NetworkNewsBreaks – Choom Holdings Inc. (CSE: CH
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Posted On: 05/10/2018 4:21:31 PM
NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Navigating High Tides of Canadian Cannabis, Prepping to Surf Opportunity
Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is navigating the tides and preparing for opportunity ahead of Canada’s legalization of recreational cannabis. A recent article that highlighted the company’s strategic positioning stated, “Choom currently has acquired two ACMPR applicants and has agreements in place to acquire two additional ACMPR applicants, fortified by its recent addition of Saskatchewan-based High Way 10 and parent company Flower Power Cannabis Pharms (http://nnw.fm/Xf26v). As the company noted in a news release announcing the acquisition, High Way 10 is currently in the active review stage of Health Canada’s rigorous application process. Following the completion of select tenant improvements to its existing 16,000-square-foot facility, Flower Power intends to submit its affirmation of readiness (“AOR”) evidence package to Health Canada, which could result in the receipt of a cannabis cultivation license shortly thereafter. If approved, Choom estimates that High Way 10’s current facility is capable of producing approximately 1,500 kg of dried cannabis per year, with plenty of room for future expansion.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is navigating the tides and preparing for opportunity ahead of Canada’s legalization of recreational cannabis. A recent article that highlighted the company’s strategic positioning stated, “Choom currently has acquired two ACMPR applicants and has agreements in place to acquire two additional ACMPR applicants, fortified by its recent addition of Saskatchewan-based High Way 10 and parent company Flower Power Cannabis Pharms (http://nnw.fm/Xf26v). As the company noted in a news release announcing the acquisition, High Way 10 is currently in the active review stage of Health Canada’s rigorous application process. Following the completion of select tenant improvements to its existing 16,000-square-foot facility, Flower Power intends to submit its affirmation of readiness (“AOR”) evidence package to Health Canada, which could result in the receipt of a cannabis cultivation license shortly thereafter. If approved, Choom estimates that High Way 10’s current facility is capable of producing approximately 1,500 kg of dried cannabis per year, with plenty of room for future expansion.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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