Business
CannabisNewsWire Announces Publication on Innovators Navigating Regs Ahead of Canadian Cannabis Rush
CannabisNewsWire Announces Publication on Innovators Navigating Regs Ahead of Canadian Cannabis Rush.
About this update from Choom Hldgs Inc.
[{"type":"text","content":"\n\n NEW YORK, April 18, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire (\"CNW\"), 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 CNW focused on channeling the spirit of Hawaii in the Okanagan and building culture around its high-grade handcrafted cannabis brand.\n To view the full publication, titled “Canadian Cannabis Sector Thriving Despite Slow Legalization Process,” visit: http://nnw.fm/0XKdF. One of the companies leading the way in this is Choom Holdings (CSE:CHOO) (OTCQB:CHOOF). A purpose-built recreational brand, Choom is led by an experienced management and leadership team that understands the complexities of the market it is entering. President and CEO Chris Bogart has more than twenty years of experience in international capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the United States, Europe and Canada. The team has been preparing for the coming change in the cannabis market for more than four years. Choom has been going through the process of applying for an ACMPR (Access to Cannabis for Medical Purposes Regulations) license in Vernon, B.C. In 2017, it has offers to acquire three additional applicants, including one already involved in the process in Vancouver Island, B.C. The company is working diligently to be ready to sell cannabis as soon as legalization comes. Going through the cannabis licensing process could provide Choom with another advantage. Its staff has developed the skills and experience to quickly navigate the regulatory process and has proven to authorities its ability be become a responsible cannabis grower. The company has been working for future retail growth and distribution. With Alberta alone expecting to license 250 stores in the first year (http://cnw.fm/Wgt5F), regulators are clearly going to be busy working through all the applications. Companies such as Choom that have experience, a good reputation and a well-presented application may have a critical edge in successful retail licensing. About Choom™ Channeling the spirit of Hawaii in the Okanagan, high-grade handcrafted strains by Choom™ are all about cultivating good times and g...