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

SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2018

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

Total Revenues	$	1,183,471		$	5,842,131		$	57,623		$	7,083,225
Cost of Goods Sold		782,686			4,776,834			-			5,559,520

Gross Profit		400,785			1,065,297			57,623			1,523,705

Selling, General and Administrative Expenses		1,156,272			2,829,382			5,419,291			9,404,945

Loss from Operations		(755,487	)		(1,764,085	)		(5,361,668	)		(7,881,240	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(498,961	)		(498,961	)
Loss on Extinguishment of Debt		-			-			(4,257,029	)		(4,257,029	)
Loss on Fair Market Valuation of Derivatives		-			-			(103,600	)		(103,600	)
Share of Loss in Joint Venture		-			(439,354	)		-			(439,354	)
Interest Income (Expense)		-			-			(425,160	)		(425,160	)

Total Other Income (Expense)		-			(439,354	)		(5,284,750	)		(5,724,104	)

Net Loss	$	(755,487	)	$	(2,203,439	)	$	(10,646,418	)	$	(13,605,344	)

Total Assets at September 30, 2018	$	6,152,630		$	71,160,430		$	37,331,597		$	114,644,657

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

Total Revenues	$	1,432,500		$	8,673,560		$	15,315		$	10,121,375
Cost of Goods Sold		1,192,251			6,594,186			-			7,786,437

Gross Profit		240,249			2,079,374			15,315			2,334,938

Selling, General and Administrative Expenses		874,141			2,822,488			2,541,481			6,238,110
							.
Loss from Operations		(633,892	)		(743,114	)		(2,526,166	)		(3,903,172	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(490,068	)		(490,068	)
Loss on Extinguishment of Debt		-			-			(1,373,538	)		(1,373,538	)
Impairment of Property		-			-			(138,037	)		(138,037	)
Loss on Fair Market Valuation of Derivatives		-			-			(1,475,900	)		(1,475,900	)
Interest Income (Expense)		-			51			(119,701	)		(119,650	)

Total Other Income (Expense)		-			51			(3,597,244	)		(3,597,193	)

Net Loss	$	(633,892	)	$	(743,063	)	$	(6,123,410	)	$	(7,500,365	)

Total Assets at September 30, 2017	$	6,914,892		$	68,290,922		$	12,151,701		$	87,357,515

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

Total Revenues	$	3,970,161		$	20,360,656		$	85,951		$	24,416,768
Cost of Goods Sold		3,004,497			16,032,703			-			19,037,200

Gross Profit		965,664			4,327,953			85,951			5,379,568

Selling, General and Administrative Expenses		3,093,545			9,656,613			13,079,705			25,829,863

Loss from Operations		(2,127,881	)		(5,328,660	)		(12,993,754	)		(20,450,295	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(1,384,641	)		(1,384,641	)
Loss on Extinguishment of Debt		-			-			(12,115,752	)		(12,115,752	)
Gain on Fair Market Valuation of Derivatives		-			-			524,400			524,400
Share of Loss in Joint Venture		-			(439,354	)		-			(439,354	)
Interest Expense		-			(396	)		(1,015,764	)		(1,016,160	)

Total Other Income (Expense)		-			(439,750	)		(13,991,757	)		(14,431,507	)

Net Loss	$	(2,127,881	)	$	(5,768,410	)	$	(26,985,511	)	$	(34,881,802	)

Total Assets at September 30, 2018	$	6,152,630		$	71,160,430		$	37,331,597		$	114,644,657

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

Total Revenues	$	4,126,710		$	20,609,917		$	52,077		$	24,788,704
Cost of Goods Sold		3,487,795			17,100,535			-			20,588,330

Gross Profit		638,915			3,509,382			52,077			4,200,374

Selling, General and Administrative Expenses		2,389,203			7,659,968			8,604,526			18,653,697
							.
Loss from Operations		(1,750,288	)		(4,150,586	)		(8,552,449	)		(14,453,323	)

Other Income (Expense):
Amortization of Debt Discount		-			-			(1,616,338	)		(1,616,338	)
Loss on Extinguishment of Debt		-			-			(4,052,133	)		(4,052,133	)
Impairment of Property		-			-			(138,037	)		(138,037	)
Gain on Fair Market Valuation of Derivatives		-			-			1,122,050			1,122,050
Interest Income (Expense)		-			51			(408,044	)		(407,993	)
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)		-			565,575			(5,092,502	)		(4,526,927	)

Net Loss	$	(1,750,288	)	$	(3,585,011	)	$	(13,644,951	)	$	(18,980,250	)

Total Assets at September 30, 2017	$	6,914,892		$	68,290,922		$	12,151,701		$	87,357,515