Blum Holdings, Inc. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was USD 8.73 million compared to USD 20.48 million a year ago. Net income was USD 3.57 million compared to net loss of USD 9.74 million a year ago.

Basic earnings per share from continuing operations was USD 1 compared to basic loss per share from continuing operations of USD 3 a year ago. Basic earnings per share was USD 1 compared to basic loss per share of USD 2 a year ago.