Category Archives: Choom Holdings Inc. CHOOF

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters LOI to Acquire Flower Power Cannabis Pharms Inc.

March 28, 2018

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a letter of intent to acquire Flower Power Cannabis Pharms Inc., a retail brand experience cannabis company, as well as its wholly-owned subsidiary, High Way 10 Cannabis Pharms Inc. Per the update, High Way 10, located in southern Saskatchewan, is currently in the active review stage of Health Canada’s application process under the ACMPR, and its initial 16,000 sq. ft. facility is capable of producing roughly 1,500 kg of dried cannabis per annum. “We are very pleased Choom™ has increased its total production capacity with the addition of potentially our fourth advanced stage applicant,” Chris Bogart, president and CEO of Choom, stated in the news release. “This acquisition further demonstrates our commitment to develop and acquire license and production assets along with retail dispensary opportunities, helping to position us to scale-up rapidly to meet the anticipated Canadian recreation market demand.”

To view the full press release, visit http://ibn.fm/xx5Af

Let us hear your thoughts: Choom Holdings Inc. Message Board

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 QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Prepares to Pounce on Canada’s Recreational Cannabis Market Following Upcoming Legalization

March 26, 2018

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is currently planning its expansion strategy as the end of cannabis prohibition in Canada approaches. An article discussing the company reads: “According to the company’s investor presentation made in November, by 2021, the recreational marijuana industry that Choom™ Holdings exclusively aims to serve is expected to be almost eight times the size of the medical marijuana industry, which is served by Choom’s Medi-Can Health Solutions Ltd. subsidiary, with benefits spilling over into the tourism industry, governmental tax and licensing coffers, and paraphernalia manufacturing market. Its nimble business model aims to be ready from the ground up to adapt to the changing cannabis landscape as recreational use becomes legal. Choom™ has a planned production facility capable of putting out 660 kg of dried cannabis per year and plans a second phase expansion that would take it to 2,400 kg per year at two British Columbia locations. Choom™ obtained C$2.7 million in financing through a non-brokered private placement in February, following on another $1 million raised to advance its efforts in December shortly after the company began trading on the Canadian Securities Exchange and shortly before beginning trading on the OTCQB exchange in the United States.”

To view the full article, visit http://ibn.fm/1fin1

Let us hear your thoughts: Choom Holdings Inc. Message Board

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 QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Signs Deal to Open Multiple Choom™ Branded Retail Dispensaries

March 20, 2018

  • Choom™ is a high-quality hand-crafted cannabis brand created for the Canadian recreational market
  • Last month, the company opened retail opportunity to entrepreneurs and businesspeople across Canada
  • Choom™ inked first deal, not for just a single store, but rather for an entire territory

Set to be legalized in July of this year, Canada’s recreational marijuana market is estimated to exceed $8.7 billion annually. That figure doesn’t include ancillary businesses such as paraphernalia, weed-related tourism, testing labs and security services. All factored in, the market potential jumps to up to $22.6 billion a year (http://ibn.fm/wxPqn). The general consensus is that the marijuana market in Canada will only continue along an upward trajectory. Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is rapidly positioning itself to become the premier recreational cannabis brand in Canada and capture a significant portion of this newfound cannabis bonanza.

Choom™ is a high-quality hand-crafted cannabis brand created exclusively for the Canadian recreational market. By cultivating outstanding bud as well as an exceptional customer experience, Choom™ intends to become the recognized market leader in reaching the cannabis consumer. To achieve that end, Choom™ is developing a chain of modern, stylish dispensaries designed by the same team responsible for some of the most desirable retail environments in Canada. The company has expanded the opportunity to entrepreneurs and businesspeople interested in participating in the lucrative new recreational marijuana market by registering for their own Choom™ stores.

Announced only about a month ago (http://ibn.fm/1t22D), the response to owning a Choom™ store is exceeding expectations, as savvy business folks are lining up for a piece of the cannabis pie. This comes as little surprise, since legal recreational marijuana dispensaries are expected to generate more revenue per square foot than Whole Foods. In line with this response, the company recently announced that it has signed the first agreement in its retail investor program (http://ibn.fm/tk7WS).

Following its bold agenda, Choom™ has inked a deal not for just a single store but rather for an entire territory. A consortium of local investors and business partners known as the ‘Thompson Okanagan Choom Group’ has secured the exclusive territory rights to open multiple Choom™ branded retail dispensaries in the Thompson-Okanagan region. The Thompson-Okanagan region is a tourist magnet located in the central interior of British Columbia and offers wineries, boating and loads of outdoor activities. The investment consortium is led by Debra G. Adams, Sherman Dahl, Imre Kovacs and Kent Adams, all of whom are excited about the Choom™ opportunity. In a news release, Adams stated, “We’ve been closely monitoring the explosion of Cannabis companies in Canada and are very pleased to be working with a ‘best in class’ operator such as Choom™. The branding, professionalism and style of Choom™ is second to none and our team can’t wait to get started!”

By cultivating outstanding bud as well as an exceptional consumer experience, Choom™ is likely to attract evermore retail partners and is fast on its way to establishing a significant retail footprint and becoming a recognized leader in the Canadian recreational cannabis markets.

For more information, visit the company’s website at www.Choom.ca

Let us hear your thoughts: Choom Holdings Inc. Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Seeking its Share in the Anticipated Canadian Recreational Marijuana Market

March 19, 2018

  • Potential Canadian marijuana market upside estimated at $22.6 billion
  • Choom™ strategy is soil-to-shelf integration through cultivation, branding and retail marketing
  • Company seeking phase 1 and 2 revenue growth in Vernon and Vancouver Island, British Columbia, Canada

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is focused on the recreational marijuana market in Canada and is projecting revenues from its retrofit and expansion efforts in Vernon and Vancouver Island, British Columbia, Canada. In its investor presentation of March 2018 (http://ibn.fm/SAggO), the company positioned itself to become a branded, fully integrated cannabis company in the recreational marijuana market of Canada. Its plans for growth include its own product cultivation, retail expansion and acquisitions.

In its presentation, Choom quotes the ‘Canaccord Genuity Canadian Cannabis Industry Overview’ as projecting that the total marijuana market will reach $6 billion by 2021. It finds that recreational users will outnumber medical marijuana users by almost eight times, calling for 3.8 million recreational users to roughly 500,000 medical users.

The Vancouver-based company is focused on branding, building a chain of its own Choom retail dispensaries, positioning its premium brand and acquiring production assets.

Choom has two significant projects. Through its presence in Vernon, British Columbia, it expects phase 1 revenue of $6.6 million, with $15 million from phase 2. A retrofit is scheduled for completion by July 2018, and expansion is planned for the end of 2018. In Vancouver Island, British Columbia, phase 1 potential revenue is estimated at $4.5 million, with $9 million in phase 2. All revenue projects exclude oils. Retrofit completion is scheduled for July 2018, and phase 2 expansion completion is planned by the end of 2019.

The larger picture focuses on the total marijuana market’s potential upside of $22.6 billion, according to the Deloitte Recreational Marijuana/Insights and Opportunities report (http://ibn.fm/NmWX2). This upside figure represents the additional revenue from growers, tourism, license fees, business taxes and base retail market value.

As it grows, Choom’s shares are now Depository Trust Company (“DTC”) of New York-eligible, allowing for easier trading of Choom shares on the OTC (http://ibn.fm/ZG7BU). The company recently named Chris Gagan as its senior vice president of marketing, making him responsible for the development of the Choom brand and retail marketing (http://ibn.fm/xSEtp).

For more information, visit the company’s website at www.Choom.ca

Let us hear your thoughts: Choom Holdings Inc. Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks Definitive Amalgamation Agreement to Acquire Late Stage ACMPR Applicant

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning said that along with its wholly-owned subsidiary, Arbutus Brands Inc., it has entered into a definitive amalgamation agreement with International Tungsten Inc. (“ITI”). Per the terms of the agreement, Arbutus Brands will merge with ITI and the combined company will remain a wholly-owned subsidiary of Choom operating under the name of Arbutus Brands. All issued and outstanding securities of ITI will be exchanged for securities of Choom. Additionally, ITI has entered into an agreement to acquire all of the issued and outstanding securities of an applicant under the Access to Cannabis for Medical Purposes Regulations (the “ACMPR”), Specialty Medijuana Products Inc. (“SMP”). SMP has submitted its Affirmation of Readiness (“AOR”) evidence package to Health Canada and expects to receive a cultivation license from Health Canada within the next several weeks. In connection with the transaction, Choom has successfully completed an offering of subscription receipts at a price of $0.60 each for total gross proceeds of $7.0 million. None of the securities issued in connection with the transaction or the offering may be offered or sold in the United States.

To view the full press release, visit http://ibn.fm/mrG5l

Let us hear your thoughts: Choom Holdings Inc. Message Board

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 QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks First Agreement in Retail Investor Program

March 7, 2018

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has signed the first agreement in its retail investor program and welcomes an Okanagan group to the Choom™ brand. Comprised of local investors and business partners, the ‘Thompson Okanagan Choom Group’ (“TOCG”) has exclusive territory rights to open multiple Choom™ branded retail dispensaries in the Thompson-Okanagan region. With decades of combined business experience, TOCG is directed by Debra G Adams, Sherman Dahl, Imre Kovacs and Kent Adams.

To view the full press release, visit http://ibn.fm/Ty3JE

Let us hear your thoughts: Choom Holdings Inc. Message Board

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 QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Opens the Door for Canadian Entrepreneurs with Dispensary Rollout Strategy

March 2, 2018

  • Recreational marijuana set to be legalized in Canada in July 2018
  • Choom™ is developing unique lifestyle brand and national retail footprint in new $8.7 billion-plus market
  • Retail rollout strategy provides entrepreneurs opportunity to profit from coming bonanza

Entrepreneurs and businesspeople across Canada now have the opportunity to participate in the country’s lucrative new recreational marijuana market. Estimated to exceed $8.7 billion annually, recreational marijuana is set to be legalized in July of this year, and savvy business folks are looking for a piece of the cannabis pie. This is little wonder, since legal recreational marijuana dispensaries are expected generate more revenue per square foot than Whole Foods. With the recent announcement of its national retail dispensary rollout strategy, Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is providing individual entrepreneurs the opportunity to capitalize on the expected business boom by registering for their own Choom™ store (http://ibn.fm/Vmadr). Given the immense opportunity, response should easily exceed expectations.

Choom™ is targeting nothing less than becoming the premier recreational cannabis brand in Canada. With its fully-integrated business model, the company aims to be the seed-to-sale market leader in reaching the Canadian cannabis consumer. Choom™ intends to become a leading Canadian cannabis grower and will be developing a chain of high-end branded retail cannabis dispensaries in strategic Canadian jurisdictions. Choom™ retail stores will provide discriminating cannabis consumers a cool, modern, stylish dispensary designed by the same team responsible for some of the most recognizable retail environments in Canada. Cultivating an exceptional consumer experience is an essential segment of Choom’s overarching retail distribution strategy. A strong retail identity and powerful branding will set Choom apart in the newly-launched national recreational cannabis market.

Choom™ is led by a successful, seasoned professional, president and CEO Chris Bogart, who has over two decades of international experience in business enterprises and capital markets. Commenting on the retail rollout in a recent news release, Bogart stated, “We’re inviting people to open a dispensary with a world class brand built exclusively for the recreational cannabis market. We’re encouraging entrepreneurs to join our family by registering for their own Choom™ store. Choom™ is using design and retail strategies that have worked successfully at some of the most profitable storefronts in the country. We are telling our Choom™ story with our stores and will elevate the concept of a high-quality product though our new retail environments, and we’re inviting others to join us.”

By cultivating an exceptional consumer experience and offering entrepreneurs across Canada the opportunity to profit from the coming cannabis bonanza, Choom™ could establish a significant national retail footprint and become a recognized leader in the Canadian recreational cannabis markets.

For more information, visit the company’s website at www.Choom.ca

Let us hear your thoughts: Choom Holdings Inc. Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Receives Processing Approval from Depository Trust Company

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has received processing approval from The Depository Trust Company (“DTC”) of New York and, as a result, is now DTC eligible. The DTC is a subsidiary of the Depository Trust & Clearing Corporation that manages electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC enjoy expedited receipt of stock and cash, which translates to an accelerated settlement process for investors. Per the update, being DTC eligible is expected to greatly simplify the process of trading Choom’s common stock on the OTC marketplace in the United States.

To view the full press release, visit http://ibn.fm/yzUyU

Let us hear your thoughts: Choom Holdings Inc. Message Board

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 QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Adds Senior Vice President of Marketing

February 28, 2018

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced its appointment of Chris Gagan to the position of Senior Vice President of Marketing in a move that’s expected to play a key role in refining the company’s brand strategy. Gagan bring more than two decades of marketing and brand development experience to Choom, having previously led the design and development team for Canada’s largest national retailer of sporting goods, FGL Sports. As Choom’s Senior Vice President of Marketing, Gagan will provide leadership and guidance related to the execution of the company’s marketing efforts, as well as providing key insight into the continued development of its corporate strategy. “We’re excited to bring Chris on to our leadership team,” Chris Bogart, CEO of Choom, stated in the news release. “His experience with lifestyle marketing, design and sports branding with Fox Racing and Sugoi Performance Apparel will be important in positioning Choom™ as a leading lifestyle brand in Canada. In addition, his knowledge of retail merchandising will help accelerate and solidify Choom’s position within the recreation cannabis sector in Canada.”

To view the full press release, visit http://ibn.fm/4mjC9

Let us hear your thoughts: Choom Holdings Inc. Message Board

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 QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Evokes Good Times Vibe in Build up to Canadian Marijuana Legalization

February 26, 2018

  • Canada expects to make recreational marijuana use legal nationwide later this year
  • Legalized revenues have forecast potential to reach up to $8.7 billion, with more than $20 billion for ancillary services
  • CHOOF invites ‘good people’ to open franchise retail dispensaries

While winter days in frigid northern climates mean snow and cold winds, a company in Canada’s British Columbia is embracing the timeless warmth of Hawaii’s laid-back lifestyle. Choom™ Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is building a friendly entry into the country’s growing legalized cannabis industry as it awaits final stage approval of its Access to Cannabis for Medical Purposes Regulations (“ACMPR”) license and application to serve the anticipated recreational marijuana market once full nationwide legalization takes place later this year.

In early February, the company announced it was seeking ‘good people’ interested in opening their own Choom™ store retail dispensary franchises across Canada, wherever marijuana is legalized. “We’re inviting people to open a dispensary with a world class brand built exclusively for the recreational cannabis market. We’re encouraging entrepreneurs to join our family by registering for their own Choom™ store,” President and CEO Chris Bogart stated in a news release about the proposal. “We are telling our Choom™ story with our stores and will elevate the concept of a high-quality product through our new retail environments, and we’re inviting others to join us.”

A Deloitte survey of attitudes in 2016 arrived at the conclusion that revenues for the legalized market may reach anywhere from $4.9 billion to $8.7 billion with ancillary markets that could top $20 billion; these are figures that Choom™ Holdings has taken note of while planning its expansion strategy as the end of cannabis prohibition nears.

“This is a once in a lifetime opportunity for you to enter a potential Multi-Billion Dollar industry,” the company’s website states. “Marijuana dispensaries in legalized states in the US make more per square foot than Whole Foods, and you can get in on the ground floor in the Canadian Market.”

According to the company’s investor presentation made in November, by 2021, the recreational marijuana industry that Choom™ Holdings exclusively aims to serve is expected to be almost eight times the size of the medical marijuana industry, which is served by Choom’s Medi-Can Health Solutions Ltd. subsidiary, with benefits spilling over into the tourism industry, governmental tax and licensing coffers, and paraphernalia manufacturing market. Its nimble business model aims to be ready from the ground up to adapt to the changing cannabis landscape as recreational use becomes legal. Choom™ has a planned production facility capable of putting out 660 kg of dried cannabis per year and plans a second phase expansion that would take it to 2,400 kg per year at two British Columbia locations. Choom™ obtained C$2.7 million in financing through a non-brokered private placement in February, following on another $1 million raised to advance its efforts in December shortly after the company began trading on the Canadian Securities Exchange and shortly before beginning trading on the OTCQB exchange in the United States.

“Our products will be focused on cultivating good times and good friends,” the company’s website states. Choom™ refers to an old Hawaiian term for people who hang out and smoke weed, evocative of that spirit of adventure and fun that the company wants to promote.

For more information, visit the company’s website at www.Choom.ca

Let us hear your thoughts: Choom Holdings Inc. Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is “One to Watch”

February 20, 2018

  • Two applications for Health Canada ACMPR license in detailed review stage; one in the detailed review stage and one application in readiness stage
  • Canadian recreational market projected to surge to over $8 billion by 2021
  • Two growing facilities undergoing state-of-the-art retrofit have potential to generate CDN$16 million in revenue, excluding cannabis oils
  • Choom™ Retail Stores and Retail Store partner program to offer high-quality, premium branded retail cannabis dispensaries and the opportunity for individual investor store ownership across Canada

Choom Holdings Inc. (OTCQB: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s “Choom Gang,” a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with “choom,” the local’s term for marijuana. Choom’s trademark slogans pivot off another unconventional phrase (“Say Hello to…”), bringing a heady dose of good times and good friends together as the company invites investors to “Say Hello to Choom™” as it lights up the adult recreational cannabis market in Canada.

Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company’s first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom’s initial license applications to ensure the company’s readiness for legalization of recreational marijuana in Canada mid-summer 2018.

True to the company’s character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1’s revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.

Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic “Aloha” vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.

A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.

While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company’s growth strategy. Get ready to “Say Hello” to opportunity, good times and good friends with Choom™.

For more information, visit the company’s website at www.Choom.ca

Let us hear your thoughts: Choom Holdings Inc. Message Board

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Choom™ (CSE: CHOO) (OTCQB: CHOOF) Cultivating an Exceptional Consumer Experience

January 26, 2018
  • Branding and retail focused to capture large share of $8.7 billion Canadian recreational cannabis market
  • Developing chain of branded retail cannabis dispensaries – just announced new retail store concept
  • Intends to establish a significant retail footprint in the Canadian recreational cannabis markets

The laid back Hawaiian lifestyle is the envy of the world. Surfers and sun worshipers enjoy life and, for decades, have relaxed with ‘choom’, the local name for marijuana. Now a company, Choom™ (CSE: CHOO) (OTCQB: CHOOF) is bringing the spirit and lifestyle of Hawaii to Canada. Choom™ is a high-quality hand-crafted cannabis brand created exclusively for the Canadian recreational market. Headquartered in Vancouver, British Columbia, Choom™ intends to become a recognized market leader in reaching the Canadian cannabis consumer by developing a chain of branded retail cannabis dispensaries in strategic Canadian jurisdictions.

Choom retail stores will provide discriminating cannabis consumers a unique, modern environment, as well as a welcoming atmosphere for curious neophytes. Cultivating an exceptional consumer experience is an essential segment of Choom’s overarching retail distribution strategy. A strong retail identity and powerful branding will set Choom apart in a newly launched national recreational cannabis market.

To bring the Choom vibe to life and create exactly the right image, environment and experience, the company just announced its new retail store concept design and engaged a design team responsible for some of the most recognized retail environments in Canada (http://ibn.fm/Gx98n). In a news release, Juli Hodgson, president of Hodgson Design Associates, stated, “We wanted to create a retail experience for Choom™ that measured up to stores in any industry. We wanted to be able to translate the brand into a welcoming physical and operational environment. Immersive store design will be critical to retail success in an industry destined for explosive growth”.

The company is led by a successful, seasoned professional. Chris Bogart, president and CEO of Choom™, has over two decades of international experience in capital markets. Bogart has been directly involved in multiple operating companies, active in M&A and equity financings, and has raised in excess of $100M for public and private companies. Bogart was a co-founder of InMed Pharmaceuticals (CSE: IN) and a co-founder of Magnum Uranium, which was acquired by TSX-listed Energy Fuels.

Excited about Choom’s latest developments, Bogart commented, “As the Canadian market approaches a new cannabis recreation marketplace, meeting consumer perception and choice with social credibility will be key.”

The legalization of recreational cannabis is slated for July 2018 in Canada, and licensed producers are vying for retail recognition in preparation for the expected tsunami of recreational demand. For the majority of cannabis companies, retail distribution is almost an afterthought, but branding and retail positioning will be paramount in capturing an out-sized share of the estimated $8.7 billion annual recreational marijuana in Canada. By cultivating an exceptional consumer experience, Choom™ intends to establish a significant retail footprint and also become a recognized leader in the Canadian recreational cannabis markets.

For more information, visit the company’s website at www.Choom.ca

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

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