Blüm Holdings Inc. Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2016

	3 Months Ended June 30, 2016
	Hydroponic			Cannabis			Eliminations
	Produce			Products			and Other			Total

Total Revenues	$	5,873,418		$	3,768,977		$	57,514		$	9,699,909
Cost of Goods Sold		5,414,082			2,596,035			39,848			8,049,965
		459,336			1,172,942			17,666			1,649,944
Selling, general and administrative expenses		859,375			1,649,452			2,958,494			5,467,321
Loss from operations		(400,039	)		(476,510	)		(2,940,828	)		(3,817,377	)

Other Income (Expenses)
Amortization of debt discount		-			-			(218,126	)		(218,126	)
Loss on extinguishment of debt		-			-			-			-
Loss from derivatives issuance		-			-			(488,000	)		(488,000	)
Gain (Loss) on fair market valuation of derivatives		-			-			(206,000	)		(206,000	)
Interest Income (Expense)		-			250			(60,815	)		(60,565	)
Total Other Income (Expense)		-			250			(972,941	)		(972,691	)
Loss before Provision of Income Taxes	$	(400,039	)	$	(476,260	)	$	(3,913,769	)	$	(4,790,068	)

	3 Months Ended June 30, 2015
	Hydroponic			Cannabis			Eliminations
	Produce			Products			and Other			Total

Total Revenues	$	4,776,654		$	127,747		$	119,889		$	5,024,290
Cost of Goods Sold		4,607,961			32,616			121,099			4,761,676
		168,693			95,131			(1,210	)		262,614
Selling, general and administrative expenses		462,734			329,845			2,569,267			3,361,846
Loss from operations		(294,041	)		(234,714	)		(2,570,477	)		(3,099,232	)

Other Income (Expenses)
Amortization of debt discount		-			-			(224,729	)		(224,729	)
Loss from derivatives issued with debt greater than debt carrying value		-			-			(337,000	)		(337,000	)
Gain (Loss) on fair market valuation of derivatives		-			-			999,000			999,000
Interest Income (Expense)		-			-			(129,701	)		(129,701	)
Total Other Income (Expense)		-			-			307,570			307,570
Loss before Provision of Income Taxes	$	(294,041	)	$	(234,714	)	$	(2,262,907	)	$	(2,791,662	)

	6 Months Ended June 30, 2016
	Hydroponic			Cannabis			Eliminations
	Produce			Products			and Other			Total

Total Revenues	$	7,274,861		$	3,899,180		$	74,035		$	11,248,076
Cost of Goods Sold		6,615,014			2,809,296			39,848			9,464,158
		659,847			1,089,884			34,187			1,783,918
Selling, general and administrative expenses		1,378,027			1,851,588			4,284,054			7,513,669
Loss from operations		(718,180	)		(761,704	)		(4,249,867	)		(5,729,751	)

Other Income (Expenses)
Amortization of debt discount		-			-			(312,532	)		(312,532	)
Loss on extinguishment of debt		-			-			(920,797	)		(920,797	)
Loss from derivatives issuance		-			-			(488,000	)		(488,000	)
Gain (Loss) on fair market valuation of derivatives		-			-			(1,366,700	)		(1,366,700	)
Interest Income (Expense)		-			250			(116,810	)		(116,560	)
Total Other Income (Expense)		-			250			(3,204,839	)		(3,204,589	)
Loss before Provision of Income Taxes	$	(718,180	)	$	(761,454	)	$	(7,454,706	)	$	(8,934,340	)

Total assets at June 30, 2016	$	6,834,863		$	57,142,755		$	2,784,814		$	66,762,432

	6 Months Ended June 30, 2015
	Hydroponic			Cannabis			Eliminations
	Produce			Products			and Other			Total

Total Revenues	$	5,235,427		$	431,772		$	120,444		$	5,787,643
Cost of Goods Sold		4,896,054			279,161			121,099			5,296,314
		339,373			152,611			(655	)		491,329
Selling, general and administrative expenses		932,799			556,134			4,204,198			5,693,131
Loss from operations		(593,426	)		(403,523	)		(4,204,853	)		(5,201,802	)

Other Income (Expenses)
Amortization of debt discount		-			-			(265,855	)		(265,855	)
Loss from derivatives issued with debt greater than debt carrying value		-			-			(561,000	)		(561,000	)
Gain (Loss) on fair market valuation of derivatives		-			-			1,407,200			1,407,200
Interest Income (Expense)		-			-			(318,230	)		(318,230	)
Total Other Income (Expense)		-			-			262,115			262,115
Loss before Provision of Income Taxes	$	(593,426	)	$	(403,523	)	$	(3,942,738	)	$	(4,939,687	)

Total assets at June 30, 2015	$	5,658,584		$	761,330		$	2,473,138		$	8,893,052