Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) (" Choom "), announces today that Choom and certain of its subsidiaries (Choom BC Retail Holdings Inc., 2151414 Alberta Ltd., 2688412 Ontario Inc., and Phivida Holdings Inc., herein the " Subsidiaries ", and together with Choom, the " Companies ") have obtained an order (the " Initial Order ") of the Supreme Court of British Columbia providing the Companies protection from their... Read More

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) (" Choom " or the " Company "), a Canadian retail Company focused on delivering an elevated customer experience through high quality service, announces that Mr. Kevin Puil and Peter Simeon have resigned from the board of directors of the Company effective immediately. "The Company has commenced a search for suitable independent directors to fill the vacancies left by the... Read More

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) (" Choom " or the " Company "), a Canadian retail Company focused on delivering an elevated customer experience through high quality service, is pleased to report its financial and operating results for Q2 2022, ending December 31, 2021. Q2 2022 Financial Highlights: Revenue of $4.21M versus $4.84M in Q1 2022 Gross Margin of 37.53% versus 37.17% in Q1 2022 Selling, general &... Read More

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) (" Choom " or the " Company "), a Canadian retail company focused on delivering a high quality cannabis experience through its elevated service, is pleased to to announce a non-brokered private placement of 10,000,000 units of the Company (" Units ") at a price of C$0.05 per Unit for gross proceeds of C$500,000 (the " Private Placement "). Each Unit consists of one common share... Read More

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) (" Choom " or the " Company "), a Canadian retail Company focused on delivering an elevated customer experience through high quality service, is pleased to report its financial and operating results for Q1 2022, ending September 30, 2021. Q1 2022 Financial Highlights: Revenue of $4.84M versus $4.88M in Q4 2021 Gross Margin of 37.17% versus 38.35% in Q4 2021 SG&A of $2.16M versus... Read More

Choom Holdings Inc. (" Choom " or the " Company ") (CSE: CHOO) (OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company is pleased to report its financial and operating results for the 2021 fiscal year, ending June 30, 2021 . Fiscal 2021 Financial Highlights: FY 2021 Revenue of $22.05M Increase of $14.7M and 200% over FY 2020 revenue of $7.4M FY 2021 Gross Margin of 36.9% Increase of 6.31% over FY 2020 gross margin... Read More

Choom™ (CSE: CHOO; OTCQB: CHOOF), one of Canada’s leading recreational cannabis retailers, is pleased to announce the launch of its latest retail store in Hamilton, ON (2190 Rymal Road East, Unit E-01, Hamilton, ON, L0R 1P0, Canada). Choom continues its national retail store expansion with its latest Ontario store. The brand now has 17 operational retail locations across Alberta, Ontario, and B.C. Today’s announcement... Read More

Choom Holdings Inc. (“ Choom ” or the “ Company ”) (CSE: CHOO; OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company, is pleased to provide a 2021 operational update. Liberty Village, Toronto location opened Hamilton location construction commenced Ottawa location pre-construction planning underway Vancouver, Dunsmuir Street acquisition finalized “As we move through the summer months, the strengthening of the... Read More

Choom Holdings Inc. (" Choom " or the " Company ") (CSE: CHOO) (OTCQB: CHOOF), a fast-expanding Canadian retail cannabis company, is pleased to announce that it has completed its previously announced restructuring (the " Debt Restructuring ") of approximately $25.9 million of outstanding debt, including approximately $21.8 million owing to Aurora Cannabis Inc. (" Aurora ") and its public offering of units (the " Units ") at... Read More

Choom Holdings Inc. (" Choom " or the " Company ") (CSE: CHOO) (OTCQB: CHOOF), a fast-expanding Canadian retail cannabis company, is pleased to announce that further to the Company's press release of May 25, 2021 , it has filed a final short form prospectus (the " Final Prospectus ") with the securities regulators in British Columbia , Alberta , Saskatchewan , Ontario and New Brunswick in connection with the Company's public... Read More

Choom Holdings Inc. (“ Choom ” or the “ Company ”) (CSE: CHOO; OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company, is pleased to announce plans to open its first Toronto Flagship in the trendy neighborhood of Liberty Village (61 Hanna Avenue, Toronto, ON, M6K 3N7, Canada) in July. The brand is currently operating 15 locations in Alberta, Ontario, and B.C, with ambitious expansion plans through 2024. “The... Read More

Choom Holdings Inc. (“ Choom ” or the “ Company ”) (CSE:CHOO; OTCQB:CHOOF), a fast-expanding Canadian retail cannabis Company, is pleased to announce plans to launch its new member program, Choom Plus , in early July. The Choom Plus member program will provide customers with access to exclusive benefits such as sales and promotions, cannabis infused recipes, playlists, Choom Sessions and more. Choom Plus is free for members... Read More

Choom Holdings Inc. (“ Choom ” or the “ Company ”) (CSE: CHOO; OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company, seeks to capitalize on regulatory changes announced this week by the B.C. government with its decision to greenlight Cannabis home delivery next month. “We’re excited with this most recent announcement as it only further supports Choom’s strategic decision to bet big on digital,” Corey Gillon, CEO... Read More

Choom Holdings Inc. (" Choom " or the " Company ") (CSE: CHOO) (OTCQB: CHOOF), a fast-expanding Canadian retail cannabis Company is pleased to report its financial and operating results for Q3 2021, ending March 31, 2021. Q3 Financial Highlights: Q3 2021 Revenue of $5.10M Increase of $3.05M and 147.94% over Q3 2020 revenue of $2.06M Q3 2021 Gross Margin of 37.85% Increase of 8.46% over Q3 2020 gross margin of 29.39% Q3 2021... Read More

Restructures $25.9 Million of Debt and Announces Short Form Prospectus Offering for Gross Proceeds of up to $5.0 M illion Highlights: Recapitalization transaction significantly reduces debt obligations, allowing the Company to focus on growth and expansion Launch of a marketed unit offering to raise up to $5.0 million Restructuring of Choom's debt held by Aurora including portion converted to equity, subject to completion of... Read More