Blüm Holdings Refocuses on Cannabis Retail and Brand Leadership with Strategic Sale of Cultivation Assets

SANTA ANA, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) — Blum Holdings, Inc. (OTCQB:UNRVD) (“Company,” “Blüm Holdings”, “we” or “us”), a cannabis company with operations throughout California, announces its wholly-owned subsidiary Unrivaled Brands’ divestment of its final California cultivation facility, a decision which aligns to a broader realignment strategy concentrating the Company’s efforts on operating and expanding profitable cannabis assets and developing brands.

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