The acquisitions were made on the open market and were approved by the company's board, as noted in the filing. Following these transactions, Carrillo's direct ownership of Blum Holdings' common stock rose to 86,712 shares. Additionally, Carrillo holds indirect ownership through Adnant, LLC, where he serves as CEO and managing member, with 1,123,595 shares of common stock and 3,571,429 shares of Series V Preferred Stock. These transactions reflect Carrillo's continued investment in Blum Holdings, a company operating within the miscellaneous retail sector with a market capitalization of $4.7 million. InvestingPro data reveals the company has achieved impressive revenue growth of 181% over the last twelve months, though it faces challenges with cash burn and debt management. Subscribers can access 11 additional ProTips about BLMH's financial position.
The acquisitions were made on the open market and were approved by the company's board, as noted in the filing. Following these transactions, Carrillo's direct ownership of Blum Holdings' common stock rose to 86,712 shares. Additionally, Carrillo holds indirect ownership through Adnant, LLC, where he serves as CEO and managing member, with 1,123,595 shares of common stock and 3,571,429 shares of Series V Preferred Stock.
These transactions reflect Carrillo's continued investment in Blum Holdings, a company operating within the miscellaneous retail sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.