Choom's - Specialty Medijuana Products Inc. Receives Cultivation License from Health Canada

Published: October 17, 2018

Choom's - Specialty Medijuana Products Inc. Receives Cultivation License from Health Canada

Choom, an emerging adult use cannabis company is pleased to report on this historic date – the legalization of adult use cannabis in Canada and the end of prohibition – that its wholly-owned subsidiary, Specialty Medijuana Products Inc., has received a cultivation license from Health Canada.

Choom has secured the rights to 52 retail opportunities across Western Canada and its rapidly expanding Alberta presence now stands at 29 in highly strategic and secure locations, with 14 Development permits and 11 building permits received from the various municipalities. With recently amended regulations in Ontario, Choom has deployed its real estate team throughout the province of Ontario to secure a significant cannabis retail footprint in Canada’s largest adult use market.

Choom is executing an aggressive expansion plan to create a significant retail storefront brand in the Canadian adult use market and is committed to developing and acquiring retail stores as a top priority. In all cases, the retail opportunities are subject to all necessary governmental and municipal approvals being granted. This number is expected to grow over the coming months as the Company is currently negotiating additional leases with the intention of submitting applications for retail licenses.

Chris Bogart, CEO of Choom Holdings Inc, commented, “Now that legalization is finally here, we are continuing to aggressively roll out our retail strategy. We see a massive opportunity in the retail market, and our goal is to build Choom into an iconic Canadian retail storefront brand. This officially marks opening day in the adult use cannabis market in Canada, and we look forward to the day when Choom is synonymous with good times with good friends from coast to coast.”

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