Blüm Holdings Inc. Registration of securities issued in business combination transactions

Registration of securities issued in business combination transactions

INVENTORY

INVENTORY

6 Months Ended

12 Months Ended

Jun. 30, 2023

Dec. 31, 2022

INVENTORY

INVENTORY

NOTE 4 - INVENTORY

Raw materials consist of materials and packaging for manufacturing of products owned by the Company. Work-in-progress consists of cultivation materials and live plants. Finished goods consists of cannabis products sold in retail and distribution. Inventory as of June 30, 2023 and December 31, 2022 consisted of the following:

	(in thousands)
	June 30, 2023		December 31, 2022

Raw Materials	$	674	$	524
Work-In-Progress		649		284
Finished Goods		1,629		1,131
Total Inventory	$	2,952	$	1,939

NOTE 4 – INVENTORY

Raw materials consist of materials and packaging for manufacturing of products owned by the Company. Work-in-progress consists of cultivation materials and live plants grown at Black Oak Gallery and Hegenberger. Finished goods consists of cannabis products sold in retail and distribution. Inventory as of December 31, 2022 and 2021 consisted of the following:

	(in thousands)
	December 31, 2022		December 31, 2021

Raw Materials	$	524	$	2,258
Work-In-Progress		284		1,077
Finished Goods		1,131		2,845
Total Inventory	$	1,939	$	6,180