NEW YORK, April 25, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Choom Holdings Inc. (CSE:CHOO) (OTCQB:CHOOF), a client of NNW focused on channeling the spirit of Hawaii in the Okanagan and building culture around its high-grade handcrafted cannabis brand.
To view the full publication titled “Early Regulations are Shaping the Future of Canadian Cannabis,” visit: http://nnw.fm/Vjd6Y
While the company’s portfolio also includes three late-stage licensed producer applicants based in British Columbia — bolstered by its entry into a definitive agreement to acquire Island Green Cure that was announced on April 19 (http://nnw.fm/rl1V7) — High Way 10’s presence in Saskatchewan immediately diversifies Choom’s national presence at an important time. As previously noted, the Saskatchewan Liquor and Gaming Authority (SGLA) last month announced that the province would commence issuing retail permits. Because the SGLA has limited (http://nnw.fm/3CdnK) the number of retail permits to 51 for the first three years to ensure a controlled rollout, time of filing could play a major role in establishing the landscape of the local industry in coming years. In an April 17, 2018, news release, Choom provided (http://nnw.fm/F91gh) a retail overview, noting that it has secured nine retail locations in Alberta and seven in British Columbia, in addition to submitting 32 applications for retail permits in Saskatchewan.
“We have now established a footprint to position Choom™ as a leading private cannabis retailer in Western Canada,” Bogart noted in a recent news release. “We will continue to pursue retail licensing opportunities across the country and remain committed to serving all Canadians in the coming consumer cannabis market. Choom’s vision of delivering an elevated customer experience through our curated retail environments, with the creation of modern, stylish storefronts is well underway.”
About Choom™
Channeling the spirit of Hawaii in the Okanagan, high-grade handcrafted strains by Choom™ are all about cultivating good times and good friends. Choom™ was inspired by the Choom Gang; a group of buddies in Honolulu during the 1970s. Now, after four decades, Choom is bringing the spirit of Hawaii to the Okanagan. The company is planting its flag in the rapidly growing legal cannabis industry in Canada with its own brand of high-grade handcrafted herb. For more information, visit the company’s website at www.Choom.ca.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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