Blum Holdings Inc. (BLMH)

Overview

Blum Holdings, Inc., originally founded in 2010 and headquartered in Santa Ana, California, is a vertically integrated cannabis company that is deeply involved in the cultivation, manufacturing, distribution, and retail of medical and adult-use cannabis products within the state of California. Initially known as Unrivaled Brands, Inc., the company underwent a name change to Blum Holdings, Inc. in January 2024, signaling a new phase in its corporate identity and direction. The company operates across two main segments: Cannabis Retail and Cannabis Distribution. Through its extensive operations, Blum Holdings, Inc. manages a network of medical marijuana and adult use dispensaries, alongside cultivation and manufacturing facilities, showcasing its comprehensive involvement in the cannabis industry.

Products and Services

• Cannabis Retail - Blum Holdings, Inc. provides a broad selection of cannabis products through its dispensaries, catering to both medical marijuana patients and adult-use consumers. This encompasses a variety of cannabis strains, edibles, concentrates, and topicals, designed to meet diverse consumer needs and preferences.
• Cannabis Distribution - Apart from retail, the company plays a significant role in the distribution of cannabis products. This includes the transportation and supply of cannabis products from cultivation sites to dispensaries across California. Their distribution network ensures a steady and regulatory-compliant flow of products within the market, serving as a crucial link between cultivation and retail.
• Cultivation - Blum Holdings, Inc. engages in the cultivation of high-quality cannabis, leveraging state-of-the-art facilities to grow a wide range of cannabis strains. This not only enables the company to supply its own dispensaries but also to distribute premium cannabis flowers to other retailers within the state.
• Manufacturing - In addition to growing cannabis, the company has developed capabilities in manufacturing cannabis products, including edibles, concentrates, and other marijuana-infused products. This allows for innovation in product offerings and consistency in quality, catering to evolving market trends and consumer preferences.