Choom Completes Buildout of E-Commerce Platform
VANCOUVER, Feb. 19, 2019 /CNW/ - Choom™ (CSE: CHOO; OTCQB: CHOOF) ("Choom") a Canadian cannabis retail company, is pleased to announce the completion of its e-commerce platform.
Choom, through a licensed enterprise-level platform, has completed the buildout of a top tier e-commerce retail solution. This online storefront will provide a customized shopping experience that's integrated with Choom's retail stores and capable of scaling to $500M+ annually. Choom has ensured the platform's flexibility to compliantly handle both B2C and B2B sales to service and sell to any type of buyer in the cannabis industry.
Chris Bogart, President & CEO, states, "For the last 6 months we have been building out our e-commerce capabilities in parallel with our brick and mortar footprint. As part of building a cannabis brand presence across the country, we want to ensure Choom is positioned to reach all consumers through all available retail channels. We've invested strategically in our e-commerce capabilities and look forward to providing an industry leading online storefront for consumers to connect with our brand".
SAY HELLO TO CHOOM™
Choom™ is an emerging adult use cannabis company whose mission is to establish one of the largest retail networks in Canada. The Choom brand is inspired by Hawaii's "Choom Gang"—a group of buddies in Honolulu during the 1970's who loved to smoke weed—or as the locals called it, "Choom". Evoking the spirit of the original Choom Gang, our brand caters to the Canadian adult use market with the ethos of 'cultivating good times'. Choom™ is focused on delivering an elevated customer experience through our curated retail environments, offering a diversity of brands for Canadians across a national retail network.
"Chris Bogart"
President & CEO
Cautionary Statement:
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking information
This news release contains forward-looking information relating to the Company's proposed activities and other statements that are not historical facts. Forward-looking information relates to management's future outlook and anticipated events or results, and include statements or information regarding the future plans or prospects of the Company. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. These factors include risks and uncertainties associated with or arising as a result of delays in obtaining or an inability to obtain required regulatory approvals, the results of diligence investigations, the results of negotiations with third parties, developments in the cannabis sector, the ability to access sufficient capital from internal and external sources, reliance on key personnel, regulatory risks and delays and other risks and uncertainties discussed in the management discussion and analysis section of the Company's interim and most recent annual financial statement or other reports and filings, including the Company's Listing Statement, made with the applicable Canadian securities regulators. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information.
SOURCE Choom Holdings Inc.
