US: Blüm Holdings receives $900,000 in financing

Blum Holdings, Inc. has announced the receipt of $900,000 in financing led by Mr. Douglas Rosenberg. This capital will support operational and acquisition-related activities in 2025. Mr. Rosenberg is the Co-Founder and CEO of Mesh Ventures and Co-Founder of 1212 Ventures.

Blüm has also recently signed three term sheets each aimed at bolstering the Company's retail and brand portfolio. These transactions are designed to enhance Blüm's operational footprint, which Blüm believes will lay the foundation for future opportunities.

While details of these Term Sheets remain subject to definitive agreements and regulatory approval, these transactions reflect Blüm's intention to capitalize on opportunities that can amplify growth and expand strategic influence.