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Choom Holdings Inc. (OTCMKTS:CHOOF) Acquires Cultivation Applicant In British Columbia To Establish Itself As Premiere Recreational Cannabis Brand

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Choom Holdings Inc. (OTCMKTS:CHOOF) recently took hold of a third late-stage cultivation applicant in Canada’s British Columbia. The move was inspired by the company’s aspirations to establish itself as the premier recreational marijuana brand across Canada. The report was recently published in an article by the leading creative agency and media network, CFN Media Group that especially covers news related to legal cannabis.

CHOOF is aiming to build itself as the premier recreational marijuana brand in Canada since the cannabis industry of the country is estimated to go beyond C$22.6 billion in the near future. One of the leading professional services of Canada, Deloitte has said that the legalization of recreational marijuana for the adults will increase its demand in the coming years. The country has already legalized the use of medical marijuana which is quite different from recreational adult-use of cannabis.

There is a major difference between the market and consumers for recreational and medical cannabis which is why Choom wants to identify its brand among the recreational adult pot users so that it can gain a significant lead in the market. The adult-use legalization has opened up a big market for the existing licensed producers who are trying to find a solution that will help them in making a successful transition from the marijuana grower to a marketer of cannabis processed products.

The next big cannabis story to hit North America is Phoenix Life Science International (MJMD), traded in the US, but with the largest global production based in the tropics and a license to distribute worldwide. Take a look at Phoenix Life Science International (MJMD), Its currently trading under $12 dollars per share on the OTC markets. Learn More Now!

Choom Signs Supply Agreement With ABcann Global

In accordance with its strategy to expand its recreational marijuana business in Canada, Choom recently signed a supply and financial agreement with ABcann Global Corp (OTCMKTS:ABCCF), the leading licensed marijuana producers of the country. Since ABCCF is already an established player in Canada, Choom’s long-term deal with this company could unlock long-term gain for Vancouver-based Company.

This is not the first agreement for the company that takes its inspiration from the Choom Gang of the 1970s.  It also recently signed a definitive acquisition agreement with Tungsten Inc. which already has acquired Marijuana Specialty Products Inc. through an agreement.

Pushing the barriers for global distribution, Phoenix Life Science International (MJMD) is the next cannabis play. Just think Canopy x 100, that is how big their plantation in the tropics will be. No lights, no green houses, just maximum growth + minimal cost = home run. Learn More Now!

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The Next Big Global Cannabis Play