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

SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2018

	For the Three Months Ended June 30, 2018 (Unaudited)
	Herbs and Produce Products			Cannabis Dispensary, Cultivation and Production			Eliminations and Other			Total

Total Revenues	$	1,502,789		$	7,203,971		$	11,417		$	8,718,177
Cost of Goods Sold		958,694			5,551,060			-			6,509,754

Gross Profit		544,095			1,652,911			11,417			2,208,423

Selling, General and Administrative Expenses		994,906			2,823,524			4,183,940			8,002,370

Loss from Operations		(450,811	)		(1,170,613	)		(4,172,523	)		(5,793,947	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(417,363	)		(417,363	)
Loss on Extinguishment of Debt		-			-			(3,127,477	)		(3,127,477	)
Loss on Fair Market Valuation of Derivatives		-			-			(1,653,000	)		(1,653,000	)
Interest Expense		-			-			(331,379	)		(331,379	)

Total Other Income (Expense)		-			-			(5,529,219	)		(5,529,219	)

Net Loss	$	(450,811	)	$	(1,170,613	)	$	(9,701,742	)	$	(11,323,166	)

Total Assets at June 30, 2018	$	6,320,906		$	71,591,669		$	31,878,438		$	109,791,013

	For the Three Months Ended June 30, 2017 (Unaudited)
	Herbs and Produce Products			Cannabis Dispensary, Cultivation and Production			Eliminations and Other			Total

Total Revenues	$	1,777,067		$	6,049,319		$	16,487		$	7,842,873
Cost of Goods Sold		1,325,729			5,010,771			-			6,336,500

Gross Profit		451,338			1,038,548			16,487			1,506,373

Selling, General and Administrative Expenses		855,999			2,210,475			2,962,813			6,029,287
							.
Loss from Operations		(404,661	)		(1,171,927	)		(2,946,326	)		(4,522,914	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(515,654	)		(515,654	)
Loss on Extinguishment of Debt		-			-			(1,639,137	)		(1,639,137	)
Gain on Fair Market Valuation of Derivatives		-			-			987,200			987,200
Interest Expense		-			-			(130,510	)		(130,510	)
Loss on Fair Market Valuation of Contingent Consideration		-			(77,286	)		-			(77,286	)
Gain on Settlement of Contingent Consideration		-			4,991,571			-			4,991,571

Total Other Income (Expense)		-			4,914,285			(1,298,101	)		3,616,184

Net Income (Loss)	$	(404,661	)	$	3,742,358		$	(4,244,427	)	$	(906,730	)

Total Assets at June 30, 2017	$	7,104,469		$	60,224,138		$	9,550,062		$	76,878,669

	For the Six Months Ended June 30, 2018 (Unaudited)
	Herbs and Produce Products			Cannabis Dispensary, Cultivation and Production			Eliminations and Other			Total

Total Revenues	$	2,786,690		$	14,518,525		$	28,328		$	17,333,543
Cost of Goods Sold		2,221,811			11,255,869			-			13,477,680

Gross Profit		564,879			3,262,656			28,328			3,855,863

Selling, General and Administrative Expenses		1,937,273			6,827,231			7,660,414			16,424,918

Loss from Operations		(1,372,394	)		(3,564,575	)		(7,632,086	)		(12,569,055	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(885,680	)		(885,680	)
Loss on Extinguishment of Debt		-			-			(7,858,723	)		(7,858,723	)
Gain on Fair Market Valuation of Derivatives		-			-			628,000			628,000
Interest Expense		-			(397	)		(590,603	)		(591,000	)

Total Other Income (Expense)		-			(397	)		(8,707,006	)		(8,707,403	)

Net Loss	$	(1,372,394	)	$	(3,564,972	)	$	(16,339,092	)	$	(21,276,458	)

Total Assets at June 30, 2018	$	6,320,906		$	71,591,669		$	31,878,438		$	109,791,013

	For the Six Months Ended June 30, 2017 (Unaudited)
	Herbs and Produce Products			Cannabis Dispensary, Cultivation and Production			Eliminations and Other			Total

Total Revenues	$	2,694,210		$	11,936,357		$	36,762		$	14,667,329
Cost of Goods Sold		2,295,544			10,506,349			-			12,801,893

Gross Profit		398,666			1,430,008			36,762			1,865,436

Selling, General and Administrative Expenses		1,515,062			4,837,480			6,063,045			12,415,587
							.
Loss from Operations		(1,116,396	)		(3,407,472	)		(6,026,283	)		(10,550,151	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(1,126,270	)		(1,126,270	)
Loss on Extinguishment of Debt		-			-			(2,678,595	)		(2,678,595	)
Gain on Fair Market Valuation of Derivatives		-			-			2,597,950			2,597,950
Interest Expense		-			-			(288,343	)		(288,343	)
Loss on Fair Market Valuation of Contingent Consideration		-			(4,426,047	)		-			(4,426,047	)
Gain on Settlement of Contingent Consideration		-			4,991,571			-			4,991,571

Total Other Income (Expense)		-			565,524			(1,495,258	)		(929,734	)

Net Loss	$	(1,116,396	)	$	(2,841,948	)	$	(7,521,541	)	$	(11,479,885	)

Total Assets at June 30, 2017	$	7,104,469		$	60,224,138		$	9,550,062		$	76,878,669