---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003208"
form_type: "8-K"
ticker: "BLMH"
cik: "0001996210"
company_name: "BLUM HOLDINGS, INC."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:38:11.447187+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Blum Holdings reports preliminary FY2023 revenue $33.0M from continuing retail ops; Q4 retail $8.0M

## Summary
- Preliminary FY2023 revenue from continuing operations $33.0M; prior year cultivation recast as discontinued ops.
- Q4 quarter-on-quarter retail revenue fell to $8.0M from $8.4M; gross profit margin 53%.
- Total transactions grew 5% YoY; Oakland store transactions up 29% YoY.
- Completed comprehensive corporate restructuring; new board, management, and holding company structure.
- Significant debt reduction achieved; expects ticker change to BLMH after 20 business days.

## SEC filing metadata
- accession: 0001437749-24-003208
- form_type: 8-K
- ticker: BLMH
- cik: 0001996210
- company_name: BLUM HOLDINGS, INC.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996210/000143774924003208/0001437749-24-003208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996210/000143774924003208/blmh20240205_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003208
- JSON: https://secwatch.observer/filing/0001437749-24-003208.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003208.txt

## Key facts
- Earnings Releases
  BLUM HOLDINGS, INC. reported fiscal year ended December 31, 2023 results: revenue $33.0 million.
  - Period: fiscal year ended December 31, 2023
  - Revenue: $33.0 million
  - Result: preliminary results
  source text: the Company for sustainable growth and operational efficiency. ● Financial Performance and Retail Operations Focus: Revenue from continuing operations for fiscal year 2023 was $ 33.0 million, a reflection of our pivot to retail-centric operations. Prior year cultivation-related figures are now treated as discontinued operations. ● Quarterly Resilience:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1996210/000143774924003208/0001437749-24-003208-index.htm
- Earnings Releases
  BLUM HOLDINGS, INC. reported fourth quarter ended December 31, 2023 results: revenue $8.0 million.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $8.0 million
  - Result: preliminary results
  source text: Quarter-on-quarter retail revenue remained materially consistent with Q3 revenue, falling from $8.4 million to $8.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1996210/000143774924003208/0001437749-24-003208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
