This is a loungefly Cherry blossom release pin.
At the centre of the pin, we see Dumbo wearing a yellow hat.
There are a bunch of cherry blossom flowers in front of him. He is smiling while looking at them.
The rear of the pin is gold with Loungefly crowns. Written on the reverse of the pin is “ ©Disney Made in China”. There are two nubs and one post on the reverse of the pin.