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Prohibition is over in Canada!
VANCOUVER, Oct. 17, 2018 /CNW/ – Choom™ (CSE: CHOO) (OTCQB: CHOOF) (“Choom”) an emerging adult use cannabis company is pleased to report on this historic date – the legalization of adult use cannabis in Canada and the end of prohibition – that its wholly-owned subsidiary, Specialty Medijuana Products Inc., has received a cultivation license from Health Canada.
October 17, 2018 will go down in Canadian history as the day cannabis was legalized for adult use from coast to coast, ending almost a century of prohibition. Choom is poised to become a major retail player in the adult use cannabis space, with stores scheduled to open across the country.
Choom has secured the rights to 52 retail opportunities across Western Canada and its rapidly expanding Alberta presence now stands at 29 in highly strategic and secure locations, with 14 Development permits and 11 building permits received from the various municipalities. With recently amended regulations in Ontario, Choom has deployed its real estate team throughout the province of Ontario to secure a significant cannabis retail footprint in Canada’s largest adult use market.
Choom™ is executing an aggressive expansion plan to create a significant retail storefront brand in the Canadian adult use market and is committed to developing and acquiring retail stores as a top priority. In all cases, the retail opportunities are subject to all necessary governmental and municipal approvals being granted. This number is expected to grow over the coming months as the Company is currently negotiating additional leases with the intention of submitting applications for retail licenses.
Chris Bogart, CEO of Choom Holdings Inc, comments: “Now that legalization is finally here, we are continuing to aggressively roll out our retail strategy. We see a massive opportunity in the retail market, and our goal is to build Choom into an iconic Canadian retail storefront brand. This officially marks opening day in the adult use cannabis market in Canada, and we look forward to the day when Choom is synonymous with good times with good friends from coast to coast.”
Choom™ is inspired by Hawaii’s famous “Choom Gang”- a group of buddies in Honolulu during the 1970’s who loved to smoke weed— or as they called it, choom. Now, that same sweet, sticky sinsemilla that brought the Choom Gang together for good times is inspiring the next generation of the choom gang- right here in Canada.
Choom™ is all about good times with good friends. At every Choom™ retail location, you’ll be sure to find top shelf pakalolo, sourced from Health Canada approved Licensed Producers, curated to cater to a wide range of users- from the cannabis curious to the seasoned consumer.