$CHOOF Choom™ Secures 10 Additional Cannabis Ret

$CHOOF Choom™ Secures 10 Additional Cannabis Retail Opportunities in Alberta and British Columbia



VANCOUVER , June 19, 2018 /CNW/ - Choom™ (CHOO.CN) (CHOOF) (the "Company" or "Choom" an emerging, fully-integrated cannabis company, is pleased to announce that it has advanced the build-out of its cannabis retail store network in Alberta and British Columbia .

Choom™ has secured the rights to an additional 7 retail locations in Alberta . Choom has 25 leases in highly strategic and secure locations in Alberta with 24 applications submitted. Choom has also secured 3 additional B.C. retail leases, combined with the existing 7, for a total of 10 retail opportunities in B.C. 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. The following link will bring you to our retail opportunity map: https://investors.choom.ca/wp-content/uploads...ailMap.pdf

"This is a significant step towards establishing Choom's strategy to be a leading private cannabis retailer in Canada ," states Choom's President and CEO, Chris Bogart . "Market share and customer acquisition in the upcoming recreational landscape will be very difficult to come by, these applications are key to Choom's retail strategy. Choom's brand was created exclusively for the recreational market, core to our values is cultivating a great experience for the consumer and part of this strategy is retail distribution. We are committed to pursuing retail licensing opportunities across the country and remain focused on cultivating 'Good Time with Good Friends'."

SAY HELLO TO CHOOMTM
Choom™ was created for and inspired by the Choom Gang; a group of buddies in Honolulu during the 1970's who loved to smoke weed—or as the locals called it, "Choom". Now, after four decades, Choom™ is bringing the spirit of Hawaii to Canada . Choom™ is focused on delivering an elevated customer experience through our curated retail environments, high-grade handcrafted Cannabis supply, and a diversity of brands for the Canadian recreational consumer.

We're planting our flag in the rapidly growing legal cannabis industry in Canada with our own brand of high-grade handcrafted herb. For additional information please visit us at: www.choom.ca

"Chris Bogart"
President & CEO