{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-020319","form_type":"8-K","ticker":"BLMH","cik":"0001996210","company_name":"BLUM HOLDINGS, INC.","filed_at":"2024-06-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.385285+00:00","generated_at":"2026-06-01T04:27:39.059625+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Blum Holdings sells Blüm Santa Ana dispensary, eliminates $44.5M in liabilities, books $34M gain","bullets":["Sold 80% controlling interest in People's First Choice (Blüm Santa Ana) for total consideration of $24.8M ($9M cash + assumption of $15.8M liabilities).","Extinguished $44.46M in total liabilities, including $22.2M promissory note to People's California, via debt settlement tied to the sale.","Estimated pre-tax gain of $33.98M ($3.09 per share) from the disposition; pro forma Q1 2024 net income from continuing ops of $30.6M.","Retains 20% non-economic, non-voting interest in PFC pending transfer of cannabis licenses; buyer Haven Nectar assumed operational control via MSA.","Secured $1.0M promissory note paid over 12 months; transitional services provided for 30 days; royalty-free trademark license for up to 18 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-020319","json":"https://secwatch.observer/filing/0001437749-24-020319.json","markdown":"https://secwatch.observer/filing/0001437749-24-020319.md","text":"https://secwatch.observer/filing/0001437749-24-020319.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1996210/000143774924020319/0001437749-24-020319-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1996210/000143774924020319/blmh20240531_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T04:27:39.059625+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}