Choom Holdings Inc. CHOOF Archives - Page 3 of 4

MondayJun 18, 2018 9:30 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

FridayJun 15, 2018 10:13 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Acquisition of Specialty Medijuana Products

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it is closing its acquisition of Specialty Medijuana Products Inc. ("SMP") today in accordance with an amended and restated amalgamation agreement among Choom, Arbutus Brands Inc. and International Tungsten Inc. The acquisition substantially improves and advances the company’s operational scale and production capacity. "We are excited to add SMP to the Choom group of companies under our Arbutus Brands subsidiary," Choom Holdings president and CEO Chris Bogart stated in the news release. "Arbutus Brands will add value to the entire Choom supply chain, from seed…

FridayJun 08, 2018 10:08 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Praises Passing of Bill C-45

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning commended the passing of Bill C-45 by the Canadian Senate. "This is an exciting day for the Cannabis industry in Canada. Legalization is now officially on the horizon, and while some might think they have seen the crest of the cannabis wave that has been building for years, Choom™ recognizes that we've just started paddling into a wave that will build momentum now that legalization is in place. In every major market- Colorado, Washington, California- we've seen adult-use grow year over year by double digits. Choom™ sees…

ThursdayMay 17, 2018 9:27 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Forms Board of Advisors

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning named key executives that it has appointed to its Board of Advisors to help drive the brand into Canada's promising recreational marijuana market. Per the update, the newly-appointed advisors are Derek Chan, John Heaney and Bobby Black. "These individuals bring a wealth of knowledge and experience from a variety of industries. Our ability to attract this phenomenal talent is a testament to Choom's vision and strategic plan as we launch our brand in Canada's recreational use cannabis segment. As we rapidly execute our business model we have…

TuesdayMay 15, 2018 9:50 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Increases Footprint in Western Canada with Eight Additional Retail Opportunities

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has secured the rights to an additional eight retail locations in Alberta, increasing its total to 17 applications in the approval process with the Alberta Gaming and Liquor Commission (“AGLC”). “Our goal is to secure significant market share where private cannabis retail stores are permitted. Increasing our footprint in Western Canada naturally strengthens our reach to consumers,” Chris Bogart, president and CEO of Choom, stated in the news release. “With the coming recreational cannabis market, ensuring an elevated customer experience and positive initial…

ThursdayMay 10, 2018 3:10 pm

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Navigating High Tides of Canadian Cannabis, Prepping to Surf Opportunity

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is navigating the tides and preparing for opportunity ahead of Canada’s legalization of recreational cannabis. A recent article that highlighted the company’s strategic positioning stated, “Choom currently has acquired two ACMPR applicants and has agreements in place to acquire two additional ACMPR applicants, fortified by its recent addition of Saskatchewan-based High Way 10 and parent company Flower Power Cannabis Pharms (http://ibn.fm/hs1Yt). As the company noted in a news release announcing the acquisition, High Way 10 is currently in the active review stage of Health Canada’s rigorous application process. Following the completion of select…

ThursdayMay 03, 2018 11:22 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Close of Island Green Cure Acquisition

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its acquisition of Island Green Cure Ltd. (“IGC”), an advanced-stage cannabis production license applicant under Health Canada’s Access to Cannabis for Medical Purposes Regulations. Pursuant to the closing, Choom will issue eight million common shares to the shareholders of IGC and 500,000 common shares to a finder. In a January news release detailing the IGC acquisition, Chris Bogart, president and CEO of Choom, stated, “Upon completion of the tenant improvements, [Island Green Cure Ltd.] will submit its evidence package to Health…

TuesdayMay 01, 2018 1:43 pm

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) to Close Acquisition of Island Green Cure

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) recently announced that on May 2, 2018, the company intends to close the acquisition of Island Green Cure Ltd. ("IGC"), an advanced-stage cannabis production license applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations (“ACMPR”). In accordance with the closing, Choom will issue 8,000,000 common shares to the shareholders of IGC and issue 500,000 common shares to a finder. A consultant or related parities of the consultant will receive 536,000 common shares, as a shareholder of IGC, and 500,000 common shares as a finder, which will…

TuesdayApr 24, 2018 2:48 pm

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Bold Strategy Demonstrates Success through Retail Investor Program

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) inked its first agreement in its retail investor program in March 2018. An article discussing the deal reads: “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…

ThursdayApr 19, 2018 9:10 am

QualityStocksNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks Definitive Agreement to Acquire Island Green Cure Ltd.

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has entered into a definitive agreement to acquire Island Green Cure Ltd. ("IGC"), an advanced-stage cannabis production license applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations (“ACMPR”). IGC is currently in the "Confirmation of Readiness Stage" in the application process. Subject to customary closing conditions, the acquisition is anticipated to close at the end of April. "We are excited to secure our second acquisition and increase our total production capacity with another craft growing facility to cultivate Choom's premium handcrafted flower.…

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