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Blum Holdings Secures $1.5M Through Promissory Notes

Story Highlights
  • Blum Holdings issued $1.5 million in unsecured promissory notes with an 8% interest rate.
  • The notes are convertible into shares, with warrants exercisable until late 2028, impacting Blum’s financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Blum Holdings Secures $1.5M Through Promissory Notes

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Blum Holdings ( (BLMH) ) has provided an announcement.

Blum Holdings, Inc. executed several unsecured promissory notes totaling $1.5 million with a related accredited investor, each bearing an 8% annual interest rate and maturing between September and November 2027. These notes, issued in early December 2025, can be converted into shares of Blum’s capital stock at a discounted valuation, and the lender received warrants to purchase additional shares, exercisable until late 2028. The issuance of these notes and warrants reflects Blum’s strategic financial maneuvers to secure funding and potentially expand its shareholder base, impacting its financial structure and offering investment opportunities to stakeholders.

The most recent analyst rating on (BLMH) stock is a Hold with a $0.58 price target. To see the full list of analyst forecasts on Blum Holdings stock, see the BLMH Stock Forecast page.

Spark’s Take on BLMH Stock

According to Spark, TipRanks’ AI Analyst, BLMH is a Neutral.

Blum Holdings’ overall stock score is primarily impacted by its financial instability and bearish technical indicators. The company’s high leverage and negative equity pose significant risks, while technical analysis suggests weak market momentum. Although the low P/E ratio might indicate undervaluation, the financial challenges overshadow potential valuation benefits.

To see Spark’s full report on BLMH stock, click here.

More about Blum Holdings

Average Trading Volume: 3,510

Technical Sentiment Signal: Sell

Current Market Cap: $16.53M

Find detailed analytics on BLMH stock on TipRanks’ Stock Analysis page.

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