British Columbia-based cannabis cultivation firm Choom
Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has
progressed its retail portfolio and expanded its cannabis retail store network
in Alberta and British Columbia. The company has attained the rights to an
additional 12 retail locations, five of which are in Alberta and the remaining
seven are located in B.C. The new retail opportunities bring Choom’s potential
retail locations across western Canada up to 52. The company anticipates
increasing this count even further as it is currently negotiating additional
leases with the plan of submitting applications for retail licenses. In
addition, Choom announced that it has received development permits in 11
municipalities and is in the process of its retail store buildouts. “We are
excited to continue our progress towards being a leading private cannabis
retailer in Canada,” Choom president and CEO Chris Bogart stated in the news
release. “In the burgeoning recreational sector, the consumer will be difficult
to acquire, and as such, a strong Choom™ retail presence is key to customer
acquisitions and securing market share. Choom’s brand was created exclusively
for the adult use market, and core to our values is cultivating an excellent experience
for the consumer via way of retail distribution. We are committed to
pursuing retail opportunities across the country and remain focused on
cultivating ‘Good Times with Good Friends’.”
To view the full press release, visit http://ibn.fm/abPFS
SAY HELLO TO CHOOM™
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. Evoking the spirit of the
original Choom Gang, the brand is synonymous with cultivating good times
with good friends. The company is focused on delivering an elevated customer
experience through its curated retail environments, high-grade handcrafted
cannabis supply, and a diversity of brands for the Canadian recreational
consumer. For additional information on Choom™, please visit www.choom.ca
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