{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-017981","form_type":"8-K","ticker":"BLMH","cik":"0001996210","company_name":"BLUM HOLDINGS, INC.","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.656456+00:00","generated_at":"2026-05-20T22:57:28.339767+00:00","sec_items":["1.01","2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Blum Holdings gains control of Bay Area cannabis retailer, signs deal for Cookies equity interest","bullets":["MSA grants Blum Management exclusive operational & economic control of a licensed Bay Area cannabis retailer; $800k paid to seller.","Company will consolidate Target's operations as a VIE effective May 15, 2025.","Binding term sheet to acquire 100% of holding company with non-controlling interest in Cookies brand for 489,131 shares plus warrants.","Consideration includes warrants for 30,762 shares at $0.64; implied deal value $562,500; closing targeted Q3 2025.","CEO Sabas Carrillo says transaction deepens economic exposure to Cookies and positions Blum for institutional-quality optionality."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-017981","json":"https://secwatch.observer/filing/0001437749-25-017981.json","markdown":"https://secwatch.observer/filing/0001437749-25-017981.md","text":"https://secwatch.observer/filing/0001437749-25-017981.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925017981/0001437749-25-017981-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925017981/blmh20250521_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T22:57:28.339767+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":[{"claim_id":"20d43c0d6c4ba7eb8a3eaabdd65ded2e9221ac8e","claim":"BLUM HOLDINGS, INC. completed an acquisition involving the Target for $800,000 (closed 2025-05-15).","evidence_excerpt":"and may be terminated under certain conditions, including consummation of a stock acquisition of the Target by the Company. The execution of the MSA triggered the release of $800,000 in cash consideration to the seller as outlined by the A&R LOI. This payment was made in connection with the grant of operational control under the MSA and will be credited toward","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1996210/000143774925017981/0001437749-25-017981-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"the Target"},{"label":"Consideration","value":"$800,000"},{"label":"Closing","value":"2025-05-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}