Blum Holdings Inc. Releases First Half 2025 Executive Summary
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), società di holding con sede in California, ha annunciato il completamento della fase di ristrutturazione nella prima metà del 2025. Sotto la guida dell'amministratore delegato Sabas Carrillo, la società ha attuato iniziative strategiche tra cui una ristrutturazione disciplinata, significative riduzioni dei costi e l'espansione dei punti vendita.
L'azienda riferisce di aver trasformato le proprie basi finanziarie e operative, concentrandosi su crescita sostenibile e creazione di valore a lungo termine. Blum ha inoltre intrapreso azioni per rivitalizzare il proprio portafoglio di marchi. Dettagli finanziari e aggiornamenti operativi sono disponibili nel riepilogo esecutivo completo della prima metà del 2025.
Blum Holdings (OTCQB: BLMH), una sociedad holding con sede en California, ha anunciado la finalización de su fase de reorganización en la primera mitad de 2025. Bajo el liderazgo del CEO Sabas Carrillo, la compañía implementó iniciativas estratégicas que incluyen una reestructuración disciplinada, reducciones de costos significativas y expansión de puntos de venta.
La empresa informa haber transformado sus bases financieras y operativas, con un enfoque en crecimiento sostenible y creación de valor a largo plazo. Blum también ha llevado a cabo acciones para revitalizar su cartera de marcas. Los detalles financieros y las actualizaciones operativas están disponibles en el Resumen Ejecutivo completo de la primera mitad de 2025.
Blum Holdings (OTCQB: BLMH), 캘리포니아에 본사를 둔 지주회사로, 2025년 상반기에 구조조정 단계를 완료했다고 발표했습니다. CEO 사바스 카리요(Sabas Carrillo) 리더십 아래 회사는 체계적인 구조조정, 대규모 비용 절감, 소매 매장 확장 등 전략적 조치를 시행했습니다.
회사는 재무 및 운영의 기반을 변모시켰으며 지속 가능한 성장과 장기적 가치 창출에 중점을 두고 있다고 보고했습니다. 또한 Blum은 브랜드 포트폴리오를 활성화하기 위한 조치들도 진행했습니다. 상세한 재무 주요사항 및 운영 업데이트는 2025년 상반기 전체 경영 요약에서 확인할 수 있습니다.
Blum Holdings (OTCQB: BLMH), une société holding basée en Californie, a annoncé l'achèvement de sa phase de redressement au cours du premier semestre 2025. Sous la direction du PDG Sabas Carrillo, la société a mis en œuvre des initiatives stratégiques incluant une restructuration rigoureuse, des réductions de coûts substantielles et l'expansion des points de vente.
L'entreprise indique avoir transformé ses assises financières et opérationnelles, en se concentrant sur la croissance durable et la création de valeur à long terme. Blum a également entrepris des actions pour revitaliser son portefeuille de marques. Les principaux éléments financiers et les mises à jour opérationnelles détaillées sont disponibles dans le résumé exécutif complet du premier semestre 2025.
Blum Holdings (OTCQB: BLMH), eine in Kalifornien ansässige Holdinggesellschaft, hat den Abschluss ihrer Umstrukturierungsphase in der ersten Hälfte des Jahres 2025 bekanntgegeben. Unter der Leitung des CEO Sabas Carrillo hat das Unternehmen strategische Maßnahmen umgesetzt, darunter disziplinierte Restrukturierungen, erhebliche Kostensenkungen und die Erweiterung des Einzelhandelsnetzes.
Das Unternehmen berichtet von einer Transformation seiner finanziellen und operativen Basis mit Schwerpunkt auf nachhaltigem Wachstum und langfristiger Wertschöpfung. Blum hat außerdem Schritte zur Revitalisierung seines Markenportfolios unternommen. Detaillierte finanzielle Eckdaten und operative Updates sind im vollständigen Executive Summary für das erste Halbjahr 2025 verfügbar.
- Successful completion of company turnaround phase
- Implementation of cost reduction measures
- Expansion with new retail locations
- Strategic brand revitalization initiatives
- Trading on OTCQB market rather than major exchange
- Limited financial details provided in the announcement
DOWNEY, Calif., Aug. 29, 2025 (GLOBE NEWSWIRE) -- Blum Holdings, Inc. (OTCQB: BLMH) (the “Company,” “Blüm,” “Blüm Holdings,” “we” or “us”), a California-based publicly traded holding company, is pleased to announce the release of its “First Half 2025 Executive Summary.”
“The first half of 2025 marks the close of Blüm’s turnaround phase and the beginning of a new chapter,” said Sabas Carrillo, Chief Executive Officer of Blüm Holdings. “Through disciplined restructuring, substantial cost reductions, and strategic growth initiatives—including new retail locations and reinvigorated brands—we have transformed our financial and operational foundation, positioning the Company for sustainable growth and long-term value creation.”
The full “First Half 2025 Executive Summary,” including detailed financial highlights, operational updates, and management commentary, is available here.
About Blüm Holdings
Blüm Holdings is a leader in the cannabis sector. Our commitment to quality, innovation, and customer service makes us a trusted name in the cannabis industry, dedicated to shaping its future. Blüm Holdings, through its subsidiaries, operates leading dispensaries throughout California as well as several leading company-owned brands including Korova, known for its high potency products across multiple product categories, including the legendary 1000 mg THC Black Bar. As both a holding company and a marketing platform, Blüm aims to leverage its growing ecosystem to accelerate customer and retail investor acquisition, increase brand awareness, and create value across its portfolio.
For more info, please visit: https://blumholdings.com or follow us on Instagram.
Contact:
Jason Assad
LR Advisors LLC.
jassad@blumholdings.com
678-570-6791
Non-GAAP Financial Information
This press release includes certain non-GAAP financial measures as defined by the U.S. Securities and Exchange Commission (the “SEC”). Management believes that these non-GAAP financial measures assess the Company’s ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business, as they facilitate comparing financial results across accounting periods and to those of peer companies. These non-GAAP financial measures exclude certain material non-cash items and certain other adjustments the Company believes are not reflective of its ongoing operations and performance. Management uses non-GAAP financial measures, in addition to GAAP financial measures, to understand operational decision-making, for planning and forecasting purposes, and to evaluate the Company’s financial performance. Management believes that these non-GAAP financial measures enhance investors’ understanding of the Company’s financial and operating performance and enable investors to evaluate the Company’s operating results and future prospects in the same manner as management. Reconciliations of these non-GAAP financial measures to the most directly comparable financial measure calculated and presented in accordance with GAAP are included in the financial schedules attached to this press release. This information should be considered as supplemental in nature and not as a substitute for, or superior to, any measure of performance prepared in accordance with GAAP.
Cautionary Language Concerning Forward-Looking Statements
Certain statements contained in this communication regarding matters that are not historical facts, are forward-looking statements within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, known as the PSLRA. These include statements regarding management's intentions, plans, beliefs, expectations, or forecasts for the future, and, therefore, you are cautioned not to place undue reliance on them. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except to the extent required by law. The Company uses words such as “anticipates,” “believes,” “plans,” “expects,” “projects,” “future,” “intends,” “may,” “will,” “should,” “could,” “estimates,” “predicts,” “potential,” “continue,” “guidance,” and similar expressions to identify these forward-looking statements that are intended to be covered by the safe-harbor provisions of the PSLRA. Such forward-looking statements are based on the Company’s expectations and involve risks and uncertainties; consequently, actual results may differ materially from those expressed or implied in the statements due to a number of factors.
New factors emerge from time-to-time and it is not possible for the Company to predict all such factors, nor can the Company assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. These risks, as well as other risks associated with the combination, will be more fully discussed in the Company’s reports with the SEC. Additional risks and uncertainties are identified and discussed in the “Risk Factors” section of the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other documents filed from time to time with the SEC. Forward-looking statements included in this release are based on information available to the Company as of the date of this release. The Company undertakes no obligation to update such forward-looking statements to reflect events or circumstances after the date of this release.
FAQ
What major changes did Blum Holdings (BLMH) announce in its First Half 2025 Executive Summary?
Who is the CEO of Blum Holdings (BLMH) in 2025?
What strategic initiatives did Blum Holdings (BLMH) implement in first half 2025?
What is Blum Holdings' (BLMH) focus for future growth?
Where is Blum Holdings (BLMH) based?
