Choom Holdings Inc. (CHOOF)

[Plus9]

Short answer, YES (edited), and what Aurora does will not affect Choom. Aurora is locked in on this one. In 2022, if Aurora is still viable, they have the "option" of acquiring 40% interest in Choom. All stock dilution from this is already accounted for, we share holders of Choom are good.

Edmonton, AB and Vancouver, BC – November 5, 2018 –Aurora Cannabis Inc. (“Aurora”) (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) and Choom Holdings Inc. (“Choom”) (CSE: CHOO; OTCQB: CHOOF) ( “Choom”) an emerging adult use cannabis company that has secured one of the largest retail networks in Canada, are pleased to announce that the companies have completed a non-brokered private placement of a debenture (the “Offering”) in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom (“Common Shares”) at a conversion price of $1.25 per Common Share, with a four year maturity date. Aurora has also secured the right to acquire up to 40% of the Company at $2.75 per Common Share.

Aurora secures right to increase ownership to 40% of Choom at $2.75 per common share