---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-017159"
form_type: "8-K"
ticker: "BLMH"
cik: "0001996210"
company_name: "BLUM HOLDINGS, INC."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T06:04:02.820885+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Blum Holdings doubles revenue potential with amended LOI to acquire Northern CA dispensary

## Summary
- Transaction expected to generate over $12M in annual revenue, more than doubling Blüm's revenue.
- Total consideration remains $2M: $1.3M cash (including $500K convertible note to Seller Note) + $500K stock at $1.15/share (40% improvement from original terms).
- Immediate release of $800K escrow upon signing Management Services Agreement, granting operational control of target.
- Performance-based earn-outs tied to revenue milestones over 12 months post-closing; closing subject to regulatory approvals.
- Definitive Stock Purchase Agreement expected soon; target is a licensed retail cannabis operator in Northern California.

## SEC filing metadata
- accession: 0001437749-25-017159
- form_type: 8-K
- ticker: BLMH
- cik: 0001996210
- company_name: BLUM HOLDINGS, INC.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1996210/000143774925017159/0001437749-25-017159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1996210/000143774925017159/blmh20250510_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-017159
- JSON: https://secwatch.observer/filing/0001437749-25-017159.json
- Plain text: https://secwatch.observer/filing/0001437749-25-017159.txt

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