Patty Chan - 12 Jan 2024 Form 3 Insider Report for BLUM HOLDINGS, INC. (BLMH)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	BLMH	Series V Preferred Stock							12 Jan 2024	Common Stock	71,429	$0.000000	Direct	F1
holding	BLMH	Warrants							12 Jan 2024	Common Stock	35,714	$2.80	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each share of Series V Preferred Stock is convertible at the option of the holder into ten (10) shares of Common Stock at any time from and after the first anniversary of the issuance date. Each share of Series V Preferred Stock automatically converts into ten (10) fully paid and non-assessable shares of Common Stock on the second anniversary of the issuance date.