VANCOUVER, Oct. 29, 2019 /PRNewswire/ – Choom™ (CSE: CHOOOTCQB: CHOOF) is pleased to announce that it has completed its acquisition of Clarity Cannabis’ retail cannabis shops licensed and operating in the Province of Alberta. All 10 places are now inside Choom’s corporate portfolio and licensed to Choom by way of the AGLC (“Alberta Gaming, Liquor & Cannabis”).
115 2nd Street W
Unit 205 – 5703 48th Ave
Unit 1, 1020 8th Avenue SE
5308 50th Ave
320 Centre Street
Unit 101, 416 Centre Street SE
3B, 5629 44th Street
643 3rd Street SE
Unit 1, 5511 – 50th Ave
10140 107 Street
Corey Gillon, President, states, “We’re thrilled to bring the Choom retail practical experience to the Province of Alberta. With the completion of this acquisition, Choom is now producing income by way of these places. This represents an critical milestone in Choom’s expansion plans.”
Moreover, Choom is targeting the opening of an further 12 places all through Alberta by January 2020, bringing the total quantity of open and operating shops to 22 places. Choom presently holds 32 places all through Alberta as properly as a Choom-branded flagship place in Niagara, Ontario and a place in Whitehorse, Yukon. For much more information and facts, pay a visit to choom.ca.
Say hello to Choom™
Choom™ is an emerging adult use cannabis organization whose mission is to establish a single of the biggest retail networks in Canada. The Choom brand is inspired by Hawaii’s “Choom Gang”—a group of buddies in Honolulu in the course of the 1970’s who loved to smoke weed—or as the locals known as it, “Choom”. Evoking the spirit of the original Choom Gang, our brand caters to the Canadian adult use market place with the ethos of ‘cultivating very good times’. Choom™ is focused on delivering an elevated buyer practical experience by way of our curated retail environments, supplying a diversity of brands for Canadians across a national retail network.
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS Solutions PROVIDER HAVE REVIEWED OR ACCEPT Duty FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-searching information and facts
This news release includes forward-searching information and facts relating to the Company’s proposed activities and other statements that are not historical details. Forward-searching information and facts relates to management’s future outlook and anticipated events or outcomes, and incorporate statements or information and facts with regards to the future plans or prospects of the Corporation. Even though management of the Corporation has attempted to recognize critical elements that could result in actual outcomes to differ materially from these contained in forward searching information and facts, there may well be other elements that result in outcomes not to be as anticipated, estimated or intended. These elements incorporate dangers and uncertainties connected with or arising as a outcome of delays in acquiring or an inability to acquire essential regulatory approvals, access to adequate quantities of cannabis, the outcomes of diligence investigations, the actions of third parties, the outcomes of negotiations with third parties, developments in the cannabis sector, the potential to access adequate capital from internal and external sources, reliance on essential personnel, regulatory dangers and delays and other dangers and uncertainties discussed in the management discussion and evaluation section of the Company’s interim and most current annual economic statement or other reports and filings, such as these produced with the CSE and applicable Canadian securities regulators. There can be no assurance that such forward searching information and facts will prove to be precise, as actual outcomes and future events could differ materially from these anticipated in such statements. Accordingly, readers should really not spot undue reliance on forward searching information and facts.
Supply Choom Holdings Inc.