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Blum Holdings, Inc. (BLMH)

0.7120

-0.1380

(-16.24%)

At close: 10:18:01 AM EDT

Blum Holdings, Inc. Provides Update on Settlement with People’s California, LLC

DOWNEY, Calif., April 14, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm”, “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company and cannabis operator, today provided an update regarding its global settlement with People’s California, LLC and affiliated parties (the “People’s Parties”), previously announced on February 24, 2025. The parties have executed definitive documentation memorializing the terms of the settlement reached durin

GlobeNewswire 3 days ago

BLMH
-16.24%
Blum Holdings Inc. Releases 2024 Annual Report: Executive Summary

DOWNEY, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company and cannabis operator, is proud to announce the release of its “2024 Annual Report: Executive Summary”. “The Executive Summary highlights Blüm’s significant financial and operational transformation over the past year,” said Sabas Carrillo, Chief Executive Officer of Blüm Holdings. “Through strategic restruc

GlobeNewswire last month

BLMH
-16.24%
Blum Holdings Inc. Reports Remarkable 2024 Financial Results with $33.1 Million in Net Income

DOWNEY, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company and cannabis operator, announced its financial results for the year ended December 31, 2024, marking the completion of a significant financial and operational transformation. Key Highlights from Fiscal Year 2024: Net Income: $33.1 million, representing an astonishing turnaround from a net loss of $14.1 mill

GlobeNewswire last month

BLMH
-16.24%
Blum Holdings, Inc. Announces Final Global Settlement with People’s California, LLC

DOWNEY, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company and cannabis operator, announced today that it has reached a global settlement with People’s California, LLC (“People’s California”) extinguishing over two and a half years of litigation brought by People’s California against Blüm Holdings and its wholly owned subsidiaries (and now debtors-in-possession in C

GlobeNewswire last month

BLMH
-16.24%
Blüm Holdings Moves Forward with Binding LOI for Key Acquisition

DOWNEY, Calif., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company and cannabis operator, today announced that it has entered into a Binding Letter of Intent (“LOI”) to acquire a premier Northern California dispensary (“Target”). This follows the previously announced Non-Binding Letter of Intent disclosed in the Company’s Current Report on Form 8-K filed with the Securities

GlobeNewswire 2 months ago

BLMH
-16.24%
Blüm Holdings, Inc. Announces Strategic Financing and Intended Acquisitions

DOWNEY, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm”, “Blüm Holdings,” “we” or “us”), a California-based cannabis operator, today announced the receipt of $900,000 in financing led by Mr. Douglas Rosenberg. This capital will support operational and acquisition-related activities in 2025. Mr. Rosenberg is the Co-Founder and CEO of Mesh Ventures and Co-Founder of 1212 Ventures, both of which hold significant investments in Cookies Creative Prod

GlobeNewswire 2 months ago

BLMH
-16.24%
Blüm Holdings, Inc. Reports Third Quarter 2024 Financial Results, Highlighting Key Milestone in Debt Reduction, Continued Growth and Financial Stability

DOWNEY, Calif., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Blüm Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm”, “Blüm Holdings,” “we” or “us”), a California-based cannabis retailer and brand operator, announced its financial results for the third quarter ended September 30, 2024. These results reflect substantial progress in financial stability, operational efficiency, and continued momentum across Blüm's core retail and brand segments. On November 6, 2024, Unrivaled Brands, Inc. ("Unrivaled") and H

GlobeNewswire 5 months ago

BLMH
-16.24%
Unrivaled Brands, Inc. Announces Chapter 11 Bankruptcy Following Latest Round of Lawsuits Filed by People’s California and “Activist Investor” Frank Kavanaugh

DOWNEY, Calif., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces the filing of a petition for Chapter 11 bankruptcy by its wholly owned subsidiary Unrivaled Brands, Inc. (“Unrivaled”). The filing comes following a history of “bitter activist litigation from People’s California LLC (“People’s”)”1 and its principals Frank Kavanaugh, Bernard Steimann, an

GlobeNewswire 5 months ago

BLMH
-16.24%
Blüm Holdings Inc. Reports Second Quarter 2024 Financial Results, Showcasing Strategic Progress and Net Income of $23.4 Million

SANTA ANA, Calif., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Blüm Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announced its financial results for the second quarter ended June 30, 2024. These results not only reflect our strong financial performance but also underscore the effectiveness of our ongoing strategic restructuring, debt reduction, and operational streamlining. Second Quarter 2024 Highlights

GlobeNewswire 7 months ago

BLMH
-16.24%
Unrivaled Brands Wins Another Key Court Battle Against People’s California, LLC

SANTA ANA, Calif., July 12, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces two more legal victories by its wholly owned subsidiary, Unrivaled Brands, Inc. (“Unrivaled”), against People’s California, LLC (“People’s”). This time, Unrivaled successfully defended an ex parte application brought by People’s, with the Court denying People’s request for a multi-mil

GlobeNewswire 9 months ago

BLMH
-16.24%
Blüm Holdings, Inc. Completes Sale of Blüm Santa Ana, Estimated $44.5 Million in Debt Elimination and $34 Million Gain

SANTA ANA, Calif., June 18, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm Holdings,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces a significant milestone in its ongoing strategic financial restructuring. On June 10, 2024, Unrivaled Brands, Inc., a wholly owned subsidiary of Blüm Holdings, completed the sale (the “Disposition”) of its controlling membership interest in People’s First Choice LLC (“PFC”) to Haven N

GlobeNewswire 9 months ago

BLMH
-16.24%
People’s California, LLC (“People’s California”) Subsidiary ‘Peoples Vape’ Evicted for Non-Payment of Rent at Blüm Santa Ana

SANTA ANA, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “we” or “us”), a cannabis company with subsidiaries operating throughout California, announces the successful outcome in the unlawful detainer action brought by Unrivaled Brands, Inc.’s then subsidiary People’s First Choice, LLC (“Blüm Santa Ana”) against Peoples Vape, LLC (“People’s Vape”), formerly known as PF-People's Grand TC, LLC, a subsidiary of People's California. On June 6, 202

GlobeNewswire 9 months ago

BLMH
-16.24%
Blüm Holdings Inc. Reports First Quarter 2024 Financial Results

SANTA ANA, Calif., May 15, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “we” or “us”), a cannabis company which through its subsidiaries has operations throughout California, announced its financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights The Company continued to eliminate non-performing legacy operations during the first quarter of 2024 and transitioned a single retail location to delivery only. As a result, revenue

GlobeNewswire 10 months ago

BLMH
-16.24%
Blüm Holdings Inc. Acknowledges Impact to Cannabis Industry from DEA’s Plan to Reschedule Marijuana

SANTA ANA, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “we” or “us”), a cannabis company which through its subsidiaries has operations throughout California, remains optimistic about the Drug Enforcement Administration’s (“DEA”) decision to reschedule marijuana as a lower-risk substance. This groundbreaking move is anticipated to reform the cannabis industry by alleviating longstanding financial and operational burdens. “Cannabis has a long

GlobeNewswire 11 months ago

BLMH
-16.24%
Blüm Holdings Releases 2023 Annual Report: Executive Summary

Executive Summary Highlights 18 Months of TransformationSANTA ANA, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Blüm Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “we” or “us”), a cannabis company which through its subsidiaries has operations throughout California, is proud to announce the release of its “2023 Annual Report: Executive Summary”. “The Executive Summary encapsulates the transformative journey of Unrivaled Brands, Inc. over the past 18 months, characterized by a restructuring,

GlobeNewswire 11 months ago

BLMH
-16.24%

Performance Overview

Return	BLMH	S&P 500 (^GSPC)
YTD	+58.22%	-10.18%
1-Year	+0.28%	+5.19%
3-Year	+318.82%	+20.26%

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Blum Holdings, Inc. (BLMH)

Blum Holdings, Inc. Provides Update on Settlement with People’s California, LLC

Blum Holdings Inc. Releases 2024 Annual Report: Executive Summary

Blum Holdings Inc. Reports Remarkable 2024 Financial Results with $33.1 Million in Net Income

Blum Holdings, Inc. Announces Final Global Settlement with People’s California, LLC

Blüm Holdings Moves Forward with Binding LOI for Key Acquisition

Blüm Holdings, Inc. Announces Strategic Financing and Intended Acquisitions

Blüm Holdings, Inc. Reports Third Quarter 2024 Financial Results, Highlighting Key Milestone in Debt Reduction, Continued Growth and Financial Stability

Unrivaled Brands, Inc. Announces Chapter 11 Bankruptcy Following Latest Round of Lawsuits Filed by People’s California and “Activist Investor” Frank Kavanaugh

Blüm Holdings Inc. Reports Second Quarter 2024 Financial Results, Showcasing Strategic Progress and Net Income of $23.4 Million

Unrivaled Brands Wins Another Key Court Battle Against People’s California, LLC

Blüm Holdings, Inc. Completes Sale of Blüm Santa Ana, Estimated $44.5 Million in Debt Elimination and $34 Million Gain

People’s California, LLC (“People’s California”) Subsidiary ‘Peoples Vape’ Evicted for Non-Payment of Rent at Blüm Santa Ana

Blüm Holdings Inc. Reports First Quarter 2024 Financial Results

Blüm Holdings Inc. Acknowledges Impact to Cannabis Industry from DEA’s Plan to Reschedule Marijuana

Blüm Holdings Releases 2023 Annual Report: Executive Summary

Performance Overview