Choom?
I saw that stock pop up as I was researching.
Thoughts on Choom? Is their retail footprint real in Canada?
Posted Apr 19, 2020, 10:03 PM UTC
I saw that stock pop up as I was researching.
Thoughts on Choom? Is their retail footprint real in Canada?
Posted Apr 19, 2020, 10:03 PM UTC
There strains are well received. I believe ACB has first rights to purchase up to 40% of the company. But given the mess they’re in right now that might be difficult. If Choom needs money it probably won’t be through ACB
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I'd look for a franchisor such as ISH. There's less revenue but the risk is minimal compared to a company that operates many corporate stores.
They’re garbage atm. Been that way for a while. They swing between 7.1 cents to 7.8 cents every single day.
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Choom in Niagara Falls is always busy. Beautoful store too.
My one complaint: there are WAY too many employees per store. Makes for a chill, friendly environement. But thats gotta hurt bottom dollar.
New Choom store looks ready to open next week in Vancouver (Olympic Village). I think the company is going to really start generating revenue soon. Lots of new stores coming online. I see one in Kits is under construction, and they got a licence to open a new one in Yaletown (all desirable Vancouver neighbourhoods). Stock at $.09 I am buying
Moon
Choom or Hiti, so cheap tied together thru ACB. Lose ur money on a Canadian dispensary. I will lose 1500 on Hiti