---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-034860"
form_type: "8-K"
ticker: "BLMH"
cik: "0001996210"
company_name: "BLUM HOLDINGS, INC."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:21:57.500122+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blum Holdings Q3 2024: revenue up 182% YoY, gross margin 56%, debt cut 68% YTD

## Summary
- Revenue from continuing operations +15% QoQ, +182% YoY; gross margin improved to 56% in Q3 2024.
- SG&A expenses for 9M 2024 were $14.8M, down from $30.3M in prior year period.
- Debt reduced to $9.2M as of Sep 30, 2024 (68% YTD reduction, 83% from Dec 2021); total liabilities $66.2M.
- Post Q3: Sold Blum Oakland & San Leandro for $3.18M liability assumption; Unrivaled Chapter 11 filing limited to that entity, not Blum.
- Northern CA stores consolidated, adding ~$3M quarterly revenue; Korova brand reinvigorated.

## SEC filing metadata
- accession: 0001437749-24-034860
- form_type: 8-K
- ticker: BLMH
- cik: 0001996210
- company_name: BLUM HOLDINGS, INC.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996210/000143774924034860/0001437749-24-034860-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996210/000143774924034860/blmh20240905_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-034860
- JSON: https://secwatch.observer/filing/0001437749-24-034860.json
- Plain text: https://secwatch.observer/filing/0001437749-24-034860.txt

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