Blum Holdings Closes Acquisition of Bay Area Cannabis Dispensary

Reuters12-18

Blum Holdings Closes Acquisition of Bay Area Cannabis Dispensary

Blüm Holdings, Inc. has completed the acquisition of a high-volume Bay Area cannabis retail dispensary by purchasing all outstanding equity of the operating entity. The acquired dispensary, a well-established and fully licensed retail operator in a major Northern California market, has generated approximately $12 million in annual revenue and has a strong local customer base. This transaction further expands Blüm's footprint in Northern California. According to the company, all required closing conditions have been satisfied, and the acquisition was completed with a combination of cash and equity consideration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blum Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9604305-en) on December 18, 2025, and is solely responsible for the information contained therein.

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The acquired dispensary, a well-established and fully licensed retail operator in a major <a href=\"https://laohu8.com/S/NRLB\">Northern California</a> market, has generated approximately $12 million in annual revenue and has a strong local customer base. This transaction further expands Blüm's footprint in Northern California. According to the company, all required closing conditions have been satisfied, and the acquisition was completed with a combination of cash and equity consideration.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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