LimeLight of The week is

Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)

Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s “Choom Gang,” a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with “choom,” the local’s term for marijuana. Choom’s trademark slogans pivot off another unconventional phrase (“Say Hello to…”), bringing a heady dose of good times and good friends together as the company invites investors to “Say Hello to Choom™” as it lights up the adult recreational cannabis market in Canada.

Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company’s first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom’s initial license applications to ensure the company’s readiness for legalization of recreational marijuana in Canada mid-summer 2018.

Investment Considerations

• Two applications for Health Canada ACMPR license in detailed review stage; one in the detailed review stage and one application in readiness stage
• Canadian recreational market projected to surge to over $8 billion by 2021
• Two growing facilities undergoing state-of-the-art retrofit have potential to generate CDN$16 million in revenue, excluding cannabis oils
• Choom™ Retail Stores and Retail Store partner program to offer high-quality, premium branded retail cannabis dispensaries and the opportunity for individual investor store ownership across Canada

Receive Text Alerts from CannabisNewsWire

Text "Cannabis" to 21000

Featured Conference

Cannabis Business Summit & Expo - San Jose, CA - 7/22/19 to 7/24/19

Cannabis Business Summit & Expo 2019 is the nation’s most influential, award-winning cannabis conference and trade show. Hosted by the industry’s only national trade association, Cannabis Business Summit & Expo 2019 is set to take place July 22-24, 2019, at the San Jose McEnery Convention Center in San Jose, California. For the sixth straight year, Cannabis Business Summit & Expo promises to bring together the industry’s best and brightest minds, providing attendees with an unparalleled opportunity to gain insight into the latest developments shaping the cannabis space and what could be on the horizon as global sentiment toward cannabis legalization continues to mature.

Upcoming Conferences

• Cannabis Drinks Expo - San Francisco, CA - 7/25/19
• CannaFarm Con - San Diego, CA - 8/1/19 to 8/2/19
• Benzinga Cannabis Capital Conference - Detroit, MI - 8/15/19
• Cannabis Science Conference - Portland, OR - 9/4/19 to 9/6/19
• NECANN’s Atlantic City Convention - Atlantic City, NJ - 9/14/19 to 9/15/19

About CannabisNewsWire (CNW)

CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.