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Cohort PLC COHT
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Posted On: 05/21/2019 3:41:58 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces SMP’s Receipt of Cultivation License on Sooke Expansion Facility

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that Specialty Medijuana Products Inc. (“SMP”), of which Choom Holdings is a 9.8 percent equity stakeholder, has received a Health Canada cultivation license on an additional and contiguous site in Sooke, B.C. According to the update, the license was issued and effective on May 17, 2019. “As a stakeholder in SMP, we are thrilled to see SMP receive an additional license from Health Canada,” Choom President and CEO Chris Bogart said in the news release. “As a cannabis retailer, we cannot be more excited to have another craft focused cultivator from B.C. available in the market in the coming months. With the nation-wide cannabis shortage we’re experiencing in Canada, the addition of a licensed production facility focused on craft grown product for the legal market benefits us as a retailer immensely.”

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