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Choom Holdings Inc (CHOO)

CSE
Currency in CAD
Disclaimer
0.005
0.000(0.00%)
Closed

CHOO Comments

CHOOF (T) 24.00000000 0.07889167
CHOOF (T) 12.00000000 0.10518333
Choom Holdings Inc. ( $CHOO.C , $CHOOF ) is a Canadian retail cannabis Company that provided their 2021 operational update yesterdayThe top highlights from the update included their New Store Development progress:-Liberty Village, Toronto location opened July 28-The construction has commenced at their Hamilton location-The pre-construction planning is underway at the Ottawa location-Vancouver, Dunsmuir Street acquisition has been finalized & pre-construction activities are underwayIn the report, $CHOO also announces the grant of 15,125,000 stock options to employees, officers, and directors of the Company. These options have an exercise price of $0.065/share, and are exercisable until August 9, 2026,Finally, they announced that they have granted an aggregate of 750,000 restricted share units to independent directors of the Company.$CHOO is currently trading at only $0.065Full article here:https://www.businesswire.com/news/home/20210810005253/en/Choom-Announces-Mid-Year-Operational-Update
Their first Liberty Village store in Toronto just opened and as they continue with their aggressive expansion plans throughout the coming years, $CHOO has lots of potential. They have 15 stores in 3 provinces, a management team with over 100+ years of experience, 425k+ customer transactions in-store and online, and their Q2 2021 rev represented 350% YOY growth.
Choom announces final prospectus filing with unit costs at $0.08 - closing aimed for July 8. $CHOO is one to watch despite the overcrowded nature of the cannabis market because of its well-positioning in regulatory space meeting home delivery demands.
Financial results just came out, some highlights:- Q3 2021 Revenue of $5.10M vs $2.06M last year- Q3 2021 Gross Margin of 37.85% Year to Date (9 months ending March 31, 2021)- YTD Revenue of $17.17M, 404% growth YOY (an increase of $13.76M)- YTD Gross Margin of 36.49%A market cap of only $27.6M with $17M in revenue up to Q3 (not even over a full 12 months). This performance during the height of the pandemic is making $CHOO look very undervalued IMO. I expect the current levels to be the lowest that they’ll be over the long-term as they continue to expand the brand and open new stores in the future.
This company has got tremendous potential. Cannot go wrong with Canadian marijuana right now. Buy buy buy
Bright future ahead for this company. Get on this train because is leaving soon CHOO CHOO
Not leaving any time soon before nj market goes rec legal and aurrora will need to fund all capital if chhom is awarded licence when the train move it will be wuick anything above 1.00 time to sell and take profit buy if you took the 20 pct one day and sold the next buy and wait should be at 35-45 cents top usd
what platform can you get choom holdings on?
Nyse or canadian
You missed the original aurora funding months ago they applied for nj licence. Follow aurora scc filings look for filling coming up and that would be ideal buy in time my guess 35/45 cents
what platform can you get choom holdings on?
i have very high hopes for this co.gettin on the choom train really cheap
how do I invest in choom stocks I have never done this before and would like to start
lets hope you already did. It's up 40% today.
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