Canadian Entrepreneurs Cash In On Hawaii's Natural Resources Because Hawaiians Can't

2018-02-21 The Seed Investor

A small group of Canadian entrepreneurs is set to turn Hawaii’s unique history and culture into a small fortune.

And Hawaiian’s can’t get in on it all. 

Hawaii is known for a lot of things.

It’s beaches, surfing, rainforests, volcanoes, and endless sun attract 42,000 every day to the islands.

However, it’s Hawaii’s long association with marijuana which these Canadians have been eyeing.

The locals call it “Pakalolo” which is Hawaiian for cannabis or marijuana.

It’s renowned for its quality, smoothness, and potency.

It’s also the foundation for Hawaii’s historic “Choom” culture. Choom is Hawaiian slang for smoking marijuana, has been part of the state’s culture for decades.

Even President Barack Obama, who was born in Hawaii (yes he was!), was famously part of the “Choom Gang” when he lived here.


Right now marijuana should be a booming industry for Hawaii. States like Nevada, California, Washington, and Colorado have seen billion-dollar marijuana industries sprout up within a matter of months after they fully legalized recreational use marijuana. Like Washington State, Washington who alone saw $784 Million in retail sales in 2017.1

Hawaiians, despite their deep ties to marijuana, aren’t cashing in the same way residents of other states have after they legalized recreational use marijuana.
 
The reason? Medical marijuana use is legal in Hawaii, but recreational marijuana use is not and recreational marijuana is where the big money is being made.
 
As a result, Hawaii is cut out of one of the greatest growth industries in North America.

That’s not stopping the Canadian entrepreneurs behind Choom™ Holdings (OTC: CHOOF | CSE: CHOO) though.
 

Choom™ Holdings (OTC: CHOOF | CSE: CHOO) is a Hawaiian-branded marijuana lifestyle company based in Canada.

Canada is set to fully legalize marijuana in 2018 and Choom™ Holdings (OTC: CHOOF | CSE: CHOO) has laid out extensive plans to bring Hawaii’s choom culture to the first major economy to fully legalize marijuana. In fact the Canadian Market is estimated at between $4.9 - $8.7 Billion.2 In 2015, it was estimated that Canadians already spent $6.2 Billion on cannabis, almost on par with the Wine Market. 3

Choom™ Holdings (OTC: CHOOF | CSE: CHOO) will have stores, licensed growth facilities, and a complete and legal distribution network.

Too bad for Hawaiians though. Choom™ Holdings (OTC: CHOOF | CSE: CHOO) business may all based on Hawaii’s choom culture, but there won’t be any “Marijuana Millionaires” there.

They’ll all be in Canada.




 

Tags
Cannabis News, Choom, Exclude from Home Page, Exclude from List Pages, Exclude from Search Page, Investing News
Thumbnail Photo Credit: by is licensed under
1.  https://502data.com/ 
2. Deloitte Recreational Marijuana Insights and Opportunities: https://www2.deloitte.com/content/dam/Deloitte/ca/Documents/Analytics/ca-en-analytics-DELOITTE%20Recreational%20Marijuana%20POV%20-%20ENGLISH%20FINAL_AODA.pdf
3. https://www.bloomberg.com/news/articles/2017-12-18/marijuana-use-may-have-hit-c-6-2-bln-before-canada-legalization

Please see full disclaimers at www.TheSeedInvestor.com applicable to all content provided by TSI, wherever published or re-published: <a href="https://theseedinvestor.com/disclaimer">TheSeedInvestor.com/disclaimer</a>
Disclaimer: This release/advertorial is a commercial advertisement and is for general information purposes only. This release/advertorial does not constitute an offer or solicitation to buy or sell any securities or individualized investment advice. This is a native advertisement, meaning it is an informational paid marketing piece. <a href="https://theseedinvestor.com/disclaimer">THESEEDINVESTOR.com (TSI) </a> makes no recommendation that the securities of the companies profiled or discussed on this website should be purchased, sold or held by viewers that learn of the profiled companies through our website. Please review all investment decisions with a licensed investment advisor. TSI receives payments ranging from approximately $25,000 to $150,000 to publish and/or distribute advertisements on behalf of a company. TSI retains any excess sums after expenses as its compensation. TheSeedInvestor.com and its owners, operators and affiliates may benefit from any increase in the share prices of the profiled companies. TheSeedInvestor.com may be paid for services using options or free-trading shares. TheSeedInvestor.com and/or its owners, operators and affiliates may be selling shares of stock at the same time the profile (or other information) is being disseminated to potential investors; TheSeedInvestor.com will not advise when it or its affiliates decide to sell. Investors must make all investment decisions based on their own judgment of the market and the particular securities.
 
This advertorial contains forward-looking statements that involve risks and uncertainties. This advertorial contains or incorporates by reference forward-looking statements, including certain information with respect to plans and strategies of the featured company. As such, any statements contained herein or incorporated herein by reference that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, the words “believe(s),” “anticipate(s),” “plan(s),” “expect(s),” “project(s),” “will,” “make,” “told,” “could,” “might,” and similar expressions are intended to identify forward-looking statements. There are a number of important factors that could cause actual events or actual results of the company to differ materially from these indicated by such forward-looking statements. Certain statements contained herein are forward-looking statements as defined in Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business, financing, business trends, future operating revenues and expenses. There can be no assurance that such expectations will prove to be correct. Investors are cautioned that any forward-looking statements made by the company, or contained in this advertorial are not guarantees of future performance, and that the issuer’s actual results may differ materially from those set forth in the forward-looking statements. We undertake no obligation to update any statements made herein except as required by law. Differences in results can be caused by various factors including, but not limited to, the company’s ability to be able to successfully complete planned funding agreements, to successfully market its products in competitive industries or to effectively implement its business plan or strategies. To reiterate, information presented in this advertorial contains “forward-looking statements.” Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. More information on the company may be found at http://www.sec.gov where readers can review all public filings submitted by the company. TheSeedInvestor.com is not a certified financial analyst or licensed in the securities industry in any manner. The information in this advertorial is subjective opinion and may not be complete, accurate or current and was paid for, so this could create a conflict of interest.