Private company
Unrivaled Brands, Inc.
American retail-miscellaneous retail company based in Santa Ana1
In its 2023 annual report the company says: “Unrivaled Brands, Inc. is a cannabis company with retail, production, and cultivation operations throughout California, with an emphasis on providing the highest quality of medical and adult use cannabis products. The Company is home to Korova, a brand of high potency products across multiple product categories, currently available in California, Oregon, Arizona, and Oklahoma. The Company operates four cannabis dispensaries in California: People’s in Santa Ana, The Spot in Santa Ana, Blüm in Oakland, and Blüm in San Leandro.”63
Last updated Oct 20, 2026.
Overview
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2022
Where the money goes
Where each dollar of revenue went, fiscal 2022
- Cost of revenue36¢$35.1M
- Selling, general and admin56¢$54.2M
- Interest4¢$4.2M
- Income tax3¢$2.8M
Out of $52.0M in revenue.3 The company lost money this year.
Financial statements
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Revenue | $25.3M4 | $35.8M5 | $20.2M6 | $16.5M7 | $6.2M8 | $42.1M3 | $52.0M3 |
| Cost of revenue | $22.8M4 | $24.9M5 | $13.2M6 | $6.1M7 | $3.5M8 | $31.1M3 | $35.1M3 |
| Gross profit | $2.6M4 | $10.9M5 | $7.0M6 | $10.3M7 | $2.6M8 | $11.0M3 | $16.9M3 |
| Selling, general and admin | $20.7M4 | $30.8M5 | $37.9M6 | $36.7M7 | $19.3M8 | $46.3M3 | $54.2M3 |
| Operating expenses | $49.4M3 | $210.7M3 | |||||
| Operating income | -$18.1M4 | -$19.9M5 | -$26.4M6 | -$34.9M7 | -$36.6M8 | -$38.3M3 | -$193.8M3 |
| Interest | $377.3K4 | $2.7M5 | -$11.0M6 | $9.3M7 | $1.4M8 | $1.8M3 | $4.2M3 |
| Income before tax | -$41.2M3 | -$195.6M3 | |||||
| Income tax | -$347.5K5 | $08 | $1.8M3 | -$2.8M3 | |||
| Net income | -$26.9M4 | -$32.7M5 | -$39.8M6 | -$47.9M7 | -$30.1M8 | -$31.3M3 | -$188.9M3 |
| Earnings per share | -$1.044 | -$0.715 | -$0.565 | -$0.168 | -$0.083 | -$0.323 | |
| Earnings per share (diluted) | -$0.168 | -$0.083 | -$0.323 | ||||
| Shares (weighted, basic) | 376.6B shares3 | 589.6B shares3 | |||||
| Shares (weighted, diluted) | 376.6B shares3 | 589.6B shares3 |
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash | $9.7M5 | $5.4M6 | $7.2M7 | $1.2M7 | $888.0K7 | $6.9M8 | $1.2M3 |
| Receivables | $4.0M3 | $313.0K3 | |||||
| Inventory | $6.2M3 | $1.9M3 | |||||
| Current assets | $13.1M4 | $18.2M5 | $11.5M6 | $9.4M7 | $37.6M8 | $25.3M3 | $4.6M3 |
| Property, plant and equipment | $23.2M3 | $13.0M3 | |||||
| Goodwill | $48.1M3 | $3.6M3 | |||||
| Intangible assets | $129.6M3 | $2.9M3 | |||||
| Total assets | $76.2M4 | $98.2M5 | $120.1M6 | $119.2M7 | $100.3M8 | $271.8M3 | $40.5M3 |
| Short-term debt | $45.5M3 | $29.7M3 | |||||
| Current liabilities | $22.7M4 | $14.8M5 | $6.9M6 | $27.6M7 | $26.4M8 | $87.7M3 | $59.1M3 |
| Long-term debt | $1.4M4 | $6.6M5 | $18.3M6 | $6.6M7 | $6.6M8 | $10.0M3 | $4.8M3 |
| Long-term liabilities | $37.6M8 | ||||||
| Total liabilities | $24.0M4 | $21.4M5 | $25.2M6 | $43.9M7 | $41.2M8 | $125.3M3 | $77.0M3 |
| Retained earnings | -$250.0M3 | -$440.0M3 | |||||
| Shareholders’ equity | $52.2M5 | $76.8M6 | $94.9M7 | $75.3M7 | $54.7M8 | $142.6M3 | -$36.5M3 |
| Shares outstanding | 36.9M shares4 | 61.8M shares5 | 81.8M shares6 | 118.0M shares7 | 194.2M shares8 | 498.5M shares3 | 679.5M shares3 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$10.6M4 | -$15.9M5 | -$19.9M6 | -$14.7M7 | -$14.8M8 | -$18.0M3 | -$7.8M3 |
| Depreciation and amortization | $6.1M3 | $11.2M3 | |||||
| Stock-based compensation | $4.1M3 | $4.9M3 | |||||
| Capital spending | $4.3M4 | $6.2M5 | -$11.4M6 | $1.6M7 | $1.5M7 | $4.0M3 | $1.9M3 |
| Free cash flow | -$14.9M | -$22.1M | -$31.3M | -$16.3M | -$16.3M | -$21.9M | -$9.8M |
| Cash from investing | $21.7M3 | $19.6M3 | |||||
| Share buybacks | $08 | $228.0K8 | |||||
| Cash from financing | $4.5M3 | -$17.3M3 |
Corporate structure
Unrivaled Brands, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Unrivaled Brands, Inc.
- Joseph Gerlach Filed SC 13G/A on Unrivaled Brands, Inc., latest Feb 14, 2023 (2 filings since Oct 5, 2021)
- Unrivaled Brands, Inc. Santa Ana, California
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Unrivaled Brands, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $19.9M3 Dec 31, 2022 | $28.6M3 Dec 31, 2021 | −30.3% |
| Accumulated depreciation | $6.9M3 Dec 31, 2022 | $5.4M3 Dec 31, 2021 | +27.8% |
| Property and equipment, net | $13.0M3 Dec 31, 2022 | $23.2M3 Dec 31, 2021 | −43.9% |
| Operating-lease assets (leased space) | $13.9M3 Dec 31, 2022 | $24.0M3 Dec 31, 2021 | −41.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.2M3 Dec 31, 2022 | $6.9M8 Dec 31, 2021 | −82.6% |
| Marketable securities, current | $08 Dec 31, 2021 | $34.0M8 Dec 31, 2020 | −100.0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $3.6M3 Dec 31, 2022 | $48.1M3 Dec 31, 2021 | −92.6% |
| Intangible assets, net (excluding goodwill) | $2.9M3 Dec 31, 2022 | $129.6M3 Dec 31, 2021 | −97.8% |
| Accumulated amortization | $22.6M3 Dec 31, 2022 | $15.0M3 Dec 31, 2021 | +50.7% |
| Finite-lived intangibles, net | $97.6M8 Dec 31, 2021 | $7.7M7 Dec 31, 2020 | +1165.1% |
Inventory
Leadership
Who has led Unrivaled Brands, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerMatthew Morgan Feb 19, 2020 to Oct 19, 202012
- Chief executive officerMichael Nahass Oct 14, 2020 to Oct 21, 202013
- Chief executive officerKnuettel Francis Ii. Dec 22, 2020 to Jul 12, 202114
- Chief executive officerDerek Peterson May 1, 2012 to Jun 21, 201915
- PresidentOren Schauble Aug 6, 2021 to Aug 6, 202116
- PresidentKnuettel Francis Ii. Dec 22, 2020 to Jul 12, 202114
- PresidentMichael Nahass Jul 10, 2018 to Apr 3, 202017
- PresidentDerek Peterson May 1, 2012 to Jul 24, 201515
- Chief financial officerPatty Chan Sep 21, 2022 to Sep 21, 202218
- Chief financial officerMegan Jimenez Apr 3, 2020 to Apr 3, 202019
- Chief financial officerJeffrey Robert Batliner Oct 20, 2020 to Jun 9, 202120
- Chief financial officerMichael C. James May 1, 2012 to Mar 20, 202021
- Chief operating officerUri Kenig Dec 23, 2020 to Jul 23, 202122
- Chief operating officerMichael Nahass Jan 4, 2018 to Oct 21, 202023
- Chief operating officerKen Vandevrede Jul 24, 2015 to Dec 13, 201724
Board members and other officers (21)
- Chief Strategy OfficerDerek Peterson Feb 19, 2020 to Mar 13, 202025
- Chief Agricultural OfficerKen Vandevrede Jan 18, 2018 to Jan 18, 201826
- TreasurerMichael Nahass Jan 12, 2016 to Dec 13, 201727
- Secretary and TreasurerAmy Almsteier May 1, 2012 to Apr 5, 201628
- Board memberTiffany N. Davis Apr 8, 2021 to Apr 8, 202129
- Board memberDallas Imbimbo Jul 12, 2021 to Sep 16, 202130
- Board memberEric Baum Jul 12, 2021 to Jul 7, 202231
- Board memberMatthew Morgan Feb 19, 2020 to Oct 19, 202012
- Board memberIra E. Ritter Dec 15, 2020 to Feb 3, 202132
- Board memberNicholas Kovacevich Dec 15, 2020 to Jul 7, 202233
- Board memberKnuettel Francis Ii. Dec 22, 2020 to Jul 12, 202114
- Board memberAlan David Gladstone Dec 5, 2017 to Dec 28, 202034
- Board memberKenneth Peter Krueger Jan 21, 2016 to Sep 6, 201735
- Board memberMichael C. James Jul 24, 2015 to Jun 22, 201736
- Board memberKen Vandevrede May 7, 2013 to Jan 18, 201837
- Board memberMike Vandevrede May 7, 2013 to May 31, 201738
- Board memberSteve Vandevrede May 7, 2013 to May 31, 201739
- Board memberAmy Almsteier May 1, 2012 to Aug 24, 201728
- Board memberDerek Peterson May 1, 2012 to Apr 3, 202015
- Board memberEdward Piatt May 1, 2012 to May 1, 201240
- Board memberMichael Nahass May 1, 2012 to Oct 21, 202041
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Executive Officer, DirectorFrancis Knuettel II named Nov 30, 202142
Former names
Timeline
- Jan 16, 20248-K Ended a material agreement; Completed an acquisition or sale; Change to shareholders' rights43
- Dec 6, 20238-K Shareholder vote; Regulation FD disclosure44
- Nov 16, 20238-K Other events45
- Nov 15, 20238-K Regulation FD disclosure; Other events46
- Nov 14, 20238-K Results of operations47
- Oct 24, 20238-K Regulation FD disclosure48
- Oct 16, 20238-K Entered a material agreement; Director nominations49
- Oct 10, 20238-K Entered a material agreement; Director nominations50
- Oct 5, 20238-K Regulation FD disclosure51
- Sep 26, 20238-K Regulation FD disclosure52
- Sep 12, 20238-K Regulation FD disclosure53
- Sep 11, 20238-K Regulation FD disclosure54
- Dec 22, 2020New chief executive Knuettel Francis Ii. becomes CEO14
- Oct 14, 2020New chief executive Michael Nahass becomes CEO13
- Feb 19, 2020New chief executive Matthew Morgan becomes CEO12
- May 1, 2012New chief executive Derek Peterson becomes CEO15
Calendar
When it reported results
- Nov 14, 2023Reported quarterly or annual results47
- Aug 15, 2023Reported quarterly or annual results55
- Jul 20, 2023Reported quarterly or annual results56
- May 11, 2023Reported quarterly or annual results57
- Apr 25, 2023Reported quarterly or annual results58
- Apr 10, 2023Reported quarterly or annual results59
- Mar 29, 2023Reported quarterly or annual results60
- Feb 21, 2023Reported quarterly or annual results61
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
86 filings to the SEC since October 2021: 2 annual reports, 7 quarterly reports, 53 major events, 7 insider forms, 2 large holders, 1 private raises, 14 other. The latest 20:
- Jan 16, 202415-12G EDGAR
- Jan 16, 20248-K EDGAR
- Dec 6, 20238-K EDGAR
- Nov 16, 2023DEFA14A DEFA 14A EDGAR
- Nov 16, 20238-K EDGAR
- Nov 15, 2023DEFA14A EDGAR
- Nov 15, 20238-K EDGAR
- Nov 14, 20238-K EDGAR
- Nov 14, 202310-Q EDGAR
- Oct 24, 2023DEFR14A EDGAR
- Oct 24, 20238-K EDGAR
- Oct 23, 2023DEFA14A DEFA 14A EDGAR
- Oct 23, 2023DEF 14A EDGAR
- Oct 16, 20238-K/A EDGAR
- Oct 10, 2023PREM14A EDGAR
- Oct 10, 20238-K EDGAR
- Oct 5, 20238-K EDGAR
- Sep 26, 20238-K EDGAR
- Sep 12, 20238-K EDGAR
- Sep 11, 20238-K EDGAR
The 86 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Joseph GerlachSC 13G/A, 2 filings Oct 5, 2021 to Feb 14, 202362
Money raised
Private offerings the company reported to the SEC on Form D.
- Nov 22, 2021Raised $2.5 million in a private offering of securities Form D: 1 investor so far Form D
SEC filer profile
How Unrivaled Brands, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUnrivaled Brands, Inc.1
- CIK0001451512
- Employer ID (EIN)26-30626611
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)5900 Retail-Miscellaneous Retail1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address3242 S. Halladay St., Suite 202, Santa Ana, CA 927051
- Phone888-909-55641
- Shares outstanding774,998,097 as of Nov 8, 202311
- Public float$40.9M as of Jun 30, 20223
- On EDGAR sinceDec 23, 20081
- Filings886 in all: 8-K (307), 4 (218), UPLOAD (43), 10-Q (41), CORRESP (30), 3 (23), 424B5 (22), 8-K/A (22)1
All 45 form types
S-1/A (22), 4/A (20), 10-K (13), EFFECT (11), 10-Q/A (10), 10-K/A (9), DEFA14A (9), SC 13D (9), D (7), NT 10-Q (7), DEF 14A (6), S-1 (6), POS AM (5), S-3 (4), S-3/A (4), S-8 (4), S-8 POS (4), 3/A (3), NT 10-K (3), 424B3 (2), DEF 14C (2), PRE 14A (2), PRE 14C (2), SC 13D/A (2), SC 13G (2), 15-12G (1), 424A (1), 425 (1), 8-A12G (1), AW (1), CT ORDER (1), DEFR14A (1), PREM14A (1), PRER14A (1), RW (1), S-3MEF (1), SC 13G/A (1)
- Latest filingsAnnual report (10-K) Apr 10, 2023
Quarterly report (10-Q) Nov 14, 2023
Proxy statement (DEF 14A) Oct 23, 2023
Latest 8-K (8-K) Jan 16, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGAROren Schauble, President
- 17SEC EDGARMichael Nahass, President
- 18SEC EDGARPatty Chan, Chief financial officer
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- 22SEC EDGARUri Kenig, Chief operating officer
- 23
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- 27SEC EDGARMichael Nahass, Treasurer
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- 29SEC EDGARTiffany N. Davis, Board member
- 30SEC EDGARDallas Imbimbo, Board member
- 31SEC EDGAREric Baum, Board member
- 32SEC EDGARIra E. Ritter, Board member
- 33SEC EDGARNicholas Kovacevich, Board member
- 34SEC EDGARAlan David Gladstone, Board member
- 35SEC EDGARKenneth Peter Krueger, Board member
- 36SEC EDGARMichael C. James, Board member
- 37SEC EDGARKen Vandevrede, Board member
- 38SEC EDGARMike Vandevrede, Board member
- 39SEC EDGARSteve Vandevrede, Board member
- 40SEC EDGAREdward Piatt, Board member
- 41SEC EDGARMichael Nahass, Board member
- 42
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- 45SEC EDGAROther events
- 46
- 47SEC EDGARResults of operations
- 48SEC EDGARRegulation FD disclosure
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- 51SEC EDGARRegulation FD disclosure
- 52SEC EDGARRegulation FD disclosure
- 53SEC EDGARRegulation FD disclosure
- 54SEC EDGARRegulation FD disclosure
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