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Blum Holdings, Inc. - UNRV STOCK NEWS

Welcome to our dedicated news page for Blum Holdings (Ticker: UNRV), a resource for investors and traders seeking the latest updates and insights on Blum Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blum Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blum Holdings's position in the market.

Rhea-AI Summary
Unrivaled Brands announces key executive appointments to rebuild the Korova brand, including Joe Gerlach as Director and Hanna Gruntz as Head of Sales. The re-launch includes a reformulation of Korova's staple products, improving product quality and customer experience. The company plans to roll out a new menu that caters to Korova's loyal customer base seeking maximum potency products. The appointments and product improvements could positively impact the stock price.
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Unrivaled Brands intends to oppose an Application for a Writ of Attachment filed by 1149 South LA Street Fashion District and 1135 South LA Street Fashion District. Unrivaled Brands has successfully resolved over $50.0 million in debt in the past 12 months. The CEO stated that they will continue to work with creditors and explore reasonable outcomes to the litigation. The cannabis commercial real estate market remains challenging.
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Unrivaled Brands appoints Arturo Sanchez as Associate General Counsel - Compliance and David Stogner as Director of People, signaling a focus on regulatory compliance and human resources. Both professionals have extensive experience in the cannabis industry. The appointments are seen as a positive move for the company's future.
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Unrivaled Brands' megastore, People's OC, has taken 2nd place for all cannabis dispensaries in Orange County in the 'Best of Orange County 2023' readers' choice poll. The company is honored and proud to provide the best selection of cannabis products and premiere customer experience. The achievement validates their commitment to customers.
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Unrivaled Brands listed as 8th most profitable cannabis company, with a market cap of $20.0 million. They credit their success to a turnaround team and support from creditors and investors.
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Unrivaled Brands resolves litigation with insurance companies
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Unrivaled Brands resolves litigation with Mystic Holdings, leading to a strategic partnership. Unrivaled gains seats on Mystic's board, equity stake, and voting rights. Collaboration could enhance operational efficiency, unlock cross-selling opportunities, and access new capital. Positive potential for market disruption in Nevada.
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Unrivaled Brands, Inc. releases updated corporate presentation highlighting 10-month operational and financial performance. Key highlights include reducing debt by 43%, increasing gross margins to 52%, cutting down corporate overhead expenditures by 23%, and decreasing net loss by 99%. Restructuring highlights include partnering with Brick City Productions, spinning off under-performing assets, and entering into purchase options for Cookies branded retail locations. Despite progress, significant risk factors remain. Gratitude expressed to creditors, investors, and shareholders.
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Blum Holdings, Inc.

OTC:UNRV

UNRV Rankings

UNRV Stock Data

58.12k
4.50M
41.85%
0.01%
Fertilizer (Mixing Only) Manufacturing
Manufacturing
Link
United States
Santa Ana