Blum Holdings Inc. (BLMH)
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BlĂĽm Holdings Expands Platform Through the Contemplated Acquisition of Cookies Equity Holder
Strategic transaction will deepen BlĂĽm's indirect stake in Cookies and will further align its platform with one of the most recognized cannabis brands in the U.S. Strategic transaction will deepen BlĂĽm's indirect stake in Cookies and will further align its platform with one of the most recognized cannabis brands in the U.S.
Blum Holdings, Inc. Doubles Revenue Potential with Execution of Amended and Restated LOI, Accelerating Acquisition of Premier Northern California Dispensary
DOWNEY, Calif., May 15, 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 the execution of an Amended and Restated Binding Letter of Intent (“A&R LOI”), as previously disclosed in press releases dated January 21, 2025 and February 4, 2025, to acquire 100% of the issued and outstanding common stock of a licensed retail cannabis operator located in Northern California (the “Target”).
Lightwave Logic Appoints Robert Blum as Senior Vice President of Sales and Marketing
Expansion of senior leadership team focused on accelerating commercial strategy ENGLEWOOD, CO / ACCESS Newswire / May 14, 2025 / Lightwave Logic, Inc. (NASDAQ:LWLG) ("Lightwave Logic" or the "Company"), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds for AI clusters and datacenter optical connections, today announced the appointment of Robert Blum as its new Senior Vice President of Sales and Marketing, effective May 19, 2025. Dr. Blum brings extensive direct industry expertise in silicon photonics, polymers, AI, and semiconductors, with a strong focus on customer acquisition and a demonstrated track record of accelerating revenue growth.
Blum Holdings Inc. Reports First Quarter 2025 Financial Results
Revenue Growth of 26% Year-over-Year, EBITDA Turns Positive Amid Operating Improvements and Streamlined Cost Structure, Net Loss Reduced by Over 80% Revenue Growth of 26% Year-over-Year, EBITDA Turns Positive Amid Operating Improvements and Streamlined Cost Structure, Net Loss Reduced by Over 80%
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.
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”.
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.
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 Chapter 11 bankruptcy proceedings), Unrivaled Brands, Inc. (“Unrivaled”) and Halladay Holding, LLC (“Halladay” and along with Unrivaled, the “Debtors”).
BlĂĽm 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 Productions & Consulting, Inc. (“Cookies”).
BlĂĽm 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.
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-million dollar judgment to be entered against Unrivaled. At the same hearing, the Court granted Unrivaled's application for a preliminary injunction barring People's from attempting to foreclose on a building owned by an affiliated entity and invalidating a prior foreclosure attempt by People's, following a previously granted Temporary Restraining Order in favor of Unrivaled.
BlĂĽm Holdings, Inc. Completes Sale of BlĂĽm 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 Nectar LLC (“Haven Nectar”). PFC owns and operates a cannabis retail dispensary campus in Santa Ana, California named Blüm Santa Ana.
