choom™ (CSE:CHOO) (CHOOF) (the "Company" or "Choom") an emerging adult use cannabis company that has secured one of the largest national retail networks in Canada, is pleased to announce has entered a definitive agreement ("Purchase Agreement") with Clarity Cannabis MD Holdings ("Clarity") and its shareholders, to acquire 30 retail locations, three of which are licensed with the Alberta Gaming, Liquor & Cannabis Commission ("AGLC"). Clarity has successfully progressed through AGLC licensing and is operating the following three stores in the legal adult use cannabis market in Alberta and is awaiting licences for the following seven cannabis retail stores.
OTCQB: CHOOF) ("Choom") a Canadian cannabis retail company, is pleased to announce the completion of its e-commerce platform. Choom, through a licensed enterprise-level platform, has completed the buildout of a top tier e-commerce retail solution. This online storefront will provide a customized shopping experience that's integrated with Choom's retail stores and capable of scaling to $500M+ annually.
Choom, an emerging adult use cannabis retailer, is building out one of the largest retail cannabis networks in Canada. The LOI is with a winner of one of the 25 retail opportunities to apply for a license to operate a cannabis retail store granted as a result of the Alcohol and Gaming Commission of Ontario's ("AGCO") Expression of Interest Application Lottery conducted on January 11, 2019. "Being able to get an early start to establish Choom's presence in the private retail market in Ontario through an agreement with a lottery winner is a remarkable milestone for Choom.
Cannabis News New York-based medical cannabis firm Columbia Care has received approval and license from the State of Virginia to produce cannabis oil. The company, recently valued at $1.35 billion, is planning to open its dispensary in Portsmouth, Virginia, in the spring of 2019. They plan to cultivate, produce and dispense cannabidiol (CBD) and tetrahydrocannabinolic […] The post Cannabis Stock News Daily Roundup December 12 appeared first on Market Exclusive.
VANCOUVER , Dec. 10, 2018 /CNW/ - Choom™ (CHOO.CN) (CHOOF) (the "Company" or "Choom") an emerging adult use cannabis company that has secured one of the largest national retail networks in Canada, is pleased to announce that effective December 10, 2018 ChoomTM has closed its previously announced acquisition of all of the issued and outstanding securities of Clarity Cannabis Medical Centre Inc., 1165962 B .C. Ltd., Western Cannabis Coaching Centre Ltd. and Universal Cannabis Coaching Inc., together doing business as "Clarity Cannabis Medical Centre".
VANCOUVER, Nov. 20, 2018 /PRNewswire/ - Choom™ (CHOO.CN) (CHOOF) (the "Company" or "Choom") an emerging adult use cannabis company that has secured one of the largest national retail networks in Canada, is pleased to announce it has acquired Clarity Cannabis Medical Centre Inc. and affiliates doing business as Clarity Medical Centres. Chris Bogart, President & CEO states, "Our goal is to build a dominant national cannabis retail brand. The acquisition of Clarity Medical Centres allows Choom to service the entire Canadian cannabis market, beyond just the adult use channel.
CORAL GABLES, FL / ACCESSWIRE / November 5, 2018 / The upcoming US midterm elections could be pivotal in progressing marijuana legalization. Additionally, if Jeff Sessions - who calls pot a "very real danger" and said "Good people don't smoke marijuana" - leaves, a more clear road to legalization is also a possibility. President Trump has publicly expressed his frustration over Sessions' decision to recuse himself from the investigation into whether the Trump campaign colluded with Russia in the 2016 presidential election.
OTCQB: CHOOF) ( "Choom") an emerging adult use cannabis company that has secured one of the largest retail networks in Canada , are pleased to announce that the companies have completed a non-brokered private placement of a debenture (the "Offering") in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom ("Common Shares") at a conversion price of $1.25 per Common Share, with a four year maturity date.
Prohibition is over in Canada! VANCOUVER, Oct. 17, 2018 /PRNewswire/ - Choom™ (CHOO.CN) (CHOOF) ("Choom") an emerging adult use cannabis company is pleased to report on this historic date - the legalization of adult use cannabis in Canada and the end of prohibition - that its wholly-owned subsidiary, Specialty Medijuana Products Inc., has received a cultivation license from Health Canada. Choom has secured the rights to 52 retail opportunities across Western Canada and its rapidly expanding Alberta presence now stands at 29 in highly strategic and secure locations, with 14 Development permits and 11 building permits received from the various municipalities.