Welcome to our dedicated page for Blum Holdings news (Ticker: BLMH), a resource for investors and traders seeking the latest updates and insights on Blum Holdings stock.
Blüm Holdings, Inc. (OTCQB: BLMH) is a California-based publicly traded holding company and cannabis operator whose news flow centers on acquisitions, capital structure actions, and operating performance. Company press releases highlight its activities in acquiring licensed cannabis retail dispensaries in Northern California and the Bay Area, integrating these assets under management services agreements, and expanding its portfolio of company-owned brands such as Korova.
Investors following BLMH news can expect updates on stock purchase agreements, binding term sheets, and amended letters of intent related to cannabis retail operators. Blüm frequently reports on the closing of acquisitions, expected revenue contributions from new stores, and the use of performance-based earn-outs tied to revenue and EBITDA benchmarks. These announcements provide insight into how the company is building its retail footprint and brand presence across California.
Blüm’s news releases also cover financing and balance sheet developments. The company has disclosed multiple unsecured and secured promissory notes with conversion features, capital raises from accredited investors, and a significant Debt Conversion Agreement that converted approximately $3.05 million of principal and accrued interest into common stock at a fixed price. Such items illustrate how Blüm manages liquidity, restructures obligations, and adjusts its capital structure.
Operational updates form another key category of BLMH news. The company has reported quarterly financial results, including trends in revenue, gross margin, operating expenses, EBITDA, and Adjusted EBITDA, as part of its narrative around a completed turnaround and a shift toward disciplined growth. Executive summaries and strategic updates describe cost reductions, restructuring progress, and the integration of new locations.
Regulatory and legal milestones, including a global settlement with People’s California, LLC and related parties that is subject to Bankruptcy Court approval, also appear in Blüm’s communications. For readers tracking BLMH, this news page aggregates these developments so they can monitor acquisitions, financing transactions, restructuring steps, and operating metrics over time.
Blüm Holdings (OTCQB: BLMH) announced that on December 31, 2025 it converted approximately $3.05 million of outstanding indebtedness plus accrued interest into common stock at a fixed price of $0.98 per share, representing 85% of a $20.9 million pre-money fully diluted valuation. The conversion resulted in issuance of 3,248,547 shares and cancellation of the converted debt.
In connection with the transaction, Blüm executed a $525,000 senior secured promissory note bearing 8.0% interest, maturing on December 31, 2027, secured by substantially all company assets and prepaid without penalty; related warrants from prior notes were cancelled.
Blüm Holdings (OTCQB: BLMH) announced on Dec 18, 2025 the closing of its acquisition of a high-volume Bay Area cannabis retail dispensary.
The acquired, fully licensed retail operator has a long operating history, a strong local customer base, and has generated approximately $12.0 million in annual revenue. The purchase was completed via a stock purchase agreement using a combination of cash and equity consideration, and the company said all required closing conditions were satisfied.
The transaction expands Blüm’s Northern California footprint and is presented as part of the company’s disciplined, opportunistic growth strategy.
Blum Holdings (OTCQB: BLMH) reported third quarter 2025 results showing continuing post-restructuring growth and integration activity. Revenue rose to $4.8M in Q3, a 39% increase from Q2 and 117% increase from Q1 to Q3, driven by acquisitions including Cookies Redding and a Santa Clara County store. Gross margin held near 48%. Operating expenses and SG&A rose as stores were integrated; net loss from operations was $1.5M and adjusted EBITDA loss was $1.3M. Total assets increased by $20.3M while total liabilities rose by $22.8M. The company raised an additional $0.7M in October, bringing 2025 capital raised to $3.2M.
Blum Holdings (OTCQB: BLMH), a California-based holding company, has announced the completion of its turnaround phase in the first half of 2025. Under CEO Sabas Carrillo's leadership, the company has implemented strategic initiatives including disciplined restructuring, significant cost reductions, and expansion of retail locations.
The company reports a transformation of its financial and operational foundation, with a focus on sustainable growth and long-term value creation. Blum has also undertaken initiatives to revitalize its brand portfolio. Detailed financial highlights and operational updates are available in the full First Half 2025 Executive Summary.
Blum Holdings (OTCQB: BLMH) reported Q2 2025 financial results, marking a transition from turnaround to disciplined growth. Revenue increased to $3.5 million in Q2 2025 from $2.2 million in Q1 2025, driven by a new Bay Area location. Gross margin improved to 49% from 42% year-over-year but decreased from 53% quarter-over-quarter.
Operating expenses significantly decreased by 69% to $2.5 million compared to Q2 2024. The company reported a net loss of $1.9 million in Q2 2025, compared to net income of $7.3 million in Q2 2024, which included one-time gains. Total assets increased by $14.6 million from year-end 2024, primarily due to a Northern California dispensary acquisition expected to generate $12.0 million in annualized revenue.
The company secured $0.5 million in additional funding, bringing total 2025 capital raised to $2.1 million, and entered a binding term sheet to acquire another dispensary expected to add $4.1 million in annual revenue.
Blüm Holdings (OTCQB: BLMH) has signed a binding agreement to acquire a majority stake in a licensed cannabis dispensary in Northern California. The all-stock transaction values the target at up to $5.0 million, including performance-based earn-outs tied to revenue and EBITDA metrics.
The acquisition will expand Blüm's retail portfolio, adding to its existing three Northern California stores and recently acquired Bay Area location. Under a Management Services Agreement (MSA), Blüm will begin integration on July 1, 2025, managing key functions including compliance, accounting, marketing, and finance.
The transaction is expected to close in Q3 2025, subject to definitive agreements and regulatory approvals.
Blüm Holdings (OTCQB: BLMH) has announced a binding term sheet to acquire 100% membership interest in a holding company that owns a non-controlling equity stake in Cookies, a leading cannabis brand. The acquisition will be executed through Blüm Acquisition Co. for 489,131 shares of Blüm common stock and a warrant to purchase 30,762 shares at $0.64 per share, with an implied transaction value of $562,500.
The deal aims to expand Blüm's indirect stake in Cookies and strengthen its alignment with one of the most recognized cannabis brands in the U.S. The transaction is expected to close in Q3 2025, subject to definitive agreements and regulatory approvals.
Blum Holdings (OTCQB: BLMH) has executed an Amended and Restated Binding Letter of Intent to acquire a Northern California cannabis dispensary for $2.0 million. The acquisition is expected to add over $12.0 million in annual revenue, more than doubling Blüm's current revenue. The deal structure includes:
- $1.3M in cash (including a $500K senior convertible note)
- $500K in BLMH common stock at $1.15 per share
- $800K escrowed payment upon Management Services Agreement execution
- Performance-based earn-outs tied to revenue milestones
The revised terms represent a 40% improvement in share valuation. The deal grants Blüm immediate operational control through an MSA, pending final regulatory approvals.
Blum Holdings (OTCQB: BLMH) has announced progress in its settlement with People's California, and affiliated parties. The cannabis operator has executed definitive documentation for the settlement terms previously announced on February 24, 2025, following a judicially supervised settlement conference.
The comprehensive resolution aims to settle all outstanding litigation, adversary proceedings, and contested matters between the involved parties, including Blum's subsidiaries Unrivaled Brands and Halladay Holding, which are currently in Chapter 11 bankruptcy proceedings. The settlement requires approval from the United States Bankruptcy Court for the Central District of California to become effective.
The company views this potential settlement as a significant milestone in its restructuring efforts, potentially offering greater clarity and stability for stakeholders. A motion to approve the compromise has been filed, though court approval is not guaranteed.