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

INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Jun. 30, 2020

	(in thousands)
	June 30,			December 31,
	2020			2019
Amortizing Intangible Assets:
Customer relationships	$	8,708		$	7,860
Trademarks and patent		196			196
Dispensary licenses		10,270			10,270
Trade name		276			-

Gross carrying amount		19,450			18,326

Accumulated Amortization		(10,307	)		(8,525	)

Total intangible assets, net		9,143			9,801

Indefinite-lived intangible assets:
Trade Name		2,590			5,070

Total Indefinite-Lived Intangible Assets		2,590			5,070

Total Intangible Assets, Net	$	11,733		$	14,871

	Reportable Segment (in thousands)
	Cannabis			Corporate/OneQor			Total
Balance at December 31, 2019	$	21,471		$	-		$	21,471
Acquisition of OneQor					6,763			6,763
Impairment		(6,950	)		(4,060	)		(11,010	)
Balance at June 30, 2020	$	14,521		$	2,703		$	17,224