Blum Holdings, INC 8-K filings

Unrivaled Brands, Inc. and Halladay Holding, LLC, subsidiaries of Blum Holdings, Inc., have filed for Chapter 11 bankruptcy protection, while Blum Holdings' operations remain unaffected.

Blum Holdings, Inc. has divested its Black Oak Gallery and Blum San Leandro subsidiaries for a total of $3.18 million, with the buyer assuming the liabilities of the businesses.

Blm Holdings achieved a net income of $23.4 million in the second quarter of 2024, driven by the strategic sale of its Santa Ana dispensary and significant debt reduction.

Blum Holdings has replaced its auditor, Matsuura, with GuzmanGray following a merger of Matsuura's operations.

Blum Holdings, Inc. has amended its previous 8-K filings to include the historical financial statements of Coastal Pines Group and pro forma financial information following the execution of management services and advisory agreements.

Unrivaled Brands, a subsidiary of Blum Holdings, has successfully defended against a multi-million dollar judgment request and secured a preliminary injunction against Peoples California, LLC.

Blum Holdings has finalized the sale of its Santa Ana dispensary, resulting in a significant reduction of debt and a substantial financial gain.

Blum Holdings, Inc. has finalized the sale of its controlling interest in Peoples First Choice, LLC, a cannabis retail dispensary in Santa Ana, California, for a total consideration of $24.8 million.

Blum Holdings' subsidiary, Blm Santa Ana, successfully evicted Peoples Vape for non-payment of rent, securing a judgment for unpaid rent and damages.

Blum Holdings reported a decrease in revenue but significant improvements in operating expenses and net loss for the first quarter of 2024.

Blum Holdings, through its subsidiary, has entered into an advisory and consulting agreement with Coastal Pine Holdings, including a deposit to purchase Coastal, signaling a potential acquisition.

Blum Holdings expresses optimism regarding the DEA's plan to reschedule marijuana, anticipating positive reforms for the cannabis industry.

Blum Holdings, Inc. has entered into an amended agreement to acquire Safe Accessible Solutions, Inc., which operates as Cookies Sacramento, through a stock and note transaction.

Blum Holdings, Inc. has dismissed Marcum LLP as its independent auditor and appointed MATSUURA effective April 23, 2024.

Blum Holdings has released its 2023 Annual Report Executive Summary, detailing a transformative 18-month period focused on restructuring, debt reduction, and operational efficiency.

Blum Holdings saw a significant improvement in net loss and EBITDA in 2023, despite a 36% decrease in revenue, driven by strategic restructuring and cost-cutting measures.

Blum Holdings will restate its financial statements for the periods ended June 30, 2023 and September 30, 2023, due to misstatements in income taxes, accumulated deficit, and loss on disposal of assets.

Blum Holdings' subsidiary, Unrivaled Brands, has filed a civil complaint against Bernard Steimann, Daniel Troup, and Troup Construction for alleged theft of signage and concerns over brand association.

Blum Holdings has been granted a temporary restraining order against New Patriot Holdings, preventing them from interfering with Blum's access to parking spaces at their Santa Ana location.

Blum Holdings is set to acquire three Sacramento dispensaries, including a flagship Cookies location, and launch a new brand called Turkey Bag Heroes.

Blum Holdings, Inc. has entered into a binding letter of intent to acquire Operators Only Corp. and three related cannabis businesses for a total consideration of $9.7 million, consisting of cash and stock.

Blum Holdings announces preliminary unaudited 2023 financial results, highlighting $33 million in revenue from continuing operations and a 5% increase in total transactions, despite a challenging market.

Blum Holdings divests its final California cultivation facility to concentrate on retail operations and brand development.

Blum Holdings, Inc. has completed its reorganization merger with Unrivaled Brands, Inc., including a reverse stock split, and will transition to the trading symbol BLMH after a 20-day period under the temporary symbol UNRVD.