NetworkNewsBreaks – Choom Holdings Inc. (CSE: CH
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British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has progressed its retail portfolio and expanded its cannabis retail store network in Alberta and British Columbia. The company has attained the rights to an additional 12 retail locations, five of which are in Alberta and the remaining seven are located in B.C. The new retail opportunities bring Choom’s potential retail locations across western Canada up to 52. The company anticipates increasing this count even further as it is currently negotiating additional leases with the plan of submitting applications for retail licenses. In addition, Choom announced that it has received development permits in 11 municipalities and is in the process of its retail store buildouts. “We are excited to continue our progress towards being a leading private cannabis retailer in Canada,” Choom president and CEO Chris Bogart stated in the news release. “In the burgeoning recreational sector, the consumer will be difficult to acquire, and as such, a strong Choom™ retail presence is key to customer acquisitions and securing market share. Choom’s brand was created exclusively for the adult use market, and core to our values is cultivating an excellent experience for the consumer via way of retail distribution. We are committed to pursuing retail opportunities across the country and remain focused on cultivating ‘Good Times with Good Friends’.”
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