A Closer Look at Cannabis Sativa Inc (OTCMKTS:CBDS)


Cannabis Sativa Inc (OTCMKTS:CBDS) lost 100% in overall value over the last 6 weeks trading from $6.20 to $3.20 culminating a very tough May for shareholders, and in total 2017 has been a disappointing year. CBDS started out in January like many cannabis stocks with a nice rally and have been in decline mode since. This is not just Cannabis Sativa shares, but nearly every stock in the sector has been under pressure. CBDS has some recent press and it is worth reviewing some of the acquisitions as shares seem to be finding a bottom after the May sell off.

They entered into an agreement to acquire a 49% ownership interest in a 9-acre property in Los Angeles County, California. The ownership group plans to lease the property to an industrial hemp farm operator who will conduct farming activities under the Industrial Hemp provisions of California’s Adult Use Marijuana Act (Prop 64). The Company’s President David Tobias stated, “We are excited to play a role in what we anticipate will be one of California’s first hemp farms under Prop 64.” The farm will produce organic industrial hemp derived products. It is anticipated that the farm will fill part of the Company’s demand for industrial hemp based products, with California grown organic industrial hemp. Farming activities are expected to commence in January of 2017.

Cannabis Sativa Inc (OTCMKTS:CBDS) announced in August 2016 that the Financial Industry Regulatory Authority, Inc. (FINRA) denied the CBDS application for a 1.5 share dividend for each share of common stock outstanding, record date November 16, 2015, as previously approved by the company. The Company’s President David Tobias stated, “We are disappointed in FINRA’s decision to deny this dividend. We are also disappointed that our shareholders had to experience this delay and ultimate denial from FINRA”.

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Later in August, CBDS entered into a Stock Purchase Agreement with iBudtender, Inc., a Colorado corporation to acquire 5,010,000 of the common shares of iBudtender, constituting a 50.1% ownership interest in iBudtender, in exchange for $50,000 in cash and 150,000 shares of Cannabis Sativa common stock. Cannabis Sativa has also agreed to contribute $105,000 to the working capital of iBudtender.

iBudtender has developed the first truly smart cannabis web app tailored as a virtual budtender for patients, as well as a B2B & B2 app for dispensaries and cannabis businesses. iBudtender’s preferential user and medical data makes it simple for patients, dispensaries, and consumers to locate cannabis, hemp and ancillary products while mitigating concerns regarding safety and effectiveness.

iBudtender also provides clients with the software and analytical data to help promote and grow their brands and sales by providing a tailored experience for each user that makes them the forefront of the software. Every aspect is complimented with inline user data, likes and recommendations. By creating a personalized patient/recreational user experience, iBudtender provides a one-of- a-kind engagement level including news, events, strain and product recommendations, all based on a social media platform.

Cannabis Sativa also entered into a license agreement for the manufacture, marketing and sale of the Company’s White Rabbit products in the State of California. The Company anticipates adding products to its California licensing agreement in the coming months. Moreover, they are seeking to engage additional licensees in states where medical cannabis is legal.

They announced that it closed its acquisition of the White Rabbit brand of cannabis sprays and cannabis mints. The acquisition includes the exclusive and proprietary product formulations, product mixes, manufacturing methods and branding. The White Rabbit product line currently consists of fast acting low dose cannabis oral sprays and popular low dose cannabis mints. Both the spray and the mints are formulated as CBD only, THC only and CBD/THC blends. Dosage ranges include 2.5mg, 5mg and 10mg tablets and sprays with 1:1 and 20:1 variations of each.

CBDS’s President David Tobias stated, “We are pleased with the White Rabbit product and are excited about the relationship being developed in the California market.”

Cannabis Sativa. Inc. (OTCMKTS:CBDS) looks to be holding the $3.80 after the bounce from the lows.  With the recent acquisitions and integration required we will be watching the share price to see if they are able to hold these lows. This is a medium sized company (not tiny) in the universe of stocks we cover at $73.45 million market cap. CBDS has a tight grip on the outstanding shares with 19.35 million out. With that tight scope, it is worth watching how these shares bounce from the recent low. We will be reporting on this as news becomes available from management. For continuing coverage on shares of Cannabis Sativa Inc stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!


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