NEW YORK, April 02, 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 “Countdown to Canada’s Recreational Cannabis Industry Enters Retail Territory,” visit: http://nnw.fm/uXK9l
The government in British Columbia, where Choom is headquartered, has issued several guidelines for individuals and businesses seeking a recreational cannabis retail license. Importantly, while the government said the B.C. Liquor Distribution Branch would be the wholesale distributor of nonmedical cannabis, it would not impose a quota on the number of licenses issued for private retail outlets (http://nnw.fm/4PKfP). That’s good news for individuals and companies seeking an entry into the booming cannabis sector.
Fittingly, Choom recently announced it has signed the first agreement in its retail investor program with a consortium known as the Thompson Okanagan Choom Group. Comprised of local investors and business partners, the consortium has secured the exclusive territory rights to open multiple Choom-branded retail dispensaries in the gorgeous Thompson-Okanagan region of British Columbia (http://nnw.fm/4kJMd).
Each Choom retail store is designed with a clean and modern mindset geared to help customers feel at home and enjoy the “aloha” experience. The company’s partner program includes support and access to the expertise and partnerships of the Choom brand and its nimble, adaptive business model. As experienced curators of cannabis, Choom will use its products and services to grow and adapt to the changing cannabis landscape, which is likely a necessary component in Canada’s current regulatory climate.
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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