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The latest update is out from Blum Holdings ( (BLMH) ).
On May 13, 2025, Blüm Holdings executed an Amended and Restated Binding Letter of Intent to acquire a licensed retail cannabis operator in the Bay Area for $2.0 million, gaining immediate operational control. The company also appointed Brad Hirsch to its Board of Directors on May 8, 2025, and reported significant financial improvements for Q1 2025, including a 26% revenue increase and positive EBITDA, reflecting operational efficiency and strategic restructuring.
Spark’s Take on BLMH Stock
According to Spark, TipRanks’ AI Analyst, BLMH is a Neutral.
Blum Holdings’ overall stock score reflects a balance between significant financial instability and some positive prospects. The financial performance is notably weak, with high leverage and liquidity issues posing major risks. However, technical indicators are neutral, and the low P/E ratio suggests undervaluation. Recent corporate events hint at a potential turnaround, but substantial risks remain.
To see Spark’s full report on BLMH stock, click here.
More about Blum Holdings
Blüm Holdings is a leader in the cannabis sector, operating dispensaries throughout California and owning several brands, including Korova. The company focuses on quality, innovation, and customer service, aiming to accelerate customer and retail investor acquisition and increase brand awareness.
Average Trading Volume: 3,410
Technical Sentiment Signal: Sell
Current Market Cap: $9.61M
Learn more about BLMH stock on TipRanks’ Stock Analysis page.