INVESTOR PROFILE: Choom™

Company:
Choom™
Symbol:
CSE: CHOO | OTC: CHOOF
Country:
Canada
Sector:
Legal Recreational Marijuana
Industry:
Growing/Production and Retail
Established:
2017
Website:
Recent
Price
$0.511
52-Week
Range
$0.285 - $1.13
Avg. Daily
Volume
748,474
Shares
Outstanding
178M
Market
Cap
123M
Float

Current Outstanding:
187,583,163
Warrants:
6,136,150
Options:
8,520,000
Fully Diluted:
202,239,313
CHOOM™ (CSE: CHOO | OTC: CHOOF) currently holds 39 retail opportunities in Canada; with 3 open in Alberta, 35 development permits (issued by local governments in Western Provinces), 8 under construction and 17 completed. Aurora Cannabis (ACB) invested $20 Million in November 2018 to augment their $7 Million investment in June 2018.
 
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Company Brief

CHOOM™ (CSE: CHOO | OTC: CHOOF) is a premiere Canadian retail cannabis brand focused solely on the development, production and retail distribution of marijuana products for the legal Canadian recreational market.

Choom developed their branding and messaging with the recreational market in mind, and has a strong retail strategy to vertically integrate their business to take advantage of this burgeoning and potentially lucrative market, with 3 retail stores now open in Alberta and licenses for 39 retail opportunities in Canada.

Choom has 3 stores open in Alberta

Choom is included in Horizons Marijuana Life Sciences ETF (HMMJ: TSX)

Choom was added to the CSE 25 Index

Choom received one Cultivation License Approval

Aurora Cannabis invested $27 Million into Choom in 2018

Documented brand history, inspired by Hawaii's 1970's Choom Gang

Build a high margin, recreational retail cannabis company.

Develop & acquire retail opportunities to meet the anticipated demands of the retail market.​

Develop & acquire products and brands catering to the Canadian recreational cannabis consumer.​

Aurora Invested $20 Million in November 2018

Aurora Invested $7 Million in June 2018

3 stores open in Alberta
39 retail opportunities in Canada - 8 in British Columbia, 30 in Alberta, 1 in Ontario

35 development permits issued by local governments in Western Provinces

8 sites under construction 

17 stores completed

Documented brand history, inspired by Hawaii’s 1970’s Choom Gang

Total estimated square footage under lease: 62,400
Highlights

Choom™ 
Choom™ will provide an elevated experience for customers; bringing style, sophistication, and fun to the Canadian adult use cannabis market.

Facility and Capacity
Choom has an estimated 62,400 square feet under lease and a total estimated retail square footage of 37,050.

Cultivating Experience
Founded on the Choom principle of good times and good friends, the plan is to curate the right products and experiences for the cannabis consumer.

Documented Brand History
The Choom brand is inspired by Hawaii’s “Choom Gang” a group of buddies in Honolulu during the 1970’s who loved to smoke weed—or as the locals called it, choom.

Recreational Market Potential
Choom was created to cultivate naturally grown cannabis for the Canadian adult market. Canada’s legalization of recreational cannabis use in October, 2018 and the market is estimated to be $4.9B to $8.7B, and up to 8x medical consumption.

Choom Retail Program
Choom Stores have a cool, modern layout and design and will be helping everyone, from current users to “curious customers”. 

People who visit Choom Stores will be wowed by the experience that’s designed to make you feel welcomed — a real aloha vibe. The design team responsible for some of the most recognized retail environments around are bringing the Choom vibe to life.

CHOOM™ (CSE: CHOO | OTC: CHOOF) is a Canadian Recreational Marijuana brand perfectly positioned for the recreational market. Choom was purposely built for the rec market. What sets them apart is strong branding and execution, the ability to produce and expand production, and a vertically integrated retail strategy.
 

In The News
article 1 image
Who is the Choom Gang?
In The News frontline Who is the Choom Gang? “The Choom Gang was a bunch...[of guys], who were out to explore the world, to make it an adventure, to make it fun, to make it funny, and just generally become a family on our own. I mean, the Choom Gang became more of a family to me more than my own family...” READ MORE
article 2 image
The Choom Gang: President Obama’s pot-smoking high school days detailed in Maraniss’ book
“In fact,” Maraniss writes, “most members of the Choom Gang were decent students and athletes who went on to be successful and productive lawyers, writers and businessmen.” READ MORE
article 3 image
Visits With School Pals Are a Touchstone on President’s Trips to Hawaii
Mr. Obama has remained remarkably close to a trio he met as a teenager at Honolulu’s prestigious Punahou School (...) like so many other young islanders in the 1970s, smoked pot, the “choom” of that long-ago nickname. READ MORE
Related Articles

First Choom-Branded Store to Open in Niagara Falls

Choom™ (CSE: CHOO; OTCQB: CHOOF) announces 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.

Choom Enters MOU To Distribute CBD Animal Health Products

Canadian Cannabis Retailer Choom™ (CSE: CHOO; OTCQB: CHOOF), has signed a MOU with Better Choice Company, Inc. for the exclusive Canadian distribution rights to Better Choice’s CBD Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada.

Canadian Cannabis Retailer Enters US Market

Choom Holdings Inc. continues to grow its cannabis retail network by announcing today that they are making an equity investment in a New Jersey Cannabis Retailer. New Jersey is home to over 9 million people currently being served by only 12 cannabis operators in its medical program.