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

WARRANTS (Tables)

9 Months Ended

Sep. 30, 2014

The Company has the following shares of common stock reserved for the warrants outstanding as of September 30, 2014:

	September 30, 2014
	Shares			Weighted Average Exercise Price
Warrants outstanding beginning of year		19,550,817		$	0.17
Warrants exercised		(9,367,287	)		0.19
Warrants granted		11,491,227			0.30
Warrants expired		-			-

Warrants outstanding end of period		21,674,757		$	0.23

The weighted exercise price and weighted fair value of the warrants granted by the Company as of September 30, 2014, are as follows:

	September 30, 2014
	Weighted Average Exercise Price		Weighted Average Fair Value

Weighted average of warrants granted during the three months whose exercise price exceeded fair market value at the date of grant	$	0.30	$	0.45

Weighted average of warrants granted during the nine months whose exercise price was equal or lower than fair market value at the date of grant	$	-	$	-

The following table summarizes information about fixed-price warrants outstanding:

Range of Exercise Prices		Number Outstanding at September 30, 2014		Average Remaining Contractual Life		Weighted Average Exercise Price
$	0.33		5,540,400		10 Months	$	0.33
$	0.46		600,000		10 Months	$	0.46
$	0.46		150,000		4 Months	$	0.46
$	0.85		40,000		7 Months	$	0.85
$	0.40		333,333		11 Months	$	0.40
$	0.33		439,637		14 Months	$	0.33
$	0.16		750,000		18 Months	$	0.16
$	0.06		7,067,002		48 Months	$	0.06
$	0.30		964,912		44 Months	$	0.30
$	0.30		964,912		45 Months	$	0.30
$	0.30		4,824,561		46 Months	$	0.30
			21,674,757