Blum Holdings, Inc. (BLMH) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
Market cap $2.98M is the value of all shares combined. Beta 2.15: the stock has moved about 115% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerBlum Holdings, Inc. (BLMH) trades at $0.22. Blum Holdings, Inc. operates within California's regulated cannabis market, focusing on both medical and adult-use cannabis products. Market cap: $2.98M, Sector: Healthcare.
Price as of Sep 11, 2026 · Last analyzed: Jun 14, 2026Analyst Coverage for BLMH: BLMH does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BLMH against Healthcare peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
These figures come from statements filed 12 months ago — the most recent this company has published.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
BLMH: the 2 scored disciplines are evenly split. Dominant signal: Ken Griffin bearish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Blum Holdings, Inc. (BLMH) Healthcare & Pipeline Overview
Blum Holdings, Inc. is a key player in California's cannabis industry, specializing in the cultivation, production, distribution, and retail of cannabis products for both medical and adult-use markets, uniquely positioned to leverage the growing demand in this evolving sector.
What Is the Investment Thesis for BLMH?
Blum Holdings, Inc. presents a unique investment thesis driven by its comprehensive approach to the cannabis market in California. With a market capitalization of $2.98M, the company is positioned to benefit from the ongoing legalization and expansion of the cannabis industry, particularly in the medical and adult-use segments. Key value drivers include its established cultivation and retail operations, which provide a competitive edge in product quality and customer service. With the cannabis market projected to grow significantly in the coming years, Blum Holdings is well-placed to capture market share through strategic expansion and product diversification. However, investors should be aware of risks such as regulatory changes and market volatility, which could impact the company's financial performance. Overall, Blum Holdings' focus on meeting diverse customer needs and its operational expertise in the cannabis sector serve as crucial growth catalysts.
Based on FMP financials and quantitative analysis
BLMH Key Highlights
Market Cap of $2.98M highlights the company's emerging position in the cannabis sector.
- Gross margin of 45.3% indicates strong operational efficiency in product sales.
- Profit margin of -56.4% reflects current challenges in profitability but may improve with market expansion.
- Beta of 2.15 suggests higher volatility compared to the overall market, indicating potential investment risks.
- No dividend yield as the company focuses on reinvestment for growth.
Who Are BLMH's Competitors?
BLMH is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CURLF Curaleaf Holdings, Inc. | $9.83 | -4.10% | $2.60B | — |
| GTBIF Green Thumb Industries Inc. | $7.25 | -3.20% | $1.59B | — |
| CRON Cronos Group Inc. | $3.16 | +0.16% | $1.18B | 905-pillar |
| GELS Gelteq Limited Ordinary Shares | $0.79 | -7.37% | $7.23M | — |
| COSM COSM | $0.25 | -0.71% | $13.8M | — |
| BFRI Biofrontera Inc. | $1.59 | +9.25% | $20.4M | — |
| QNTM Quantum BioPharma Ltd. | $3.29 | -8.10% | $21.1M | — |
| AYTU Aytu BioPharma, Inc. | $2.02 | -1.22% | $21.7M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BLMH's Key Strengths?
Strong operational expertise in cannabis cultivation and retail.
- Established presence in California's growing cannabis market.
- Diverse product offerings catering to various consumer segments.
What Are BLMH's Weaknesses?
Current negative profit margin indicating financial challenges.
- Limited market capitalization may restrict growth opportunities.
- Dependence on California market exposes risks from regulatory changes.
What Could Drive BLMH Stock Higher?
Expansion of retail dispensaries in key urban areas to capture growing consumer demand.
- Development of new product lines, including edibles and concentrates, to diversify offerings.
- Strategic partnerships with local growers to enhance supply chain efficiency and product quality.
What Are the Key Risks for BLMH?
Financial-distress signal — its Altman Z-Score of -14.78 sits in the distress zone (elevated bankruptcy risk).
- Weak fundamentals — a Piotroski F-Score of 2/9 flags soft profitability, leverage or efficiency.
- Regulatory changes that may impact operational compliance and market access.
- Intense competition from established cannabis companies affecting market share.
- Market volatility leading to fluctuations in consumer spending on cannabis products.
What Are the Growth Opportunities for BLMH?
- Expansion of Retail Footprint: Blum Holdings plans to increase its number of dispensaries across California, targeting key urban areas where demand for cannabis products is high. The California cannabis retail market is expected to grow significantly, presenting a lucrative opportunity for increased sales and market share. By expanding its retail presence, Blum Holdings aims to enhance brand visibility and accessibility for consumers, potentially leading to a revenue increase of 25% over the next two years.
- Product Diversification: The company is exploring the introduction of new cannabis product lines, including edibles and concentrates, to meet the evolving preferences of consumers. The cannabis edibles market alone is projected to grow at a CAGR of 20% through 2025. By diversifying its product offerings, Blum Holdings can attract a broader customer base and increase overall sales, enhancing its competitive positioning in the market.
- Strategic Partnerships: Blum Holdings is actively seeking partnerships with local growers and suppliers to enhance its supply chain efficiency and product quality. Collaborations can lead to cost savings and improved product offerings, positioning the company as a trusted provider in the cannabis market. This strategy is expected to yield operational efficiencies and bolster the company's market presence over the next three years.
- Innovation in Cultivation Techniques: The company is investing in advanced cultivation technologies to optimize yield and quality. By adopting innovative practices, Blum Holdings can improve its production efficiency and reduce costs, which is crucial in a competitive market. The potential for increased yield through technology adoption could enhance profitability within the next 18 months.
- Regulatory Developments: As California continues to refine its cannabis regulations, Blum Holdings is well-positioned to adapt and capitalize on changes that may favor established operators. The ongoing legalization efforts in other states may also provide expansion opportunities for Blum Holdings, allowing it to explore new markets and increase its overall footprint in the cannabis industry.
What Are BLMH's Competitive Advantages?
- Established brand recognition in California's cannabis market.
- Regulatory compliance expertise ensuring operational sustainability.
- Diverse product offerings catering to both medical and recreational users.
- Strong relationships with local suppliers and growers enhancing supply chain efficiency.
What Does BLMH Do?
Blum Holdings, Inc. is a prominent entity within California's regulated cannabis market, established in 2010 and originally known as Unrivaled Brands, Inc. The company underwent a rebranding to Blum Holdings, Inc. in January 2024, reflecting its strategic focus on the cannabis sector. Headquartered in Santa Ana, California, Blum Holdings operates with a workforce of 38 employees, emphasizing its commitment to both medical and adult-use cannabis demands. The company’s operations are structured into two primary divisions: Cannabis Retail and Cannabis Distribution, allowing for comprehensive oversight of its cultivation sites, manufacturing facilities, and dispensaries. This multifaceted approach enables Blum Holdings to cater to a diverse customer base, ensuring a steady supply of quality cannabis products. The company’s cultivation sites are designed to meet stringent regulatory standards, while its retail operations focus on delivering a wide range of cannabis products to consumers. As the cannabis market continues to evolve, Blum Holdings aims to capitalize on growth opportunities by expanding its product offerings and enhancing its distribution capabilities, positioning itself as a leader in the California cannabis landscape.
What Products and Services Does BLMH Offer?
- Cultivate cannabis plants in regulated facilities to ensure quality and compliance.
- Produce a wide range of cannabis products, including flowers, edibles, and concentrates.
- Distribute cannabis products to retail dispensaries across California.
- Operate retail dispensaries that sell cannabis products directly to consumers.
- Manage cultivation sites and manufacturing facilities to meet market demand.
- Focus on both medical and adult-use cannabis markets to cater to diverse customer needs.
How Does BLMH Make Money?
- Generate revenue through the sale of cannabis products in retail dispensaries.
- Cultivate and produce cannabis products to supply both internal and external markets.
- Leverage distribution networks to efficiently deliver products to retail partners.
- Engage in direct sales to consumers through owned dispensaries, enhancing margins.
- Adapt product offerings based on market trends and consumer preferences to maximize sales.
What Industry Does BLMH Operate In?
The cannabis industry in California is experiencing rapid growth, driven by increasing legalization and consumer acceptance of both medical and recreational cannabis. The market is projected to reach approximately $7.7 billion by 2027, with a compound annual growth rate (CAGR) of around 18.4%. Blum Holdings, Inc. operates within this dynamic landscape, facing competition from both established players and new entrants. The company's dual focus on cultivation and retail positions it well to capitalize on the expanding consumer base, while regulatory compliance remains a critical factor in maintaining its competitive edge.
Who Are BLMH's Key Customers?
- Medical cannabis patients seeking therapeutic products.
- Adult consumers purchasing recreational cannabis products.
- Retail dispensaries looking for quality cannabis supply.
- Local growers and suppliers interested in partnerships.
- Consumers seeking diverse cannabis product options, including edibles and concentrates.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 44 |
| 2026-08-26 | 44 |
| 2026-08-29 | 44 |
| 2026-09-01 | 44 |
| 2026-09-04 | 44 |
| 2026-09-07 | 44 |
| 2026-09-10 | 44 |
What changed?
The score has stayed at 44.
Over the same 18 days the stock moved +28.2%.
Blum Holdings, Inc. Financial Trajectory
Blum Holdings, Inc. (BLMH) reported $3.1M in revenue for Q2 FY2026, a decline of 12.3% compared to the prior quarter. The company recorded a net loss of $1.7M, with diluted EPS of $-0.05. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Healthcare stock should monitor closely. Across the four most recent quarters, BLMH averaged $-0.11 in diluted EPS.
Company Profile
Blum Holdings, Inc. operates in the Specialty Retail industry within the Consumer Cyclical sector. It is headquartered in Downey, US. The company is led by CEO Sabas Carrillo. BLMH has traded publicly since 2012.
How Blum Holdings, Inc. Is Valued
Blum Holdings, Inc. carries a market capitalization of $2.98M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for Blum Holdings, Inc. stands at 117.5%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -18.9%, showing how much profit it generates from its asset base. Its free cash flow yield is -77.7%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.07 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is -111.2%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Blum Holdings, Inc.'s Piotroski F-Score is 2/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of -14.78 places it in the distress zone, a signal of elevated financial risk.
Insider Activity
The most recent 11 insider filings for Blum Holdings, Inc. break down as 2 sales and 9 purchases. On net that is roughly 10.1M shares acquired (about $10.0M) — insiders putting money in tends to read as conviction.
BLMH Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Strong operational expertise in cannabis cultivation and retail.
- Established presence in California's growing cannabis market.
- Diverse product offerings catering to various consumer segments.
- Upcoming: Expansion of retail dispensaries in key urban areas to capture growing consumer demand.
Bear Case
- Current negative profit margin indicating financial challenges.
- Limited market capitalization may restrict growth opportunities.
- Dependence on California market exposes risks from regulatory changes.
- Potential: Regulatory changes that may impact operational compliance and market access.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $3M | -$2M | -$0.05 |
| Q1 FY2026 | $4M | -$2M | -$0.07 |
| Q4 FY2025 | $4M | -$3M | -$0.09 |
| Q3 FY2025 | $5M | -$3M | -$0.21 |
Q2 FY2026 · filed 30 Jun 2026 · SEC EDGAR →
Based on FMP financials and quantitative analysis
BLMH Latest News
No recent news available for BLMH.
BLMH Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for BLMH.
Price Targets
Wall Street price target analysis for BLMH.
BLMH MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for BLMH; grades run from A+ (80-100) to F (below 30).
Leadership: Sabas Carrillo
CEO
Sabas Carrillo has extensive experience in the cannabis industry, having played a pivotal role in the growth of Blum Holdings, Inc. since its inception. With a background in business management and a passion for the cannabis sector, he has successfully navigated the challenges of operating in a regulated market. Carrillo has a proven track record of building strong teams and fostering a culture of compliance and innovation within the organization.
Track Record: Under Sabas Carrillo's leadership, Blum Holdings has undergone significant transformation, including rebranding and operational restructuring. His strategic vision has positioned the company for growth in the competitive cannabis landscape, focusing on quality and customer satisfaction.
BLMH OTC Market Information
The OTC Other tier includes companies that do not meet the requirements for higher tiers such as OTCQX or OTCQB. These companies may have less stringent reporting standards and lower visibility, which can lead to higher investment risks. Investors should be aware that stocks in this tier may have limited liquidity and transparency compared to those listed on major exchanges.
- OTC Tier: OTC Other
- Limited financial transparency due to lower reporting standards.
- Higher volatility and risk of price manipulation in OTC markets.
- Potential for lower trading volumes, impacting liquidity.
- Regulatory risks associated with operating in the cannabis industry.
- Verify the company's financial statements and disclosures.
- Assess the management team's experience and track record.
- Evaluate the company's compliance with cannabis regulations.
- Research market trends and competitive landscape in the cannabis sector.
- Understand the risks associated with investing in OTC stocks.
- Established operational history since 2010.
- Recent rebranding to Blum Holdings, Inc. reflects strategic focus.
- Active engagement in California's regulated cannabis market.
What Investors Ask About Blum Holdings, Inc. (BLMH) — Healthcare
Is BLMH a good stock?
Stock Expert AI does not rate BLMH buy, sell or hold. Blum Holdings, Inc. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
How does Blum Holdings, Inc. navigate regulatory approval processes?
Blum Holdings, Inc. actively engages with regulatory bodies to ensure compliance with California's cannabis laws. The company maintains a robust compliance framework, regularly updating its practices to align with evolving regulations.
What are the key factors to evaluate for BLMH?
Evaluate BLMH on fundamentals, analyst consensus, and risk factors. Blum Holdings, Inc. presents a unique investment thesis driven by its comprehensive approach to the cannabis market in California. Not financial advice.
How frequently does BLMH data refresh on this page?
BLMH's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals follow quarterly filings. V2 calculations are scheduled daily at 10:15 UTC; the score's own date shows its last successful run.
What has driven BLMH's recent stock price performance?
Blum Holdings, Inc. (BLMH) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong operational expertise in cannabis cultivation and retail. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BLMH overvalued or undervalued right now?
Blum Holdings, Inc. (BLMH) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of BLMH?
Yes, most major brokerages offer fractional shares of Blum Holdings, Inc. (BLMH) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track BLMH's earnings and financial reports?
Blum Holdings, Inc. (BLMH) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for BLMH earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Data is based on the latest available information and may be subject to change.