Looks like something is happening .03 on the US side and 4million traded already

This board is pretty dead much like the company right now. Gonna take several years for anything to get going here is my guess. Buy low sell high and good luck!

Company went down the pooper

They will get a true valuation during this process. Lets hope they did not lie about their revenues licenses or assets. Licenses will be worth millions alone.
GLTA

Well not sure how bad this is but does not look good.

Choom filed for a protection order CCAA

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2022) - Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) ("Choom"), announces today that Choom and certain of its subsidiaries (Choom BC Retail Holdings Inc., 2151414 Alberta Ltd., 2688412 Ontario Inc., and Phivida Holdings Inc., herein the "Subsidiaries", and together with Choom, the "Companies") have obtained an order (the "Initial Order") of the Supreme Court of British Columbia providing the Companies protection from their creditors pursuant to the Companies' Creditors Arrangement Act (Canada) ("CCAA").

As part of the Initial Order, the Companies are authorized to enter into an interim financing term sheet (the "Interim Financing") with Aurora Cannabis Inc. (the "Lender") pursuant to which the Lenders has agreed to advance to the Companies up to an aggregate of $0.8 million to fund the Companies' ongoing operations and CCAA proceedings.

CCAA Proceedings

The Companies have obtained CCAA protection for an initial period of 10 days, expiring on May 2, 2022 and the Court has set a further hearing date of May 2, 2022 at which time an extension of the protection under the CCAA will be sought. Pursuant to the Initial Order, Ernst & Young Inc. has been appointed as monitor in the Companies' CCAA proceeding (in that capacity, the "Monitor").

While under CCAA protection, creditors and others are stayed from pursuing any claims or enforcing any rights against the Companies. The Companies are seeking creditor protection under the CCAA in order to permit the Companies to conduct a sale and investment solicitation process ("SISP") and facilitate a transaction that will allow the Companies to address their liquidity issues and stabilize operations. The Companies intend to operate in the ordinary course throughout the CCAA proceedings and while conducting the SISP. Management of the Companies will remain responsible for the day-to-day operations of the Companies, under the general oversight of the Monitor. The Companies' day-to-day obligations to employees and key suppliers of goods and services, from and after the filing date, is expected to continue to be met.

They have good revenue 4.7-5 mil a Q just need better management

Maybe this explains most of the downtrend and unloading of shares.

Fins are out not as bad as last year

Check the deal they made with Cannacord. All fins will be fully audited from here on out.

This will be the first Audited fins so I am sure they will be late and possibly very late.

Australis Capital acquires LOOS, a cannabinoid infused shot beverage company

https://money.tmx.com/en/quote/AUSAF:US/news/6625215522046130/Audacious_Acquires_LOOS_a_California_Shot_Beverage_and_Edibles_Company

Blood in the water = buy

My guess this will be used for rapid expansion.
Khiron Life Sciences Announces Terms of Overnight Marketed Offering

https://money.tmx.com/en/quote/KHRNF:US/news/6660095763378777/Khiron_Life_Sciences_Announces_Terms_of_Overnight_Marketed_Offering

Radient Technologies Inc. Enters into Binding Letter of Intent to Acquire Tunaaaa Room Xtracts Inc.

https://money.tmx.com/en/quote/RDDTF:US/news/5938388048136427/Radient_Technologies_Inc_Enters_into_Binding_Letter_of_Intent_to_Acquire_Tunaaaa_Room_Xtracts_Inc

Cannacord snatching up their shares will be done around July 8. After that expect a pop

Choom Announces Filing of Final Prospectus

https://money.tmx.com/en/quote/CHOO:CNX/news

Should be trading at 3-5x revenue 75mil mkt cap min

Choom Cannabis Co. Announces Toronto Store Opening

https://money.tmx.com/en/quote/CHOOF:US/news/6716534352154098/Choom_Cannabis_Co_Announces_Toronto_Store_Opening

Audacious Brands Enters Massachusetts - Partners with Belle Fleur and Rapper Weed Bringing the Culture Back to the Bay State and Boston

https://money.tmx.com/en/quote/AUSAF:US/news/6650908596797018/Audacious_Brands_Enters_Massachusetts_Partners_with_Belle_Fleur_and_Rapper_Weed_Bringing_the_Culture_Back_to_the_Bay_State_and_Boston

Australis Corporation Changes Name to Audacious Brands - Provides Corporate Update

https://money.tmx.com/en/quote/AUSAF:US/news

Nextleaf Awarded U.S. Patent and Engages CannDelta for Psychedelics Dealer's Licence

https://money.tmx.com/en/quote/OILFF:US/news/5411899408114811/Nextleaf_Awarded_US_Patent_and_Engages_CannDelta_for_Psychedelics_Dealers_Licence

Nextleaf Launches Specialty Molecules Division

THC-O-Acetate to be Produced Through Company's Specialty Molecule Division

https://money.tmx.com/en/quote/OILFF:US/news/6509137506507486/Nextleaf_Launches_Specialty_Molecules_Division

They have a deal with Cannacord no R/S in the near term. The deal will result in Audited finances and a new price point.

Subsequent to the quarter, and as announced by the Company on March 25, 2021 , the Company entered into an engagement letter with Canaccord Genuity Corp. in connection with a proposed public offering (the " Offering ") of units of the Company for a minimum aggregate gross proceeds of $3.5 million and up to maximum aggregate gross proceeds of $5.0 million . Concurrently, the Company entered into a series of agreements with existing debenture holders to restructure its debt (collectively, the " Restructuring "). The Restructuring is conditional upon, among other things, the receipt of all requisite regulatory approvals and the completion of the Offering. If completed, the Offering and the Restructuring will significantly improve Choom's balance sheet and are expected to be critical milestones to accelerate growth.

Ran up to get $$$ to bring current. 3-6month hold before anything happens imo

Looks like loading up to me

Nothing will happen with the PPS until this kicks off:

Subsequent to the quarter, and as announced by the Company on March 25, 2021, the Company entered into an engagement letter with Canaccord Genuity Corp. in connection with a proposed public offering (the "Offering") of units of the Company for a minimum aggregate gross proceeds of $3.5 million and up to maximum aggregate gross proceeds of $5.0 million. Concurrently, the Company entered into a series of agreements with existing debenture holders to restructure its debt (collectively, the "Restructuring"). The Restructuring is conditional upon, among other things, the receipt of all requisite regulatory approvals and the completion of the Offering. If completed, the Offering and the Restructuring will significantly improve Choom's balance sheet and are expected to be critical milestones to accelerate growth.

Volumes from yesterday were ok

927k choo up 11%
166k choof dn .1%

Market just opened today so i check the EOD numbers only

NEW SCIENCE & INNOVATION BUSINESS UNIT TO ADVANCE AURORA'S LEADERSHIP IN BIOSYNTHESIS AND PLANT GENETICS

https://money.tmx.com/en/quote/ACB/news/8486616596038891/New_Science_Innovation_Business_Unit_to_Advance_Auroras_Leadership_in_Biosynthesis_and_Plant_Genetics

Not low volume look at the Canadian ticker over 530k shares traded already.

CHOO

AUSTRALIS PROVIDES CORPORATE UPDATE

Ground-Breaking University of Alberta Study, Co-Led by AUSA CSO Dr. Jason Dyck , Confirms Opioid Sparing Effects of Medical Cannabis.

https://money.tmx.com/en/quote/AUSA:CNX/news/8376445736068591/Australis_Provides_Corporate_Update

This affects Aurora:

https://money.tmx.com/en/quote/CHOO:CNX/news/6915628455175129/Choom_Announces_Recapitalization_Transactions

Aurora products should be starting to load up in Choom stores.

CHOOM ANNOUNCES RECAPITALIZATION TRANSACTIONS

https://money.tmx.com/en/quote/CHOO:CNX/news/6915628455175129/Choom_Announces_Recapitalization_Transactions

Found this

https://plus.choom.ca

PENDING NEWS:

IIROC TRADING HALT - CHOO

https://money.tmx.com/en/quote/CHOO:CNX/news/5025623942719511/IIROC_Trading_Halt_CHOO

427k traded on the Canadian side RTI, something about to happen?

Does anyone know when the next Q is out?

I Found it on their investor site. Looks like the 2019-2020 annual meeting. I do not have a transcript but found the voting proxy

https://investors.choom.ca/investor-info#presentation

https://investors.choom.ca/wp-content/uploads/2021/04/XCFQ_SEDAR_VIF_English.pdf

What meeting?

More patent news:

NEXTLEAF AWARDED U.S. PATENT FOR METHOD TO INCREASE CBD CONCENTRATION IN HEMP BIOMASS

https://money.tmx.com/en/quote/OILFF:US/news/6462758386300840/Nextleaf_Awarded_US_Patent_for_Method_to_Increase_CBD_Concentration_in_Hemp_Biomass

NEXTLEAF ANNOUNCES INITIAL ENTRY INTO BRANDED CONSUMER PRODUCTS

https://money.tmx.com/en/quote/OILFF:US/news/8024690329309611/Nextleaf_Announces_Initial_Entry_into_Branded_Consumer_Products