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

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Sabas Carrillo
Stock symbol: BLMH
Transactions as of: Jan 12, 2024
Transactions value $: $0
Form type: 3
Date filed: 1/22/2024, 05:25 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BLMH	Common Stock						1.12M	Jan 12, 2024	By Adnant LLC	F1

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							Jan 12, 2024	Common Stock	357K	$0.00	By Adnant LLC	F1, F2
holding	BLMH	Warrants							Jan 12, 2024	Common Stock	179K	$2.80	By Adnant LLC	F1

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

Explanation of Responses:

Id	Content
F1	All securities reported herein are held by Adnant LLC of which Reporting Person is the sole member.
F2	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.