About Us
EXPERIENCED LEADERSHIP
RIGHTSIZE & STABILIZE
CULTURE DRIVEN EXECUTION
KEY TURNAROUND ACCOMPLISHMENTS
...
RETAIL OPERATIONS
NEW MANAGEMENT RE-OPENED THE SHUTTERED BLUM
DISPENSARY IN SAN LEANDRO IN Q4 UNDER
MANAGEMENT AGREEMENT
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CEASED RETAIL AND DELIVERY SERVICES OF
SILVERSTREAK AND RENEGOTIATED DEBT RELATED TO
ACQUISITION. DISSOLVED UNDER-PERFORMING ASSETS
INCLUDING UMBRLA, LTRMN CA, AND BRND HOUSE.
SOLD REMAINING MEMBERSHIP INTERESTS OF NULEAF
STORES IN RENO, NEVADA
ENTERED INTO BINDING LOI'S WITH PURCHASE
OPTIONS FOR COOKIES-BRANDED STORES IN REDDING
AND OAKLAND, CALIFORNIA
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ENTERED INTO SETTLEMENT RELATED TO PEOPLES
ACQUISITION LITIGATION.
CORPORATE OPERATIONS
STARTED A $2 MILLION CAPITAL RAISE OF THE SERIES V
PREFERRED SHARES; ROUND CLOSED IN FEBRUARY 2023
IMPLEMENTED HEADCOUNT AND OVERHEAD COST
SAVINGS PROGRAMS
CREATED INITIATIVES TO SOLIDIFY COMPANY CULTURE,
ALIGN EMPLOYEE INCENTIVES, IMPLEMENT NEW ERP
AND CUSTOMER LOYALTY SOLUTION AND OTHER DATA-
DRIVEN MANAGEMENT PROCESSES
RECONSTITUED BOARD OF DIRECTORS WITH
PLACEMENT OF SABAS CARRILLO, MATT BARRON, AND
JIM MILLER
UNRIVALED.
M₂2₂
CULTIVATION & DISTRIBUTION
OPERATIONS
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• SOLD REMAINING MEMBERSHIP INTERESTS IN NULEAF
SPARKS CULTIVATION IN SPARKS, NEVADA
• SOLD REAL ESTATE HOLDINGS IN SPANISH SPRINGS, NV
AND 620 DYER ROAD PROPERTY.
• SOLD OREGON CULTIVATION AND DISTRIBUTION
ASSETS (LTRMN, PSYCHONAUT, DISTRO OR)
CONSOLIDATED CULTIVATION OPERATIONS AT
HEGENBERGER FACILITY; CLOSED OPERATIONS AT
WEST GRAND
BRAND OPERATIONS
RECONCILED FINANCIAL ISSUES WITH DISTRIBUTION
PARTNERS ACROSS ALL ACCOUNTS
RELOCATED AND CONSOLIDATED OPERATIONS &
MANUFACTURING
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CLOSED DISTRIBUTION AND NEGOTIATED OUT OF A
LONG-TERM LEASE
BEGAN BRAND TRANSITION FROM PEOPLES OC TO BE
RENAMED AND REBRANDED AS "BLUM OC"
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