Blum Holdings, Inc. Doubles Revenue Potential with Execution of Amended and Restated LOI, Accelerating Acquisition of Premier Northern California Dispensary
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2025
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Should l Buy ?
Source: Newsfilter
Acquisition Announcement: Blüm Holdings, Inc. has signed an Amended and Restated Binding Letter of Intent to acquire a licensed retail cannabis operator in Northern California, which is expected to more than double its annual revenue to over $12 million.
Transaction Details: The acquisition involves a total consideration of $2 million, including cash and stock, with performance-based earn-outs tied to revenue milestones, and is subject to regulatory approvals.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
