Blum Holdings, Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Sabas Carrillo
- Full Time Employees
- 38
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 3242 South Halladay Street Downey CA United States of America 92705
- IPO Date
- May 10, 2012
- CIK
- 0001996210
- Website
- blumholdings.com
- Similar Companies
- Business
- Blum Holdings, Inc. is a California-based cannabis company engaged in the retail and distribution of cannabis products through its subsidiaries. The company operates leading cannabis dispensaries throughout California, including Cookies Sacramento, a premium retail store offering a wide range of cannabis strains, edibles, and accessories. It also markets several company-owned brands, most notably Korova, which produces high potency cannabis products across multiple categories such as flower, edibles, and concentrates. Blum Holdings additionally provides consulting and advisory services for dispensaries and distributes its branded products via licensed third-party distributors within California. The company focuses on two main segments: Cannabis Retail and Cannabis Distribution, targeting both medical and adult-use cannabis consumers primarily in California. Founded in 2010 and headquartered in Downey, California, Blum Holdings changed its name from Unrivaled Brands, Inc. in January 2024 as part of a broader corporate reorganization. Recent strategic initiatives emphasize a shift towards cannabis retail and brand development, including the consolidation and expansion of retail operations in Northern California through acquisitions. In 2024 and 2025, Blum Holdings executed significant restructuring, reducing liabilities by over 60%, divesting non-core assets such as its final cultivation facility, and focusing on profitable retail operations and brand leadership. The company secured additional funding of $0.5 million in 2025 and entered a binding agreement to acquire a majority stake in a licensed Northern California dispensary, expected to add materially to revenue. It also resolved substantial litigation through a comprehensive settlement to stabilize operations and support ongoing growth. Blum Holdings operates under a multi-brand platform aligned with vertical integration, balancing retail presence with branded product manufacturing and distribution. Its recent efforts reflect a disciplined capital allocation strategy designed to drive sustainable growth and shareholder value in the competitive California cannabis market. The company maintains a presence through its subsidiaries Unrivaled Brands and Halladay Holding, which are undergoing Chapter 11 proceedings but align with the company’s focus on reorganization and financial stability. Overall, Blum Holdings, Inc. positions itself as a leading cannabis retail and brand company in California, with detailed product offerings in cannabis flower, edibles, concentrates, and accessories, supported by strategic acquisitions, restructuring, and brand development focused on maintaining and expanding market share in the evolving cannabis industry. The company is headquartered in Santa Ana, California, and led by Chairman and CEO Sabas Carrillo.
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