Cannabis Sativa Inc (OTCMKTS: CBDS) has seen an explosive rise in recent weeks from lows under $2 per share to highs near $5 as cannabis stocks have heated up across the board. CBDS has transformed into a volume leader on the OTCBB.
CBDS operates in the red hot cannabis market responsible for many of the hottest stocks on the OTCBB. The sector continues to be red hot as legal marijuana sales are expected to grow to more than $20 billion by 2022, from approximately $10 billion in 2018, according to Marijuana Business Daily.
Cannabis Sativa Inc (OTCMKTS: CBDS) is engaged in the licensing of cannabis related intellectual property, marketing and branding for cannabis based products and services, operation of cannabis related technology services, and ancillary business activities. CBDS licenses the “hi” and “White Rabbit” brands, holds a U.S. patent on the Ecuadorian Sativa strain of Cannabis, owns patent pending and trade secret formulas and processes, offers the hi benefits discount pharmacy card, and operates subsidiaries including: PrestoDoctor, Wild Earth Naturals and iBudtender. In addition, CBDS seeks strategic partners for acquisition of operating companies, intellectual property and other assets which fit within the CBDS corporate vision.
In 2016 CBDS was awarded Patent PP27,475 for a Cannabis Plant named Ecuadorian Sativa and deemed “CTA”.Equadorian Sativa has been shown in laboratory testing by Steephill Labs to have a Limonene level that is extraordinarily high at a level of 4.53, 10 to 20 times the usual range. This sets Equadorian Sativa apart from other varieties in its odor, the effects on mood and mentation and its medical qualities.
Last year CBDS aqcuired PrestoCorp an online telemedicine platform providing access to knowledgeable physicians for a safe and confidential way to get a medical marijuana recommendation using secure video conferencing technology.
Appointments through PrestoDoctor’s website are generally completed in 10-15 minutes, and can be scheduled and completed in the same day. This convenience eliminates the need for patients to travel to an in-person appointment or wait in line at a clinic. More than 40,000 users have registered to consult with PrestoDoctor’s 15+ licensed physicians across the United States. PrestoDoctor currently offers services in California and Nevada, and is actively targeting expansion into multiple additional states in the coming months.
CBDS subsidiary Wild Earth Naturals was conceived by formulators with more than 20 years of proprietary product development, well proven formulations and R&D in the Natural Health Products business. Wild Earth Naturals’ goal is to formulate, develop, and manufacture efficacious natural and organic products containing hemp. We will strive to alleviate any misconceptions people may have created about hemp, which is included prominently in our product line as a legal ingredient.
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The Company has developed a number of products including Wild Earth Naturals CBD water which is formulated using what has been described as a “revolutionary” nano process that delivers ion-sized nutrients (the size that can move through cell membranes) encased with water molecules. The CBD source is pure and natural, and is provided exclusively by the 2015 CBD Concentrate award-winning Swiss company, Isodiol S.A. It is free of THC and therefore non-psychoactive. The high alkaline (9.5ph) half liter bottles contain one efficacious dose of cannabidiol as well as a balance of naturally occurring minerals – Potassium, Magnesium, Calcium, and electrolytes and is enhanced with d-Ribose, Methylcobalamin (methyl B12) and Coenzyme Q 10 (CoQ10)
Several years ago the Company said it has taken delivery of its initial order of 10,800 bottles of Wild Earth Naturals CBD water at the Company’s Mesquite, Nevada facility. The Wild Earth Naturals CBD Water is available now for sale on the Wild Earth Naturals website.
Last year CBDS acquired Ibudtender, 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.
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Currently trading at a $77 million market valuation CBDS has $122k in the treasury, $30k in crypto, small manageable debt and small but growing sales reporting $301,064 for the 6 months ended June, 30 1018 up from $3k for the same period last year. CBDS is an exciting story in small caps; the Company behind the “hi” and “White Rabbit” brands has a number of subsidiaries making big moves as the Company is focused on dominating the pot industry. CBDS has a long history of big moves rising to $18 a share n 2014 and $9 twice in 2017 and 2018; when MJ heats up CBDS is a good place to be. We will be updating on CBDS when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CBDS.
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Disclosure: we hold no position in CBDS either long or short and we have not been compensated for this article.