Blum Holdings Stock (OTC:BLMH), Quotes and News Summary

Q: What sector and industry does Blum Holdings (BLMH) operate in?

Blum Holdings is in the Health Care sector and Pharmaceuticals industry. They are listed on the OTCQB.

Blum Holdings Stock (OTC: BLMH) stock price, news, charts, stock research, profile.

Open	$0.640
Close	$0.675
Volume / Avg.	843.000 / 7.507K
Day Range	0.640 - 0.675
52 Wk Range	0.603 - 0.980
Market Cap	$5.737M
P/E Ratio	-
Dividend Yield	-
Exchange	OTC
RSI	0
Short Interest	-
Days to Cover	1

Recent News

Blüm Holdings Q1 Revenue Drop 16% YoY, Eliminates Non-Performing Legacy Operations, Reduces Net Loss

Nina Zdinjak

California Cannabis Co. Blüm Reports 36% YoY Drop In 2023 Revenue, Narrows Net Loss By 93%

California cannabis producer Blüm Holdings Inc. announced on Tuesday financial results for the full year and fourth quarter ended Dec. 31, 2023. The company reported a 36% year-over-year drop in revenue to $33.2 million, due to a "strategic slowdown in its underperforming distribution segment." However, the company's CFO Patty Chan said the decrease in gross margin was only $0.5 million on a revenue decrease of $18.8 million. "2023 was a truly transformative year for Blüm Holdings during which the Company focused on disposing nearly all the company's underperforming assets and significantly reducing selling, general, and administrative expenses while simultaneously realigning our strategic focus to increasing our gross margin from 35% in 2022 to 53% in 2023," Chan said.

Jelena Martinovic

Financials

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EPS worse than industry

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

Earnings Per Share

EPS is the portion of a company's profit allocated to each outstanding share of common stock. It is a key metric for investors to assess a company's profitability.

EPS worse than industry

FAQ

How do I buy Blum Holdings (BLMH) stock?

You can purchase shares of Blum Holdings (OTCQB: BLMH) through any online brokerage.

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Who are Blum Holdings's (BLMH) competitors?

There are no as such competitors for Blum Holdings.

What is the target price for Blum Holdings (BLMH) stock?

There is no analysis for Blum Holdings.

Current Stock Price for Blum Holdings (BLMH)?

The stock price for Blum Holdings (OTCQB: BLMH) is $0.71 last updated May 28, 2024 at 8:07 AM EDT.

Does Blum Holdings (BLMH) pay a dividend?

There are no upcoming dividends for Blum Holdings.

When is Blum Holdings (OTCQB:BLMH) reporting earnings?

Blum Holdings does not have any upcoming earnings scheduled.

Is Blum Holdings (BLMH) going to split?

There is no upcoming split for Blum Holdings.

What sector and industry does Blum Holdings (BLMH) operate in?

Blum Holdings is in the Health Care sector and Pharmaceuticals industry. They are listed on the OTCQB.