Blum Holdings subsidiary Unrivaled Brands files Chapter 11; assets $6M vs liabilities $35M

BLUM HOLDINGS, INC.

Unrivaled Brands and Halladay Holding entered Chapter 11 on Nov 6, 2024; estimated assets $6.0M, liabilities $35.0M.
Blum Holdings states its other operations are unaffected and continue outside bankruptcy proceedings.
No plan of reorganization or liquidation has been confirmed; case is in initial stages.
Only assets and liabilities of Unrivaled and Halladay are included in the debtor-in-possession estates.

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