|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.3440 - 0.3741|
|52 Week Range||0.2850 - 1.1300|
|Beta (3Y Monthly)||52,993.53|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
OTCQB: CHOOF), is pleased to announce that Specialty Medijuana Products Inc. ("SMP"), of which Choom Holdings Inc. is a 9.8% equity stakeholder, has received a cultivation license on an additional and contiguous site in Sooke, B.C. The license was issued and effective on May 17, 2019 . "As a stakeholder in SMP, we are thrilled to see SMP receive an additional license from Health Canada." states Chris Bogart , President and CEO of Choom. "As a cannabis retailer, we cannot be more excited to have another craft focused cultivator from B.C. available in the market in the coming months. Choom™ is an emerging adult use cannabis company whose mission is to establish one of the largest retail networks in Canada and the United States .
OTCQB: CHOOF) is pleased to announce that on Friday, April 26, 2019 , the Alcohol and Gaming Commission of Ontario ("AGCO") issued a Retail Operator Licence to Lisa Bigioni , and issued a Retail Store Authorization for her Choom-branded cannabis store in Niagara Falls, Ontario , which is expected to open in May 2019 . In accordance with the AGCO's requirements, Ms. Bigioni, as a licensed operator, may finalize her store set-up, including ordering and receiving cannabis product and cannabis accessories into her store ahead of opening for business. The AGCO will also conduct a pre-opening inspection to ensure the store is ready to open for business and sell cannabis products to the public in accordance with all applicable regulations. Choom and Ms. Bigioni have entered into various definitive agreements, including a licence agreement under which Choom provides its trademarks and branding for the retail store, and an option agreement pursuant to which Choom has the option to acquire, subject to the approval of the AGCO, the retail store after the completion of the lottery process, which expires in December 2019 .
Recreational cannabis may have been legalized in Canada on October 17th, 2018 but there is still much to be desired with regards to infrastructure and retail availability. Westleaf Inc. (TSX-V: WL) (OTCQB: WSLFF), set to become one of Western Canada’s largest premium cannabis retailers, is looking to make the most of April.
OTCQB: 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 that it has signed a memorandum of understanding ("MOU") with Better Choice Company, Inc. for the exclusive Canadian distribution rights to Better Choice's cannabidiol ("CBD") Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada . The terms of the MOU are not material.
OTCQB: CHOOF) (“Choom”), an emerging adult and medical use cannabis company that has secured one of the largest national retail networks in Canada, for the exclusive Canadian distribution rights to Better Choice’s cannabidiol (“CBD”) Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada. According to the American Pet Products Association, U.S. pet owners are estimated to have spent over $70 billion in 2018 on pet supplies, treatments and veterinary care. As CBD pet products become more readily available and accepted, well positioned suppliers and distributors will be able to exploit the tremendous opportunities for growth in the CBD pet sales.
VANCOUVER, British Columbia, March 25, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Choom Holdings Inc. (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, following its strategy to become a multi-state operator, that it intends to expand into Florida. Choom, through its wholly owned US subsidiary, Choom Holdings USA Inc., has signed a letter of intent (“LOI”) to purchase a 95% equity interest in a Florida-based vertically-integrated cannabis applicant (the “FL Company”). The FL Company is progressing on its Master License application to operate up to 25 retail locations with potential for more as the number of registered patients increase, as well as, a micro-processing and cultivation facility for medical purposes.
POINT ROBERTS, Wash. and DELTA, British Columbia, March 19, 2019 -- Investorideas.com, a leading investor news resource covering tech and cannabis stocks releases a snapshot.
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / This week cannabis stocks have seen a ton of big news. M&A activity, New Jersey's move toward legalization, and New York working toward it as well; investors ...
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.
If New Jersey approves adult use, the company said it will enter the recreational market, which is expected to launch in 2020. The New Jersey company's store strategy includes using Choom's medical brand Clarity Medical Centres.
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.
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.