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Choom Holdings Inc (OTCMKTS:CHOOF) Announces The Acquisition Of Ninetails

Choom Holdings Inc (OTCMKTS:CHOOF) seems focused on growth and expansion this time around. The recent move of acquiring the biggest retail networks in Canada has been applauded by market observers. The business guru signed the agreement that had it acquire the licensed cannabis retail store called Ninetails Cannabis Inc. The store lies specifically in Whitehorse, Yukon.

The acquisition of Ninetails

The acquisition of Ninetails is a done deal having obtained the required regulatory approvals from Yukon Liquor Corporation. The construction activities are currently underway and may be completed soon. The plan is to open the Ninetails store to operate as a Choom-branded store.

The President and CEO of Choom Holdings Chris Bogart is excited over the expansion of the retail cannabis network. He thinks that the expansion into Yukon is a step towards the right direction in the achievement of massive business success.

Recent developments

Bogart sees Yukon as a great opportunity. This is an underserved cannabis market that needs to be exploited according to the leader. The company’s aggressive expansion plan in Canada will see it achieve much more in terms of business revenue. Consumers in the Yukon have quite much to look forward to. At the frontline will be style and sophistication. The knowledgeable staff will be welcoming customers in the retail environment.

Choom Holdings has been conducting a lot of changes. Lately, one of them being its most recent appointment. The company appointed Corey Gillon to serve in the capacity of President, and he starts serving effective August 26, 2019. He steps in the position as an experienced global retail executive. He will be playing a crucial role in managing the company’s team as it works towards achieving rapid business growth.

Gillon is quite pleased with his new position. He thinks that the company is in a dynamic and rather exciting phase terming some progressive changes necessary. He will dedicate himself to leading the expansion of the Company’s Cannabis retail network.

The leader has over 20 years of working experience in the retail sector. He has worked in several high-profile organizations and will be employing his experience to help Choom make tremendous steps forward.

By Steven Russell

Steve covers business and investing in emerging medical marijuana markets. Steve graduated from the university of New Orleans with a degree in Broadcast Journalism. Steve has published several articles in professional journals and magazines. His experience gives readers an inside look at the intersection of his specialties, business and medical marijuana.

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