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

INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2017

			September 30, 2017							December 31, 2016
	Estimated Useful Life in Years		Gross Carrying Amount		Accumulated Amortization			Net Carrying Value		Gross Carrying Amount		Accumulated Amortization			Net Carrying Value

Amortizing Intangible Assets:
Customer Relationships	5 to 12		$	8,960,700	$	(1,437,312	)	$	7,523,388	$	8,960,700	$	(780,960	)	$	8,179,740
Trade Brands and Patent	2 to 8			498,598		(173,106	)		325,492		498,598		(91,061	)		407,537
Dispensary Licenses		14		10,270,000		(1,100,358	)		9,169,642		10,270,000		(550,179	)		9,719,821
Management Service Agreement		15		6,621,580		-			6,621,580		-		-			-

Total Amortizing Intangible Assets				26,350,878		(2,710,776	)		23,640,102		19,729,298		(1,422,200	)		18,307,098

Non-Amortizing Intangible Assets:
Trade Name		Indefinite		5,320,000		-			5,320,000		5,320,000		-			5,320,000

Total Non-Amortizing Intangible Assets				5,320,000		-			5,320,000		5,320,000		-			5,320,000

Total Intangible Assets, Net			$	31,670,878	$	(2,710,776	)	$	28,960,102	$	25,049,298	$	(1,422,200	)	$	23,627,098

Three months ending

Year Ending December 31,

December 31, 2017

2018

2019

2020

2021

2022 and

thereafter

Total

Amortization expense

539,614

1,783,635

1,769,913

1,731,568

16,045,459

23,640,102