Blum Holdings, Inc. Provides Update on Settlement with People’s California, LLC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 14 2025
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Source: Globenewswire
Settlement Update: Blum Holdings, Inc. has reached a global settlement with People’s California, LLC and related parties to resolve ongoing litigation, pending court approval, which could aid in the company's restructuring efforts amidst Chapter 11 bankruptcy proceedings.
Company Overview: Blüm Holdings is a prominent cannabis operator in California, known for its quality products and innovative approach, operating several dispensaries and brands, including Korova, while aiming to enhance customer acquisition and brand awareness.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
