Blüm Holdings Reports Encouraging Preliminary 2023 Revenues Amidst Comprehensive Corporate Overhaul and Market Challenges
Transactional Growth: Amidst a challenging market, our total transactions in 2023 grew by 5% from 2022, highlighting our ability to attract and retain customers.
- Transactional Growth: Amidst a challenging market, our total transactions in 2023 grew by 5% from 2022, highlighting our ability to attract and retain customers.
- Navigating a Dynamic Market: In the face of a downturn in the California cannabis market, Blüm Holdings has displayed exceptional resilience slightly outperforming the broader cannabis market trends in 2023.
- Despite these challenges and those of the California cannabis market, Blüm Holdings has demonstrated stability in revenue from continuing retail operations alongside increase in gross profit.
- Marcum LLP, our independent registered public accounting firm, has not audited, reviewed, compiled or performed any procedures with respect to the accompanying preliminary financial data.