Cannabis Sativa (CBDS) 10-Q 12 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 05, 2020
Text Block [Abstract]
Registrant Name	Cannabis Sativa, Inc.
Registrant CIK	0001360442
SEC Form	10-Q
Period End date	Jun. 30, 2020
Fiscal Year End	--12-31
Number of common stock shares outstanding		25,319,538
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Interactive Data Current	Yes
Current with reporting	Yes
Amendment Flag	false
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Entity File Number	000-53571
Entity Incorporation, State Country Code	NV
Entity Address, Address Line One	450 Hillside Dr. #A224
Entity Address, City or Town	Mesquite
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89024
City Area Code	702
Local Phone Number	762-3123

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Cash	$ 459,889	$ 336,107
Accounts receivable, net	4,701	4,551
Prepaid consulting and other current assets	12,669	3,999
Advance for acquisition	0	50,000
Inventories	64,605	0
Total Current Assets	541,864	394,657
Other Assets
Investment in equity security, at fair value	78,000	48,000
Property and Equipment, Net	226,091	6,440
Intangible Assets, Net	592,582	695,218
Deposits and other assets	51,519	0
Right to use asset	61,367	0
Goodwill	1,837,202	1,837,202
Total Other Assets	2,846,761	2,586,860
Total Assets	3,388,625	2,981,517
Current Liabilities:
Accounts payable	117,179	73,579
Accrued interest - related parties	114,621	87,979
Due to Related Parties	1,126,262	1,018,520
Operating lease liability - current	29,191	0
Total Current Liabilities	1,387,253	1,180,078
Long-Term Liabilities
Operating lease liability - long-term	32,176	0
Stock payable	0	640,685
Total Long-Term Liabilities	32,176	640,685
Total Liabilities	1,419,429	1,820,763
Commitments and contingencies (Notes 6 and 7)
Stockholders' Equity:
Preferred stock $0.001 par value; 5,000,000 shares authorized; 1,073,543 and 1,021,849 issued and outstanding, respectively	1,073	1,021
Common stock $0.001 par value; 45,000,000 shares authorized; 25,319,538 and 22,224,199 shares issued and outstanding, respectively	25,321	22,226
Additional Paid-In Capital	76,664,109	74,834,032
Accumulated Deficit	(75,961,660)	(74,855,147)
Total Cannabis Sativa, Inc. Stockholders' Equity	728,843	2,132
Non-Controlling Interest	1,240,353	1,158,622
Total Stockholders' Equity	1,969,196	1,160,754
Total Liabilities and Stockholders' Equity	$ 3,388,625	$ 2,981,517

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2020	Dec. 31, 2019
Text Block [Abstract]
Preferred Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Preferred Stock, Shares Issued	1,073,543	1,021,849
Preferred Stock, Shares Outstanding	1,073,543	1,021,849
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares Authorized	45,000,000	45,000,000
Common Stock, Shares, Issued	25,319,538	22,224,199
Common Stock, Shares, Outstanding	25,319,538	22,224,199

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Text Block [Abstract]
Revenues	$ 721,095	$ 151,063	$ 1,214,235	$ 251,345
Cost of Revenues	282,283	69,588	469,618	115,197
Gross Profit	438,812	81,475	744,617	136,148
Operating Expenses
Professional Fees	210,176	42,680	489,262	296,768
Depreciation and amortization	53,016	140,399	104,651	280,917
Wages and salaries	163,894	92,342	348,803	124,976
Advertising	125,392	28,335	212,480	61,488
General and Administrative Expenses	344,680	316,520	720,542	648,615
Total Operating Expenses	897,158	620,276	1,875,738	1,412,764
Loss from Operations	(458,346)	(538,801)	(1,131,121)	(1,276,616)
Other (Income) and Expenses
Unrealized Gain on Investment	(11,000)	0	(30,000)	0
Interest expense	14,834	13,137	28,386	23,980
Total Other (Income) and Expense, Net	3,834	13,137	(1,614)	23,980
Loss Before Income Taxes	(462,180)	(551,938)	(1,129,507)	(1,300,596)
Income Taxes	0	0	0	0
Net Loss for the Period	(462,180)	(551,938)	(1,129,507)	(1,300,596)
Net loss attributable to non-controlling interest - GK Manufacturing	(73,047)	0	(127,400)	0
Net loss attributable to non-controlling interest - iBudTender	(970)	(12,861)	(1,939)	(25,296)
Net income (loss) attributable to non-controlling interest - PrestoCorp	101,943	(28,119)	106,345	(41,583)
Net Loss for the Period Attributable To Cannabis Sativa, Inc.	$ (490,106)	$ (510,958)	$ (1,106,513)	$ (1,233,717)
Net Loss for the Period per Common Share:
Basic & Diluted	$ (0.02)	$ (0.02)	$ (0.05)	$ (0.06)
Weighted Average Common Shares Outstanding:
Basic & Diluted	24,738,613	21,454,193	24,323,148	21,446,268

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)	Preferred Stock [Member]	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Noncontrolling Interest - Prestocorp	Noncontrolling Interest - iBudTender	Non-controlling Interest - GK Manufacturing	Total
Stockholders' Equity, Beginning Balance at Dec. 31, 2018	$ 759	$ 21,318	$ 72,971,563	$ (70,918,761)	$ 1,105,495	$ 123,454		$ 3,303,828
Shares, Outstanding, Beginning Balance at Dec. 31, 2018	759,444	21,316,201
Cancellation and retirement of shares, Value		$ (70)	70
Cancellation of performance based shares, Shares		(70,000)
Shares Issued for Services, Value	$ 41	$ 141	493,414					493,596
Shares Issued for Services, Shares	40,946	140,842
Shares issued for stock payable, Value	$ 39	$ 127	454,130					454,296
Shares issued for stock payable, ,Shares	39,391	127,061
Net income (loss) for the period				(1,233,717)	(41,583)	(25,296)		(1,300,596)
Stockholders' Equity, Ending Balance at Jun. 30, 2019	$ 839	$ 21,516	73,919,177	(72,152,478)	1,063,912	98,158		2,951,124
Shares, Outstanding, Ending Balance at Jun. 30, 2019	839,781	21,514,104
Stockholders' Equity, Beginning Balance at Mar. 31, 2019	$ 799	$ 21,410	73,541,728	(71,641,520)	1,092,030	111,020		3,125,467
Shares, Outstanding, Beginning Balance at Mar. 31, 2019	798,835	21,408,262
Shares Issued for Services, Value	$ 40	$ 106	377,449					377,595
Shares Issued for Services, Shares	40,946	105,842
Net income (loss) for the period				(510,958)	(28,118)	(12,862)		(551,938)
Stockholders' Equity, Ending Balance at Jun. 30, 2019	$ 839	$ 21,516	73,919,177	(72,152,478)	1,063,912	98,158		2,951,124
Shares, Outstanding, Ending Balance at Jun. 30, 2019	839,781	21,514,104
Stockholders' Equity, Beginning Balance at Dec. 31, 2019	$ 1,021	$ 22,226	74,834,032	(74,855,147)	1,107,480	51,142		1,160,754
Shares, Outstanding, Beginning Balance at Dec. 31, 2019	1,021,849	22,224,199
Conversion of Preferred to Common, value	$ (340)	$ 340
Conversion of Preferred to Common, shares	(340,172)	340,172
Purchase of GK Manufacturing assets, value		$ 100	108,900				104,725	213,725
Purchase ofGK Manufacturing assets, shares		100,000
Shares Issued for Services, Value	$ 169	$ 1,692	1,081,678					1,083,539
Shares Issued for Services, Shares	168,652	1,691,929
Shares issued for stock payable, Value	$ 223	$ 963	639,499					640,685
Shares issued for stock payable, ,Shares	223,214	963,238
Net income (loss) for the period				(1,106,513)	106,345	(1,939)	(127,400)	(1,129,507)
Stockholders' Equity, Ending Balance at Jun. 30, 2020	$ 1,073	$ 25,321	76,664,109	(75,961,660)	1,213,825	49,203	(22,675)	1,969,196
Shares, Outstanding, Ending Balance at Jun. 30, 2020	1,073,543	25,319,538
Stockholders' Equity, Beginning Balance at Mar. 31, 2020	$ 1,254	$ 24,342	76,173,444	(75,471,554)	1,111,882	50,173	50,372	1,939,913
Shares, Outstanding, Beginning Balance at Mar. 31, 2020	1,254,012	24,341,154
Conversion of Preferred to Common, value	$ (260)	$ 260
Conversion of Preferred to Common, shares	(259,835)	259,835
Shares Issued for Services, Value	$ 79	$ 719	490,665					491,463
Shares Issued for Services, Shares	79,366	718,549
Net income (loss) for the period				(490,106)	101,943	(970)	(73,047)	(462,180)
Stockholders' Equity, Ending Balance at Jun. 30, 2020	$ 1,073	$ 25,321	$ 76,664,109	$ (75,961,660)	$ 1,213,825	$ 49,203	$ (22,675)	$ 1,969,196
Shares, Outstanding, Ending Balance at Jun. 30, 2020	1,073,543	25,319,538

CONDENSED CONSOLIDATED STATEME

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss for the period	$ (1,129,507)	$ (1,300,596)
Adjustments to reconcile net loss to net cash used in operating activities:
Bad Debts	0	1,509
Unrealized loss on investment	(30,000)	0
Depreciation and Amortization	104,651	280,917
Stock issued and to be issued for services	1,083,539	912,476
Write off of prior year stock payable	0	(77,850)
Changes in assets and liabilities:
Accounts Receivable	(150)	1,434
Inventories	(16,618)	5,714
Prepaid consulting and other current assets	(8,670)	2,478
Deposits and other assets	(50,269)	0
Accounts payable and accrued expenses	43,600	35,860
Accrued interest -related parties	26,642	0
Net Cash Provided by (Used in) Operating Activities:	23,218	(138,058)
Cash Flows from Investing Activities:
Purchase of fixed assets	(57,178)	0
Advance to GK settled with asset acquisiton	50,000	0
Net Cash Provided by Financing Activities:	(7,178)	0
Cash Flows from Financing Activities:
Proceeds from related parties	107,742	45,945
Net Cash Provided by Financing Activities:	107,742	45,945
NET CHANGE IN CASH	123,782	(92,113)
CASH AT BEGINNING OF YEAR	336,107	151,946
CASH AT END OF YEAR	459,889	59,833
Noncash investing and financing activities:
Net asset acquisition acquired with shares of common stock	213,725
Common stock issued from stock payable	640,685	454,296
Operating lease liablility from acquiring right to use asset	$ 61,367

1. Organization and Summary of

1. Organization and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
1. Organization and Summary of Significant Accounting Policies	1. Organization and Summary of Significant Accounting Policies Nature of Business: Cannabis Sativa, Inc. (the “Company,” “us”, “we” or “our”) was incorporated as Ultra Sun Corp. under the laws of Nevada in November 2004. On November 13, 2013, we changed our name to Cannabis Sativa, Inc. We operate through several subsidiaries including PrestoCorp, Inc. (“PrestoCorp”), iBudtender, Inc. (“iBudtender”), Wild Earth Naturals, Inc. (“Wild Earth”), Kubby Patent and Licenses Limited Liability Company, (“KPAL”), Hi Brands, International, Inc. (“Hi Brands”), GK Manufacturing and Packaging, Inc. (“GKMP”), and Eden Holdings LLC (“Eden”). PrestoCorp and GK Manufacturing are both 51% owned subsidiaries and iBudtender is a 50.1% owned subsidiary. Wild Earth, KPAL, Hi Brands, and Eden are wholly owned subsidiaries. Currently, PrestoCorp, GKMP and iBudtender are operating subsidiaries, although iBudtender is not currently generating any revenue. The Company is reviewing opportunities for business development relating to Wild Earth, KPAL, and Hi Brands. Eden is not operating and had no activity for the six months ended June 30, 2020 and 2019. Our primary operations in the six months ended June 30, 2020 were through PrestoCorp, which provides telemedicine online referral services for customers desiring medical marijuana cards in states where medical marijuana has been legalized. GKMP commenced operations during the second quarter of 2020. The Company is also actively seeking new business opportunities for acquisition and is continually reviewing opportunities for product and brand development through our Wild Earth, Hi Brands, and KPAL subsidiaries. iBudtender is also working to complete and commercialize an application (the iBudtender App) that will provide a convenient means for sharing information about cannabis products, patients and businesses. Basis of Presentation: The fiscal year end is December 31. The accompanying condensed consolidated balance sheets as of June 30, 2020 and December 31, 2019, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of the Company’s management all material adjustments (consisting only of normal recurring adjustments) which are considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results of operations expected for the year ending December 31, 2020. The interim financial statements should be read in conjunction with the audited financial statements and related footnotes set forth in our annual report filed on Form 10-K for the year ended December 31, 2019 as filed with the United States Securities and Exchange Commission on May 14, 2020. Principles of Consolidation: The condensed consolidated financial statements include the accounts of Cannabis Sativa, Inc. (the “Company” or “CBDS”), and its wholly-owned subsidiaries; Wild Earth Naturals, Inc., Hi-Brands International, Inc., Eden Holdings LLC, our 50.1% ownership of iBudtender Inc., our 51% ownership of PrestoCorp, and our 51% ownership of GK Manufacturing Inc., (collectively referred to as the “Company”). All significant inter-company balances have been eliminated in consolidation. We hold controlling interests in iBudTender, PrestoCorp and GK Manufacturing and exercise control through management practices and oversight by the Company’s Board of Directors. GK Manufacturing was established in February 2020. Non-controlling Interests: Non-controlling interests are portions of entities included in the condensed consolidated financial statements that are not attributable to the Company. Non-controlling interest are identified separately from the Company’s stockholders’ equity and its net income (loss). Non-controlling interest equity balances include the non-controlling entity’s initial contribution at the date of the original acquisition, ongoing contributions, distributions, and percentage share of earnings since inception. The non-controlling interests are calculated based on percentages of ownership. Going Concern: The Company has an accumulated deficit of $75,961,660 at June 30, 2020, which, among other factors, raises substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they are due. Use of Estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates and assumptions by management affect the allowance for doubtful accounts, the carrying value of long-lived assets (including goodwill and intangible assets), the provision for income taxes and related deferred tax accounts, certain accrued liabilities, revenue recognition, contingencies, and the value attributed to stock-based awards. Accounts Receivable: We estimate credit loss reserves for accounts receivable on an individual receivable basis. A specific allowance reserve is established based on expected future cash flows and the financial condition of the debtor. We charge off customer balances in part or in full when it is more likely than not that we will not collect that amount of the balance due. We consider any balance unpaid after the contract payment period to be past due. Inventories: Inventory costs, when applicable, include those costs directly attributable to the manufacture of the product before sale. Inventory consists of raw materials and finished goods and is carried at the lower of cost or net realizable value, using the first-in, first-out method of determining cost. As of June 30, 2020, the Company had $64,605 in inventory relating to GKMP. Inventory consists of the raw materials and packaging used to manufacture cannabidiol (“CBD”) infused products for our customers. As of December 31, 2019, the Company had no inventory. Property and Equipment: Property and equipment are recorded at cost. Depreciation is provided for on the straight-line method over the estimated useful lives of the assets. The average lives range from five (5) to ten (10) years. Leasehold improvements are amortized on the straight-line method over the lesser of the lease term or the useful life. Maintenance and repairs that neither materially add to the value of the property nor appreciably prolong its life are charged to expense as incurred. Betterments or renewals are capitalized when incurred. Fair Value of Financial Instruments: The carrying amounts of cash and cash equivalents and amounts due to related parties approximate fair value given their short-term nature. Cash: Cash is held at major financial institutions and insured by the Federal Deposit Insurance Corporation (FDIC) up to federal insurance limits. The Company considers all highly liquid investments purchased with an original maturity of three months or less when acquired to be cash equivalents. Net Loss per Share: Net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period and contains no dilutive securities. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. Potentially dilutive shares are excluded from the calculation of diluted net loss per share because the effect is anti-dilutive. At June 30, 2020 and 2019 the Company had 125,000 and 49,900 outstanding warrants, respectively, that would be dilutive to future periods net income. Also, at June 30, 2020 and 2019 the Company had 1,073,543 and 839,781 shares of convertible Series A preferred stock, respectively, that would be dilutive to future periods net income. See Note 6. Revenue Recognition: Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company recognizes revenue from the sale of products and services in accordance with ASC 606,” Revenue Recognition · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. Provision for sales incentives, discounts and returns and allowances, if applicable, are accounted for as reductions of revenue in the period the related sales are recorded. The Company had no warranty costs associated with the sales of its products in the periods presented in the accompanying Consolidated Statements of Operations and no provision for warranty expenses has been included. The Company generates revenue based on a per telehealth visit basis for clients looking to obtain a permit to use marijuana for medical purposes in states that have legalized medical marijuana. Revenues are recognized when the Company satisfies its performance obligation to stand ready to provide telehealth services. This occurs at the same time an online client subscribes for the visit and gains access to our network of health care professionals. The billing and payment processes are automated through our online platform. Revenue is recognized in an amount that reflects the consideration that is received in exchange for the service. With the recent addition of GKMP, the Company is also reporting revenue from manufacturing operations. The Company recognizes revenue from manufacturing operations when the products are shipped to the customer. Shipment terms are FOB origination. In the three and six-month periods ended June 30, 2020, the operations of GKMP were still in the start-up phase and generated approximately $14,000 in total revenue, substantially all of which occurred in the three-month period ended June 30, 2020. The Company’s other product line consists of the telehealth business of PrestoCorp, which reported approximately $707,000 and $1,200,000 in revenue in the three and six-month periods ended June 30, 2020, respectively. All revenue in the respective 2019 periods was from the telehealth business. In future periods, the Company will report each segment separately. Investments Investments in equity securities that are less than 20% owned are stated at fair value. The Company recognizes unrealized holding gains and losses in other (Income) Expenses in the condensed consolidated statement of operations. On disposal of an investment, the difference between the disposal proceeds and the carrying amount is recognized as income or loss on the condensed consolidated statement of operations. Intangible Assets and Goodwill: We account for intangible assets and goodwill in accordance with ASC 350 “Intangibles-Goodwill and Other” Intangible asset amounts represent the acquisition date fair values of identifiable intangible assets acquired. The fair values of the intangible assets were determined by using the income approach, discounting projected future cash flows based on management’s expectations of the current and future operating environment. The rates used to discount projected future cash flows reflected a weighted average cost of capital based on our industry, capital structure and risk premiums including those reflected in the current market capitalization. Definite-lived intangible assets are amortized over their useful lives, which have historically ranged from 5 to 10 years. The carrying amounts of our definite-lived intangible assets are evaluated for recoverability whenever events or changes in circumstances indicate that the entity may be unable to recover the asset’s carrying amount. We do not have any indefinite-lived intangible assets recorded from acquisitions. Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. The fair value of the reporting unit is evaluated on qualitative factors to determine if the reported value may be impaired. If the qualitative factors indicate a likelihood of impairment, we then evaluate carrying value of the reporting unit based on quantitative factors using the income approach. An impairment charge is recognized for the excess of the carrying value of goodwill for the reporting unit over its implied fair value. Advertising Expense: Advertising costs are expensed as incurred and are broken out separately in the accompanying consolidated statements of operations. Advertising costs for the three and six months ended June 30, 2020 were $125,392 (2019: $28,335) and $212,480 (2019: $61,488), respectively. Stock-Based Compensation: Stock-based payments to employees and non-employees are recognized at their fair values. Compensation expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company uses the Black-Scholes option pricing model when necessary as the most appropriate fair value method for option awards. Most awards have been in the form of shares of the Company’s common and preferred stock issued under the Company’s 2017 Stock Plan. See Note 6. The Company currently recognizes compensation costs immediately as our awards are 100% vested at the time of issuance. Income Taxes: The Company utilizes the liability method of accounting for income taxes which requires that deferred tax assets and liabilities be recorded to reflect the future tax consequences of temporary differences between the book and tax basis of various assets and liabilities. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Additionally, deferred tax assets are evaluated, and a valuation allowance is established if it is more likely than not that all or a portion of the deferred tax asset will not be realized. There can be no assurance that the Company’s future operations will produce sufficient earnings so that the deferred tax asset can be fully utilized. The Company currently maintains a full valuation allowance against net deferred tax assets. Leases: The Company determines if an arrangement is a lease, or contains a lease, at the inception of an arrangement. If the Company determines that the arrangement is a lease, or contains a lease, at lease inception, it then determines whether the lease is an operating lease or finance lease. Operating and finance leases result in recording a right-of-use (“ROU”) asset and lease liability on the consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. For purposes of calculating operating lease ROU assets and operating lease liabilities, the Company uses the non-cancellable lease term plus options to extend that it is reasonably certain to exercise. Lease expense for operating lease payments is recognized on a straight-line basis over the lease term. The Company’s leases generally do not provide an implicit rate. As such, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The Company has elected not to recognize ROU assets and lease liabilities that arise from short-term (12 months or less) leases for any class of underlying asset. The Company has elected not to separate lease and non-lease components for any class of underlying asset. Fair Value Measurements When required to measure assets or liabilities at fair value, the Company uses a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used. The Company determines the level within the fair value hierarchy in which the fair value measurements in their entirety fall. The categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Level 1 uses quoted prices in active markets for identical assets or liabilities, Level 2 uses significant other observable inputs, and Level 3 uses significant unobservable inputs. The amount of the total gains or losses for the period are included in earnings that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date. We measure our investment in equity securities at fair value on a recurring basis. The Company’s equity securities are valued using inputs observable in active markets and are therefore classified as Level 1 within the fair value hierarchy. Recent Accounting Pronouncements: Accounting Standards Updates Adopted In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The update simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount. This update is effective for annual and interim periods beginning after December 15, 2019, and interim periods within that reporting period. The adoption of the new guidance on January 1, 2020 did not have a material impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. The update removes, modifies, and makes additions to the disclosure requirements on fair value measurements. The update was adopted as of January 1, 2020, and its adoption did not have a material impact on the Company’s financial statements. Accounting Standards Updates to Become Effective in Future Periods In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The update contains a number of provisions intended to simplify the accounting for income taxes. The update is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. Management is evaluating the impact of this update on the Company’s financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

2. Property and Equipment

2. Property and Equipment	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
2. Property and Equipment	2. Property and Equipment Property and equipment consisted of the following at June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Furniture and Equipment $ 224,265 $ 17,414 Leasehold Improvements 17,315 2,500 241,580 19,914 Less: Accumulated Depreciation (15,489) (13,474) Net Property and Equipment $ 226,091 $ 6,440 Depreciation expense for the three and six months ended June 30, 2020 was $1,698 (2019: $659) and $2,015 (2019: $1,438), respectively.

3. Intangibles and Goodwill

3. Intangibles and Goodwill	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
3. Intangibles and Goodwill	3. Intangibles and Goodwill The Company considers all intangibles to be definite-lived assets with lives of 5 to 10 years. Intangibles consisted of the following at June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 CBDS.com website (Cannabis Sativa) $ 13,999 $ 13,999 Intellectual Property Rights (PrestoCorp) 240,000 240,000 Patents and Trademarks (KPAL) 1,281,411 1,281,411 Total Intangibles 1,535,410 1,535,410 Less: Accumulated Amortization (942,828) (840,192) Net Intangible Assets $ 592,582 $ 695,218 Amortization expense for the three and six months ended June 30, 2020 were $52,756 (2019: $139,739) and $102,636 (2019: $279,479), respectively. Amortization of intangibles for each of the next five years is: 2021 $187,206 2022 $169,142 2023 $153,137 2024 $ 83,097 Goodwill in the amount of $3,010,202 was recorded as part of the acquisition of PrestoCorp that occurred on August 1, 2017. Cumulative impairment of the PrestoCorp goodwill totals $1,173,000 as of June 30, 2020 and December 31, 2019. Goodwill in the amount of $336,667 was recorded as part of the acquisition of iBudtender that occurred on August 8, 2016. For the year ended December 31, 2019 the Company recorded a $336,667 impairment of the iBudtender goodwill. The impairment of the iBudtender goodwill was due to delays in completion of the iBudtender software and mobile app, and failure to commence viable business operations, as well as the uncertainty surrounding the future of the business opportunity. Cumulative impairment of the iBudtender goodwill totals $336,667 as of June 30, 2020 and December 31, 2019. There were no additions, deletions, and impairments recognized in the six months ended June 30, 2020 and 2019. The Company considered the impact of the COVID-19 impact on intangible assets for the interim period ended June 30, 2020 and concluded that an interim impairment analysis is not necessary. The Company’s telehealth business has been positively impacted by the pandemic.

4. Related Party Transactions

4. Related Party Transactions	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
4. Related Party Transactions	4. Related Party Transactions The Company has received advances from related parties and officers of the Company to cover operating expenses. Related parties include the officers and directors of the Company, and a significant shareholder holding in excess of a 10% interest in the Company. As of June 30, 2020, and December 31, 2019, amounts due to the related parties were $1,126,262 and $1,018,520, respectively. During the six months ended June 30, 2020 and 2019, the Company recorded interest expense related to these advances at the rates between 5% and 8% per annum and in the amount of $28,386 and $23,980, respectively. The Company does not have written notes payable for these balances but has a verbal understanding with the related parties that written notes will be created in 2020 to reflect the balances due and payable December 31, 2025. These balances were classified as current liabilities as of June 30, 2020 as the written notes have not yet been finalized. New advances in the six months ended June 30, 2020 were $107,742. At June 30, 2020 and December 31, 2019, the Company had a note payable to the founder of iBudtender of $10,142 and $10,142, respectively, which is included in due to related parties on the consolidated balance sheets. The note earns interest at 0% and was due on December 2019. The note has not yet been paid pending further review of the iBudtender business and adjustment of the agreements between the parties. In the three and six months ended June 30, 2020, the Company incurred approximately $37,778 (2019: $16,667) and $88,000 (2019: $35,000), respectively, for consulting services from a nephew of the Company’s president. These services were paid in shares of the Company’s common stock. The Company paid officer and director compensation for services in shares of common stock in order to reduce operating cash flow requirements. The shares were recorded at fair value at the time of issuance as compensation expense. See Note 6 regarding shares issued to related parties. In the three and six months ended June 30, 2020, the Company paid $273,012 (2019: $267,073) and $469,687 (2019: $267,073), respectively. The amounts are included in the statements of operations in general and administrative expenses.

5. Investments

5. Investments	6 Months Ended
	Jun. 30, 2020
Investments, All Other Investments [Abstract]
5. Investments	5. Investments The Company owns 10,000,000 shares of common stock of Medical Cannabis Payment Solutions (ticker: REFG). At June 30, 2020, the fair value of the investment in REFG was adjusted to $78,000 based on the closing price of the stock on that date, which resulted in an unrealized gain on investment of $30,000 during the six month period ended June 30, 2020. At December 31, 2019, the fair value of the investment in REFG was adjusted to $48,000 based on the closing price of the stock on that date, which resulted in an unrealized loss on investment of $152,000 during the year ended December 31, 2019.

6. Stockholders' Equity

6. Stockholders' Equity	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
6. Stockholders' Equity	6. Stockholders’ Equity Share Capital The authorized capital of the Company consists of 45,000,000 shares of Common Stock with a par value of $0.001 and 5,000,000 shares of preferred stock issuable in series with such rights, preferences and conditions as the Board of Directors may establish. The Company has designated and established the rights of Series A preferred stock (“Series A”) with a par value of $0.001. The Company is authorized to issue up to 5,000,000 shares of Series A. The holders of Series A are entitled to dividends if the Company declares a dividend on common shares, have no liquidation preference, have voting rights equal to 1 vote per share, and can be converted into one share of common at any time. In the six months ended June 30, 2020, a related party converted 340,172 preferred shares into 340,172 shares of common stock. No preferred shares were converted in the six months ended June 30, 2019. Shares of Stock issued for Asset Acquisition In the six months ended June 30, 2020, the Company acquired assets and established GK Manufacturing and Packaging, Inc. (“GKMP”) to conduct contract manufacturing operations for customers seeking to obtain CBD infused products, including salves, tinctures, edibles, and other products containing CBD. In connection with the acquisition, the Company issued two key individuals an aggregate of 100,000 shares of common stock with a fair value of $109,000 for a 51% interest in GKMP. Assets acquired included inventory needed for manufacturing the CBD products ($47,987); a packaging line and other manufacturing equipment ($164,488); and a deposit ($1,250). The assets values totaled $213,725, of which $104,725 relates to the 49% non-controlling interest. GKMP also assumed the payments on a lease for equipment, agreed to provide up to $500,000 of additional working capital to GKMP, and agreed to an earnout provision where additional shares of common stock may become issuable to the key individuals in the event certain performance standards are met. See Note 7. Upon completion of the acquisition of assets for GKMP, GKMP entered into employment agreements with the two key individuals. The employment agreements are terminable at any time with or without cause, but in the event of termination without cause, the salary will continue for six months. Salary for the president of GKMP is set at $65,000 per annum and salary for the Vice President – Sales and Marketing is set at $50,000 per annum. The agreements also provide the individuals with expense reimbursements and other employee benefits comparable to those being offered to the other employees of the Company. Currently, GKMP has not established any other employee benefit programs. The 49% non-controlling interest is considered a related party to the Company because the non-controlling interest is owned, in part by the president of GKMP. The completion of the GKMP asset acquisition resulted in payment of a finder’s fee to an unrelated party. The finder’s fee was paid by issuance of 50,000 shares of common stock with a fair value at the time of issuance of $36,000 which was recognized as an expense upon completion of the acquisition. 2017 Stock Plan On July 28, 2017, the Company adopted the Cannabis Sativa 2017 Stock Plan which authorized the Company to utilize common stock to compensate employees, officers, directors, and independent contractors for services provided to the Company. The Company authorized up to 3,000,000 shares of common stock to be issued pursuant to the 2017 Stock Plan. At June 30, 2020, the Company was authorized to issue up to 533,118 additional shares under the 2017 Stock Plan. Warrants At June 30, 2020 and December 31, 2019, the Company had outstanding warrants to purchase 125,000 shares and 174,900 shares of the Company’s common stock, respectively. The exercise price on 125,000 warrants was $0.80 per share and these warrants expire in November 2022. Warrants to purchase up to 49,900 shares of common stock at $2.00 per share expired on February 1, 2020. Securities Issuances During the six months ended June 30, 2020 and 2019, shares of common stock and preferred stock were issued to related and non-related parties for stock payable as of the prior year end, and/or for services, acquisitions and settlements. The following table breaks out the issuances by type of transaction and by related and non-related parties. Six months ended June 30, 2020 Share Issuances Services Other Activity Total Shares issued for stock payable Common Preferred Value Common Preferred Value Common Preferred Value Related party issuance 521,411 223,214 $ 431,201 - - $ - 521,411 223,214 $ 431,201 Unrelated party issuance 441,827 - 209,484 - - - 441,827 - 209,484 Total shares for stock payable 963,238 223,214 $ 640,685 - - $ - 963,238 223,214 $ 640,685 Conversion of preferred stock - - $ - 340,172 (340,172) $ - 340,172 (340,172) $ - Services Related party issuances David Tobias, Officer, Director - 168,652 $ 92,064 - - $ - - 168,652 $ 92,064 Brad Herr, Officer, Director 248,695 - 135,715 - - - 248,695 - 135,715 Robert Tankson, Director 97,554 - 48,677 - - - 97,554 - 48,677 Cathy Carroll, Director 168,652 - 92,064 - - - 168,652 - 92,064 Trevor Reed, Director 28,109 - 15,344 - - - 28,109 - 15,344 Keith Hyatt, President GKMP 75,232 - 41,378 - - - 75,232 - 41,378 Kyle Powers, CEO PrestoCorp 92,593 - 44,444 - - - 92,593 - 44,444 Total related party issuances 710,835 168,652 469,686 - - - 710,835 168,652 469,686 Unrelated Party issuances 981,094 - 613,853 - - - 981,094 - 613,853 Total shares for services 1,691,929 168,652 $ 1,083,539 - - $ - 1,691,929 168,652 $1,083,539 Issuance for acquisitions - - $ - 100,000 $ 109,000 100,000 - $ 109,000 Aggregate totals 2,655,167 391,866 $ 1,724,224 440,172 $ 109,000 3,095,339 51,694 $1,833,224 Six months ended June 30, 2019 Share Issuances Services Other Activity Total Shares issued for stock payable Common Preferred Value Common Preferred Value Common Preferred Value Related party issuances 85,681 39,391 $ 340,080 - - $ - 85,681 39,391 $ 340,080 Unrelated paryt issuances 41,380 - 114,216 - - - 41,380 - 114,216 Total shares for stock payable 127,061 39,391 $ 454,296 - - $ - 127,061 39,391 $ 454,296 Services Related Party issuances David Tobias, Officer, Director - 40,946 $ 106,240 - - $ - - 40,946 $ 106,240 Donald Lundbom, CFO 32,803 - 85,833 - - - 32,803 - 85,833 Stephen Downing, Director 5,308 - 13,889 - - - 5,308 - 13,889 Cathy Carroll, Director 10,616 - 27,778 - - - 10,616 - 27,778 Trevor Reed, Director 4,246 - 11,111 - - - 4,246 - 11,111 Deborah Goldsberry, Director 4,246 - 11,111 - - - 4,246 - 11,111 Michael Gravel, Director 4,246 - 11,111 - - - 4,246 - 11,111 Total related party issuances 61,465 40,946 $ 267,073 - - $ - 61,465 40,946 $ 267,073 Unrelated party issuances 79,377 - $ 226,523 - $ - 79,377 - $ 226,523 Total shares for services 140,842 40,946 $ 493,596 - - $ - 140,842 40,946 $ 493,596 Shares cancelled - - $ - (70,000) - $ - (70,000) - $ - Aggregate totals 267,903 80,337 $ 947,892 (70,000) - $ - 197,903 80,337 $ 947,892

7. Commitments and Contingencie

7. Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
7. Commitments and Contingencies	7. Commitments and Contingencies Leases. PrestoCorp leases office space through WeWork in New York for $2,444 per month on a month to month arrangement. Until February 2019, PrestoCorp also leased space in San Francisco for $2,800 per month. PrestoCorp terminated its lease and closed its office in San Francisco as of the end of February 2019. Primary operations for PrestoCorp are now based in New York City. Rent expense for the three and six months ended June 30, 2020 was $7,432 (2019: $7,793) and $18,119 (2019: $21,062), respectively. GKMP leases a commercial printer and a bottle filling line, both of which are used in its manufacturing and packaging operations. The Company assumed the printer lease as part of the acquisition of GKMP’s assets (see Note 6). The bottle filler was leased by GKMP commencing on April 1, 2020. The Company recognizes a right to use asset for each lease at the time the lease obligation is fixed. To calculate the liability and right of use asset, the Company utilized a 10% incremental borrowing rate to discount the future rent payments over the remaining lease terms. For the three and six months ended June 30, 2020, the Company recognized $8,144 and $8,919, respectively in lease expense. Lease expense is reported as cost of goods sold in the consolidated statements of operations. At June 30, 2020, the remaining lease term is 36 months on the printer and 21 months on the bottle filling line. The lessors hold deposits of $1,250 on the printer lease and $8,500 on the bottle filling line. Future minimum lease payments over the remaining term are as follows: From July 1, 2020 to June 30, 2021 $ 35,481 From July 1, 2021 to June 30, 2022 27,039 From July 1, 2022 to June 30, 2023 8,190 Total 70,710 Less imputed interest (9,343) Net lease liability 61,367 Current portion (29,191) Long term $ 32,176 Litigation. Shares in Escrow. stock but 209,738 shares were cancelled in 2018 when the performance requirements were not met. The escrowed shares are not counted in the outstanding stock of the Company and will be considered compensation to the principals if and when issued. The escrow account also includes an additional 500 shares of PrestoCorp common stock which is distributable either back to the principals of PrestoCorp or to the Company, also depending on certain minimum performance requirements which extend into 2021. If all of the PrestoCorp shares are ultimately distributed to the Company, the shares would have the effect of increasing the Company’s ownership of PrestoCorp to 61% from the current level of 51%. Contingent Consideration. Working Capital Obligation.

8. COVID 19

8. COVID 19	6 Months Ended
	Jun. 30, 2020
Notes to Financial Statements
8. COVID 19	8. COVID- 19: The outbreak of COVID-19, the coronavirus, has grown both in the United States and globally, and related government and private sector responsive actions have adversely affected the Company’s business operations. The World Health Organization has declared Covid-19 to be a global pandemic, resulting in an economic downturn and changes in global economic policy that will reduce demand for the Company’s products and may have an adverse impact on the Company’s business, operating results and financial condition.

9. Subsequent Events

9. Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events [Abstract]
9. Subsequent Events	9. Subsequent Events: Through August 6, 2020, the Company has received $25,000 in subscriptions for 50,000 units consisting of one share of common stock and one warrant exercisable for one share of common stock. The unit price was $0.50 per share and the warrant exercise price is $1.00 per share. The units were offered in a private placement and the units sold are restricted securities.

1. Organization and Summary o_2

1. Organization and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Policy Text Block [Abstract]
Nature of Business	Nature of Business: Cannabis Sativa, Inc. (the “Company,” “us”, “we” or “our”) was incorporated as Ultra Sun Corp. under the laws of Nevada in November 2004. On November 13, 2013, we changed our name to Cannabis Sativa, Inc. We operate through several subsidiaries including PrestoCorp, Inc. (“PrestoCorp”), iBudtender, Inc. (“iBudtender”), Wild Earth Naturals, Inc. (“Wild Earth”), Kubby Patent and Licenses Limited Liability Company, (“KPAL”), Hi Brands, International, Inc. (“Hi Brands”), GK Manufacturing and Packaging, Inc. (“GKMP”), and Eden Holdings LLC (“Eden”). PrestoCorp and GK Manufacturing are both 51% owned subsidiaries and iBudtender is a 50.1% owned subsidiary. Wild Earth, KPAL, Hi Brands, and Eden are wholly owned subsidiaries. Currently, PrestoCorp, GKMP and iBudtender are operating subsidiaries, although iBudtender is not currently generating any revenue. The Company is reviewing opportunities for business development relating to Wild Earth, KPAL, and Hi Brands. Eden is not operating and had no activity for the six months ended June 30, 2020 and 2019. Our primary operations in the six months ended June 30, 2020 were through PrestoCorp, which provides telemedicine online referral services for customers desiring medical marijuana cards in states where medical marijuana has been legalized. GKMP commenced operations during the second quarter of 2020. The Company is also actively seeking new business opportunities for acquisition and is continually reviewing opportunities for product and brand development through our Wild Earth, Hi Brands, and KPAL subsidiaries. iBudtender is also working to complete and commercialize an application (the iBudtender App) that will provide a convenient means for sharing information about cannabis products, patients and businesses.
Basis of Presentation	Basis of Presentation: The fiscal year end is December 31. The accompanying condensed consolidated balance sheets as of June 30, 2020 and December 31, 2019, have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of the Company’s management all material adjustments (consisting only of normal recurring adjustments) which are considered necessary for a fair presentation of the interim financial statements have been included. Operating results for the three and six months ended June 30, 2020 are not necessarily indicative of the results of operations expected for the year ending December 31, 2020. The interim financial statements should be read in conjunction with the audited financial statements and related footnotes set forth in our annual report filed on Form 10-K for the year ended December 31, 2019 as filed with the United States Securities and Exchange Commission on May 14, 2020.
Principles of Consolidation	Principles of Consolidation: The condensed consolidated financial statements include the accounts of Cannabis Sativa, Inc. (the “Company” or “CBDS”), and its wholly-owned subsidiaries; Wild Earth Naturals, Inc., Hi-Brands International, Inc., Eden Holdings LLC, our 50.1% ownership of iBudtender Inc., our 51% ownership of PrestoCorp, and our 51% ownership of GK Manufacturing Inc., (collectively referred to as the “Company”). All significant inter-company balances have been eliminated in consolidation. We hold controlling interests in iBudTender, PrestoCorp and GK Manufacturing and exercise control through management practices and oversight by the Company’s Board of Directors. GK Manufacturing was established in February 2020.
Non-controlling Interests	Non-controlling Interests: Non-controlling interests are portions of entities included in the condensed consolidated financial statements that are not attributable to the Company. Non-controlling interest are identified separately from the Company’s stockholders’ equity and its net income (loss). Non-controlling interest equity balances include the non-controlling entity’s initial contribution at the date of the original acquisition, ongoing contributions, distributions, and percentage share of earnings since inception. The non-controlling interests are calculated based on percentages of ownership.
Going Concern	Going Concern: The Company has an accumulated deficit of $75,961,660 at June 30, 2020, which, among other factors, raises substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue as a going concern is dependent on the Company’s ability to generate profitable operations in the future and/or to obtain the necessary financing to meet its obligations and repay its liabilities arising from normal business operations when they are due.
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates and assumptions by management affect the allowance for doubtful accounts, the carrying value of long-lived assets (including goodwill and intangible assets), the provision for income taxes and related deferred tax accounts, certain accrued liabilities, revenue recognition, contingencies, and the value attributed to stock-based awards.
Accounts Receivable	Accounts Receivable: We estimate credit loss reserves for accounts receivable on an individual receivable basis. A specific allowance reserve is established based on expected future cash flows and the financial condition of the debtor. We charge off customer balances in part or in full when it is more likely than not that we will not collect that amount of the balance due. We consider any balance unpaid after the contract payment period to be past due.
Inventories	Inventories: Inventory costs, when applicable, include those costs directly attributable to the manufacture of the product before sale. Inventory consists of raw materials and finished goods and is carried at the lower of cost or net realizable value, using the first-in, first-out method of determining cost. As of June 30, 2020, the Company had $64,605 in inventory relating to GKMP. Inventory consists of the raw materials and packaging used to manufacture cannabidiol (“CBD”) infused products for our customers. As of December 31, 2019, the Company had no inventory.
Property and Equipment	Property and Equipment: Property and equipment are recorded at cost. Depreciation is provided for on the straight-line method over the estimated useful lives of the assets. The average lives range from five (5) to ten (10) years. Leasehold improvements are amortized on the straight-line method over the lesser of the lease term or the useful life. Maintenance and repairs that neither materially add to the value of the property nor appreciably prolong its life are charged to expense as incurred. Betterments or renewals are capitalized when incurred.
Fair Value of Financial Instruments	Fair Value of Financial Instruments: The carrying amounts of cash and cash equivalents and amounts due to related parties approximate fair value given their short-term nature.
Cash	Cash: Cash is held at major financial institutions and insured by the Federal Deposit Insurance Corporation (FDIC) up to federal insurance limits. The Company considers all highly liquid investments purchased with an original maturity of three months or less when acquired to be cash equivalents.
Net Loss per Share	Net Loss per Share: Net loss per share is computed by dividing net loss available to common shareholders by the weighted average number of common shares outstanding for the period and contains no dilutive securities. Diluted earnings per share reflect the potential dilution of securities that could share in the earnings of the Company. Potentially dilutive shares are excluded from the calculation of diluted net loss per share because the effect is anti-dilutive. At June 30, 2020 and 2019 the Company had 125,000 and 49,900 outstanding warrants, respectively, that would be dilutive to future periods net income. Also, at June 30, 2020 and 2019 the Company had 1,073,543 and 839,781 shares of convertible Series A preferred stock, respectively, that would be dilutive to future periods net income. See Note 6.
Revenue Recognition	Revenue Recognition: Revenues are recognized when control of the promised goods or services are transferred to a customer, in an amount that reflects the consideration that the Company expects to receive in exchange for those goods or services. The Company recognizes revenue from the sale of products and services in accordance with ASC 606,” Revenue Recognition · identify the contract with a customer; · identify the performance obligations in the contract; · determine the transaction price; · allocate the transaction price to performance obligations in the contract; and · recognize revenue as the performance obligation is satisfied. Provision for sales incentives, discounts and returns and allowances, if applicable, are accounted for as reductions of revenue in the period the related sales are recorded. The Company had no warranty costs associated with the sales of its products in the periods presented in the accompanying Consolidated Statements of Operations and no provision for warranty expenses has been included. The Company generates revenue based on a per telehealth visit basis for clients looking to obtain a permit to use marijuana for medical purposes in states that have legalized medical marijuana. Revenues are recognized when the Company satisfies its performance obligation to stand ready to provide telehealth services. This occurs at the same time an online client subscribes for the visit and gains access to our network of health care professionals. The billing and payment processes are automated through our online platform. Revenue is recognized in an amount that reflects the consideration that is received in exchange for the service. With the recent addition of GKMP, the Company is also reporting revenue from manufacturing operations. The Company recognizes revenue from manufacturing operations when the products are shipped to the customer. Shipment terms are FOB origination. In the three and six-month periods ended June 30, 2020, the operations of GKMP were still in the start-up phase and generated approximately $14,000 in total revenue, substantially all of which occurred in the three-month period ended June 30, 2020. The Company’s other product line consists of the telehealth business of PrestoCorp, which reported approximately $707,000 and $1,200,000 in revenue in the three and six-month periods ended June 30, 2020, respectively. All revenue in the respective 2019 periods was from the telehealth business. In future periods, the Company will report each segment separately.
Investments	Investments Investments in equity securities that are less than 20% owned are stated at fair value. The Company recognizes unrealized holding gains and losses in other (Income) Expenses in the condensed consolidated statement of operations. On disposal of an investment, the difference between the disposal proceeds and the carrying amount is recognized as income or loss on the condensed consolidated statement of operations.
Intangible Assets and Goodwill	Intangible Assets and Goodwill: We account for intangible assets and goodwill in accordance with ASC 350 “Intangibles-Goodwill and Other” Intangible asset amounts represent the acquisition date fair values of identifiable intangible assets acquired. The fair values of the intangible assets were determined by using the income approach, discounting projected future cash flows based on management’s expectations of the current and future operating environment. The rates used to discount projected future cash flows reflected a weighted average cost of capital based on our industry, capital structure and risk premiums including those reflected in the current market capitalization. Definite-lived intangible assets are amortized over their useful lives, which have historically ranged from 5 to 10 years. The carrying amounts of our definite-lived intangible assets are evaluated for recoverability whenever events or changes in circumstances indicate that the entity may be unable to recover the asset’s carrying amount. We do not have any indefinite-lived intangible assets recorded from acquisitions. Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired in a business combination. Goodwill is not amortized but is tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. The fair value of the reporting unit is evaluated on qualitative factors to determine if the reported value may be impaired. If the qualitative factors indicate a likelihood of impairment, we then evaluate carrying value of the reporting unit based on quantitative factors using the income approach. An impairment charge is recognized for the excess of the carrying value of goodwill for the reporting unit over its implied fair value.
Advertising Expense	Advertising Expense: Advertising costs are expensed as incurred and are broken out separately in the accompanying consolidated statements of operations. Advertising costs for the three and six months ended June 30, 2020 were $125,392 (2019: $28,335) and $212,480 (2019: $61,488), respectively.
Stock-Based Compensation	Stock-Based Compensation: Stock-based payments to employees and non-employees are recognized at their fair values. Compensation expense is recognized over the period during which an employee is required to provide services in exchange for the award, known as the requisite service period (usually the vesting period). The Company uses the Black-Scholes option pricing model when necessary as the most appropriate fair value method for option awards. Most awards have been in the form of shares of the Company’s common and preferred stock issued under the Company’s 2017 Stock Plan. See Note 6. The Company currently recognizes compensation costs immediately as our awards are 100% vested at the time of issuance.
Income Taxes	Income Taxes: The Company utilizes the liability method of accounting for income taxes which requires that deferred tax assets and liabilities be recorded to reflect the future tax consequences of temporary differences between the book and tax basis of various assets and liabilities. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Additionally, deferred tax assets are evaluated, and a valuation allowance is established if it is more likely than not that all or a portion of the deferred tax asset will not be realized. There can be no assurance that the Company’s future operations will produce sufficient earnings so that the deferred tax asset can be fully utilized. The Company currently maintains a full valuation allowance against net deferred tax assets.
Leases	Leases: The Company determines if an arrangement is a lease, or contains a lease, at the inception of an arrangement. If the Company determines that the arrangement is a lease, or contains a lease, at lease inception, it then determines whether the lease is an operating lease or finance lease. Operating and finance leases result in recording a right-of-use (“ROU”) asset and lease liability on the consolidated balance sheets. ROU assets represent the Company’s right to use an underlying asset for the lease term and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Operating lease ROU assets and lease liabilities are recognized at the commencement date based on the present value of lease payments over the lease term. For purposes of calculating operating lease ROU assets and operating lease liabilities, the Company uses the non-cancellable lease term plus options to extend that it is reasonably certain to exercise. Lease expense for operating lease payments is recognized on a straight-line basis over the lease term. The Company’s leases generally do not provide an implicit rate. As such, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The Company has elected not to recognize ROU assets and lease liabilities that arise from short-term (12 months or less) leases for any class of underlying asset. The Company has elected not to separate lease and non-lease components for any class of underlying asset.
Fair Value Measurements	Fair Value Measurements When required to measure assets or liabilities at fair value, the Company uses a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used. The Company determines the level within the fair value hierarchy in which the fair value measurements in their entirety fall. The categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. Level 1 uses quoted prices in active markets for identical assets or liabilities, Level 2 uses significant other observable inputs, and Level 3 uses significant unobservable inputs. The amount of the total gains or losses for the period are included in earnings that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date. We measure our investment in equity securities at fair value on a recurring basis. The Company’s equity securities are valued using inputs observable in active markets and are therefore classified as Level 1 within the fair value hierarchy.
Recent Accounting Pronouncements	Recent Accounting Pronouncements: Accounting Standards Updates Adopted In January 2017, the FASB issued ASU 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. The update simplifies how an entity is required to test goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Step 2 measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount. This update is effective for annual and interim periods beginning after December 15, 2019, and interim periods within that reporting period. The adoption of the new guidance on January 1, 2020 did not have a material impact on the Company’s consolidated financial statements. In August 2018, the FASB issued ASU No. 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement. The update removes, modifies, and makes additions to the disclosure requirements on fair value measurements. The update was adopted as of January 1, 2020, and its adoption did not have a material impact on the Company’s financial statements. Accounting Standards Updates to Become Effective in Future Periods In December 2019, the FASB issued ASU No. 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The update contains a number of provisions intended to simplify the accounting for income taxes. The update is effective for fiscal years beginning after December 15, 2020, with early adoption permitted. Management is evaluating the impact of this update on the Company’s financial statements. Other accounting standards that have been issued or proposed by FASB that do not require adoption until a future date are not expected to have a material impact on the financial statements upon adoption.

2. Property and Equipment (Tabl

2. Property and Equipment (Tables)	6 Months Ended
	Jun. 30, 2020
Table Text Block Supplement [Abstract]
Schedule of Property and Equipment	Property and equipment consisted of the following at June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 Furniture and Equipment $ 224,265 $ 17,414 Leasehold Improvements 17,315 2,500 241,580 19,914 Less: Accumulated Depreciation (15,489) (13,474) Net Property and Equipment $ 226,091 $ 6,440

3. Intangibles and Goodwill (Ta

3. Intangibles and Goodwill (Tables)	6 Months Ended
	Jun. 30, 2020
Table Text Block Supplement [Abstract]
Schedule of Intangible Assets	Intangibles consisted of the following at June 30, 2020 and December 31, 2019: June 30, 2020 December 31, 2019 CBDS.com website (Cannabis Sativa) $ 13,999 $ 13,999 Intellectual Property Rights (PrestoCorp) 240,000 240,000 Patents and Trademarks (KPAL) 1,281,411 1,281,411 Total Intangibles 1,535,410 1,535,410 Less: Accumulated Amortization (942,828) (840,192) Net Intangible Assets $ 592,582 $ 695,218
Amortization	Amortization of intangibles for each of the next five years is: 2021 $187,206 2022 $169,142 2023 $153,137 2024 $ 83,097

6. Stockholders' Equity (Tables

6. Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
Related and non-related parties	Six months ended June 30, 2020 Share Issuances Services Other Activity Total Shares issued for stock payable Common Preferred Value Common Preferred Value Common Preferred Value Related party issuance 521,411 223,214 $ 431,201 - - $ - 521,411 223,214 $ 431,201 Unrelated party issuance 441,827 - 209,484 - - - 441,827 - 209,484 Total shares for stock payable 963,238 223,214 $ 640,685 - - $ - 963,238 223,214 $ 640,685 Conversion of preferred stock - - $ - 340,172 (340,172) $ - 340,172 (340,172) $ - Services Related party issuances David Tobias, Officer, Director - 168,652 $ 92,064 - - $ - - 168,652 $ 92,064 Brad Herr, Officer, Director 248,695 - 135,715 - - - 248,695 - 135,715 Robert Tankson, Director 97,554 - 48,677 - - - 97,554 - 48,677 Cathy Carroll, Director 168,652 - 92,064 - - - 168,652 - 92,064 Trevor Reed, Director 28,109 - 15,344 - - - 28,109 - 15,344 Keith Hyatt, President GKMP 75,232 - 41,378 - - - 75,232 - 41,378 Kyle Powers, CEO PrestoCorp 92,593 - 44,444 - - - 92,593 - 44,444 Total related party issuances 710,835 168,652 469,686 - - - 710,835 168,652 469,686 Unrelated Party issuances 981,094 - 613,853 - - - 981,094 - 613,853 Total shares for services 1,691,929 168,652 $ 1,083,539 - - $ - 1,691,929 168,652 $1,083,539 Issuance for acquisitions - - $ - 100,000 $ 109,000 100,000 - $ 109,000 Aggregate totals 2,655,167 391,866 $ 1,724,224 440,172 $ 109,000 3,095,339 51,694 $1,833,224 Six months ended June 30, 2019 Share Issuances Services Other Activity Total Shares issued for stock payable Common Preferred Value Common Preferred Value Common Preferred Value Related party issuances 85,681 39,391 $ 340,080 - - $ - 85,681 39,391 $ 340,080 Unrelated paryt issuances 41,380 - 114,216 - - - 41,380 - 114,216 Total shares for stock payable 127,061 39,391 $ 454,296 - - $ - 127,061 39,391 $ 454,296 Services Related Party issuances David Tobias, Officer, Director - 40,946 $ 106,240 - - $ - - 40,946 $ 106,240 Donald Lundbom, CFO 32,803 - 85,833 - - - 32,803 - 85,833 Stephen Downing, Director 5,308 - 13,889 - - - 5,308 - 13,889 Cathy Carroll, Director 10,616 - 27,778 - - - 10,616 - 27,778 Trevor Reed, Director 4,246 - 11,111 - - - 4,246 - 11,111 Deborah Goldsberry, Director 4,246 - 11,111 - - - 4,246 - 11,111 Michael Gravel, Director 4,246 - 11,111 - - - 4,246 - 11,111 Total related party issuances 61,465 40,946 $ 267,073 - - $ - 61,465 40,946 $ 267,073 Unrelated party issuances 79,377 - $ 226,523 - $ - 79,377 - $ 226,523 Total shares for services 140,842 40,946 $ 493,596 - - $ - 140,842 40,946 $ 493,596 Shares cancelled - - $ - (70,000) - $ - (70,000) - $ - Aggregate totals 267,903 80,337 $ 947,892 (70,000) - $ - 197,903 80,337 $ 947,892

7. Commitments and Contingenc_2

7. Commitments and Contingencies (Table)	6 Months Ended
	Jun. 30, 2020
Disclosure Text Block [Abstract]
Future minimum lease payments over the remaining term	Future minimum lease payments over the remaining term are as follows: From July 1, 2020 to June 30, 2021 $ 35,481 From July 1, 2021 to June 30, 2022 27,039 From July 1, 2022 to June 30, 2023 8,190 Total 70,710 Less imputed interest (9,343) Net lease liability 61,367 Current portion (29,191) Long term $ 32,176

1. Organization and Summary o_3

1. Organization and Summary of Significant Accounting Policies: Nature of Business (Details)	Jun. 30, 2020	Aug. 01, 2017
PrestoCorp
Equity Method Investment, Ownership Percentage	51.00%	51.00%

1. Organization and Summary o_4

1. Organization and Summary of Significant Accounting Policies: Principles of Consolidation (Details)	Jun. 30, 2020	Aug. 01, 2017
PrestoCorp
Equity Method Investment, Ownership Percentage	51.00%	51.00%
GK Manufacturing Inc
Equity Method Investment, Ownership Percentage	51.00%

1. Organization and Summary o_5

1. Organization and Summary of Significant Accounting Policies: Going Concern (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Organization And Summary Of Significant Accounting Policies Going Concern
Accumulated deficit	$ (75,961,660)	$ (74,855,147)

1. Organization and Summary o_6

1. Organization and Summary of Significant Accounting Policies: Inventories (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Text Block [Abstract]
Inventories	$ 64,605	$ 0

1. Organization and Summary o_7

1. Organization and Summary of Significant Accounting Policies: Property and Equipment (Details)	6 Months Ended
	Jun. 30, 2020
Minimum
Property, Plant and Equipment, Useful Life	5 years
Maximum
Property, Plant and Equipment, Useful Life	10 years

1. Organization and Summary o_8

1. Organization and Summary of Significant Accounting Policies: Net Loss per Share (Details) - shares	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Warrant
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	125,000	49,900
Convertible Series A preferred stock
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	1,073,543	839,781

1. Organization and Summary o_9

1. Organization and Summary of Significant Accounting Policies: Revenue Recognition (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenues	$ 721,095	$ 151,063	$ 1,214,235	$ 251,345
PrestoCorp
Revenues	707,000		1,200,000
GKMP
Revenues	$ 14,000		$ 14,000

1. Organization and Summary _10

1. Organization and Summary of Significant Accounting Policies: Intangible Assets (Details)	6 Months Ended
	Jun. 30, 2020
Minimum
Finite-Lived Intangible Asset, Useful Life	5 years
Maximum
Finite-Lived Intangible Asset, Useful Life	10 years

1. Organization and Summary _11

1. Organization and Summary of Significant Accounting Policies: Advertising Expense (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Text Block [Abstract]
Advertising Expense	$ 125,392	$ 28,335	$ 212,480	$ 61,488

2. Property and Equipment (Deta

2. Property and Equipment (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Disclosure Text Block [Abstract]
Depreciation expense	$ 1,698	$ 659	$ 2,015	$ 1,438

2. Property and Equipment Sched

2. Property and Equipment Schedule of Property and Equipment (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 241,580	$ 19,914
Less: accumulated depreciation	(15,489)	(13,474)
Property and Equipment, Net	226,091	6,440
Furniture and Equipment
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	224,265	17,414
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 17,315	$ 2,500

3. Intangibles and Goodwill (De

3. Intangibles and Goodwill (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Amortization of Intangible Assets	$ 52,756	$ 139,739	$ 102,636	$ 279,479
PrestoCorp
Impairment of goodwill			3,010,202
Cumulative impairment of goodwill			1,173,000		$ 1,173,000
Ibudtender
Impairment of goodwill			336,667
Cumulative impairment of goodwill			$ 336,667		$ 336,667
Minimum
Finite-Lived Intangible Asset, Useful Life			5 years
Maximum
Finite-Lived Intangible Asset, Useful Life			10 years

3. Intangibles and Goodwill _ S

3. Intangibles and Goodwill : Schedule of Intangible Assets (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets, Gross	$ 1,535,410	$ 1,535,410
Less: Accumulated Amortization	(942,828)	(840,192)
Finite-Lived Intangible Assets, Net	592,582	695,218
Cannabis Sativa | Internet Domain Names
Finite-Lived Intangible Assets, Gross	13,999	13,999
PrestoCorp | Intellectual Property
Finite-Lived Intangible Assets, Gross	240,000	240,000
KPAL | Patents And Trademarks
Finite-Lived Intangible Assets, Gross	$ 1,281,411	$ 1,281,411

3. Intangibles and Goodwill _ A

3. Intangibles and Goodwill : Amortization (Details)	Jun. 30, 2020USD ($)
Disclosure Text Block [Abstract]
2021	$ 187,206
2022	169,142
2023	153,137
2024	$ 83,097

4. Related Party Transactions (

4. Related Party Transactions (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Net advances	$ 1,126,262		$ 1,126,262		$ 1,018,520
Interest Expense	14,834	$ 13,137	28,386	$ 23,980
Proceeds from related parties advances			107,742	45,945
Investor
Interest Expense			28,386	23,980
Consultant
Other General and Administrative Expense	37,778	16,667	88,000	35,000
Officer
Compensation expense	$ 273,012	$ 267,073	$ 469,687	$ 267,073
Minimum
Debt Instrument, Interest Rate, Stated Percentage	5.00%		5.00%
Maximum
Debt Instrument, Interest Rate, Stated Percentage	8.00%		8.00%
Ibudtender Inc
Debt Instrument, Interest Rate, Stated Percentage	0.00%		0.00%
Note Payable	$ 10,142		$ 10,142		$ 10,142

5. Investments (Details)

5. Investments (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Investments, All Other Investments [Abstract]
Fair value of investment	$ 78,000		$ 78,000		$ 48,000
Unrealized loss on investment	$ 11,000	$ 0	$ 30,000	$ 0	$ 152,000

6. Stockholders' Equity (Detail

6. Stockholders' Equity (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Common Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001		$ 0.001
Common Stock, Shares Authorized	45,000,000		45,000,000		45,000,000
Preferred Stock, Shares Authorized	5,000,000		5,000,000		5,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001		$ 0.001
Conversion of stocks			In the six months ended June 30, 2020, a related party converted 340,172 preferred shares into 340,172 shares of common stock.
Salary	$ 163,894	$ 92,342	$ 348,803	$ 124,976
Stock issued for Acquisitions, Value			$ 213,725
Warrants outstanding	125,000		125,000		174,900
Number of shares converted			340,172
GKMP
Fair value	$ 109,000		$ 109,000
Controlling interest	51.00%		51.00%
President [Member] | GKMP
Controlling interest	49.00%		49.00%
GKMP
Assets value description			Assets acquired included inventory needed for manufacturing the CBD products ($47,987); a packaging line and other manufacturing equipment ($164,488); and a deposit ($1,250). The assets values totaled $213,725, of which $104,725 relates to the 49% non-controlling interest. GKMP also assumed the payments on a lease for equipment, agreed to provide up to $500,000 of additional working capital to GKMP, and agreed to an earnout provision where additional shares of common stock may become issuable to the key individuals in the event certain performance standards are met.
GKMP | President [Member]
Salary			$ 65,000
Stock issued for Acquistions, shares			50,000
Stock issued for Acquisitions, Value			$ 36,000
GKMP | Vice President [Member]
Salary			$ 50,000
Warrant
Warrants exercise price			$ 0.80
Warrants expire			125,000
Warrants expire date			Nov. 30, 2022
Warrant
Warrants exercise price			$ 2
Warrants expire			49,900
Warrants expire date			Feb. 1, 2020
Common Stock
Stock issued for Acquistions, shares			100,000
Stock issued for Acquisitions, Value			$ 100
Common Stock | 2017 Stock Plan
Common Stock issued to compensate employees and consultants				3,000,000
Additional shares authorized			533,118
Preferred Stock [Member]
Stock issued for Acquistions, shares
Stock issued for Acquisitions, Value
Preferred Stock [Member] | Common Class A
Preferred Stock, Shares Authorized	5,000,000		5,000,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001
Preferred Stock, Voting Rights			1 vote per share

6. Stockholders' Equity (Relate

6. Stockholders' Equity (Related and non-related parties) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Stock issued for services, Value	$ 491,463	$ 377,595	$ 1,083,539	$ 493,596
Other Activity, value			0	0
Total stock issued, value			1,083,539	493,596
Conversion of preferred stock
Stock issued for services, Value			0
Other Activity, value			0
Total stock issued, value			0
Related Parties
Stock issued for services, Value			469,686	267,073
Other Activity, value			0	0
Total stock issued, value			469,686	267,073
Unrelated Parties
Stock issued for services, Value			613,853	226,523
Other Activity, value			0	0
Total stock issued, value			613,853	226,523
David Tobias
Stock issued for services, Value			92,064	106,240
Other Activity, value			0	0
Total stock issued, value			92,064	106,240
Brad Herr
Stock issued for services, Value			135,715
Other Activity, value			0
Total stock issued, value			135,715
Robert Tankson
Stock issued for services, Value			48,677
Other Activity, value			0
Total stock issued, value			48,677
Cathy Carroll
Stock issued for services, Value			92,064	27,778
Other Activity, value			0	0
Total stock issued, value			92,064	27,778
Trevor Reed
Stock issued for services, Value			15,344	11,111
Other Activity, value			0	0
Total stock issued, value			15,344	11,111
Keith Hyatt
Stock issued for services, Value			41,378
Other Activity, value			0
Total stock issued, value			41,378
Kyle Powers
Stock issued for services, Value			44,444
Other Activity, value			0
Total stock issued, value			44,444
Acquistion
Stock issued for services, Value			0
Other Activity, value			109,000
Total stock issued, value			109,000
Aggregate Totals
Stock issued for services, Value			1,724,224	947,892
Other Activity, value			109,000	0
Total stock issued, value			1,833,224	947,892
Donald Lundbom
Stock issued for services, Value				85,833
Other Activity, value				0
Total stock issued, value				85,833
Stephen Downing
Stock issued for services, Value				13,889
Other Activity, value				0
Total stock issued, value				13,889
Deborah Goldsberry
Stock issued for services, Value				11,111
Other Activity, value				0
Total stock issued, value				11,111
Michael Gravel
Stock issued for services, Value				11,111
Other Activity, value				0
Total stock issued, value				11,111
Shares cancelled
Stock issued for services, Value				0
Other Activity, value				0
Total stock issued, value				0
Stock Payable
Stock issued for services, Value			640,685	454,296
Other Activity, value			0	0
Total stock issued, value			640,685	454,296
Stock Payable | Related Parties
Stock issued for services, Value			431,201	340,080
Other Activity, value			0	0
Total stock issued, value			431,201	340,080
Stock Payable | Unrelated Parties
Stock issued for services, Value			209,484	114,216
Other Activity, value			0	0
Total stock issued, value			$ 209,484	$ 114,216
Common Stock
Stock issued for services, shares	718,549	105,842	1,691,929	140,842
Stock issued for services, Value	$ 719	$ 106	$ 1,692	$ 141
Other Activity, shares			0	0
Total stock issued, shares			1,691,929	140,842
Common Stock | Conversion of preferred stock
Stock issued for services, shares			0
Other Activity, shares			340,172
Total stock issued, shares			340,172
Common Stock | Related Parties
Stock issued for services, shares			710,835	61,465
Other Activity, shares			0	0
Total stock issued, shares			710,835	61,465
Common Stock | Unrelated Parties
Stock issued for services, shares			981,094	79,377
Other Activity, shares			0	0
Total stock issued, shares			981,094	79,377
Common Stock | David Tobias
Stock issued for services, shares			0	0
Other Activity, shares			0	0
Total stock issued, shares			0	0
Common Stock | Brad Herr
Stock issued for services, shares			248,695
Other Activity, shares			0
Total stock issued, shares			248,695
Common Stock | Robert Tankson
Stock issued for services, shares			97,554
Other Activity, shares			0
Total stock issued, shares			97,554
Common Stock | Cathy Carroll
Stock issued for services, shares			168,652	10,616
Other Activity, shares			0	0
Total stock issued, shares			168,652	10,616
Common Stock | Trevor Reed
Stock issued for services, shares			28,109	4,246
Other Activity, shares			0	0
Total stock issued, shares			28,109	4,246
Common Stock | Keith Hyatt
Stock issued for services, shares			75,232
Other Activity, shares			0
Total stock issued, shares			75,232
Common Stock | Kyle Powers
Stock issued for services, shares			92,593
Other Activity, shares			0
Total stock issued, shares			92,593
Common Stock | Acquistion
Stock issued for services, shares			0
Other Activity, shares			100,000
Total stock issued, shares			100,000
Common Stock | Aggregate Totals
Stock issued for services, shares			2,655,167	267,903
Other Activity, shares			440,172	(70,000)
Total stock issued, shares			3,095,339	197,903
Common Stock | Donald Lundbom
Stock issued for services, shares				32,803
Other Activity, shares				0
Total stock issued, shares				32,803
Common Stock | Stephen Downing
Stock issued for services, shares				5,308
Other Activity, shares				0
Total stock issued, shares				5,308
Common Stock | Deborah Goldsberry
Stock issued for services, shares				4,246
Other Activity, shares				0
Total stock issued, shares				4,246
Common Stock | Michael Gravel
Stock issued for services, shares				4,246
Other Activity, shares				0
Total stock issued, shares				4,246
Common Stock | Shares cancelled
Stock issued for services, shares				0
Other Activity, shares				(70,000)
Total stock issued, shares				(70,000)
Common Stock | Stock Payable
Stock issued for services, shares			963,238	127,061
Other Activity, shares			0	0
Total stock issued, shares			963,238	127,061
Common Stock | Stock Payable | Related Parties
Stock issued for services, shares			521,411	85,681
Other Activity, shares			0	0
Total stock issued, shares			521,411	85,681
Common Stock | Stock Payable | Unrelated Parties
Stock issued for services, shares			441,827	41,380
Other Activity, shares			0	0
Total stock issued, shares			441,827	41,380
Preferred Stock [Member]
Stock issued for services, shares	79,366	40,946	168,652	40,946
Stock issued for services, Value	$ 79	$ 40	$ 169	$ 41
Other Activity, shares			0	0
Total stock issued, shares			168,652	40,946
Preferred Stock [Member] | Conversion of preferred stock
Stock issued for services, shares			0
Other Activity, shares			(340,172)
Total stock issued, shares			(340,172)
Preferred Stock [Member] | Related Parties
Stock issued for services, shares			168,652	40,946
Other Activity, shares			0	0
Total stock issued, shares			168,652	40,946
Preferred Stock [Member] | Unrelated Parties
Stock issued for services, shares			0	0
Other Activity, shares			0	0
Total stock issued, shares			0	0
Preferred Stock [Member] | David Tobias
Stock issued for services, shares			168,652	40,946
Other Activity, shares			0	0
Total stock issued, shares			168,652	40,946
Preferred Stock [Member] | Brad Herr
Stock issued for services, shares			0
Other Activity, shares			0
Total stock issued, shares			0
Preferred Stock [Member] | Robert Tankson
Stock issued for services, shares			0
Other Activity, shares			0
Total stock issued, shares			0
Preferred Stock [Member] | Cathy Carroll
Stock issued for services, shares			0	0
Other Activity, shares			0	0
Total stock issued, shares			0	0
Preferred Stock [Member] | Trevor Reed
Stock issued for services, shares			0	0
Other Activity, shares			0	0
Total stock issued, shares			0	0
Preferred Stock [Member] | Keith Hyatt
Stock issued for services, shares			0
Other Activity, shares			0
Total stock issued, shares			0
Preferred Stock [Member] | Kyle Powers
Stock issued for services, shares			0
Other Activity, shares			0
Total stock issued, shares			0
Preferred Stock [Member] | Acquistion
Stock issued for services, shares			0
Other Activity, shares			0
Total stock issued, shares			0
Preferred Stock [Member] | Aggregate Totals
Stock issued for services, shares			391,866	80,337
Other Activity, shares			0	0
Total stock issued, shares			51,694	80,337
Preferred Stock [Member] | Donald Lundbom
Stock issued for services, shares				0
Other Activity, shares				0
Total stock issued, shares				0
Preferred Stock [Member] | Stephen Downing
Stock issued for services, shares				0
Other Activity, shares				0
Total stock issued, shares				0
Preferred Stock [Member] | Deborah Goldsberry
Stock issued for services, shares				0
Other Activity, shares				0
Total stock issued, shares				0
Preferred Stock [Member] | Michael Gravel
Stock issued for services, shares				0
Other Activity, shares				0
Total stock issued, shares				0
Preferred Stock [Member] | Shares cancelled
Stock issued for services, shares				0
Other Activity, shares				0
Total stock issued, shares				0
Preferred Stock [Member] | Stock Payable
Stock issued for services, shares			223,214	39,391
Other Activity, shares			0	0
Total stock issued, shares			223,214	39,391
Preferred Stock [Member] | Stock Payable | Related Parties
Stock issued for services, shares			223,214	39,391
Other Activity, shares			0	0
Total stock issued, shares			223,214	39,391
Preferred Stock [Member] | Stock Payable | Unrelated Parties
Stock issued for services, shares			0	0
Other Activity, shares			0	0
Total stock issued, shares			0	0

7. Commitments and Contingenc_3

7. Commitments and Contingencies (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Aug. 01, 2017
Operating lease liability	$ 61,367		$ 61,367
Right of use asset	61,367		$ 61,367		$ 0
Shares in Escrow			Company has 419,475 shares of common stock in escrow as part of the acquisition of PrestoCorp. These shares are issuable in certain circumstances to the principals of PrestoCorp based on performance of the PrestoCorp business in 2020 and 2021. The escrow account originally contained 629,213 shares of common stock but 209,738 shares were cancelled in 2018 when the performance requirements were not met. The escrowed shares are not counted in the outstanding stock of the Company and will be considered compensation to the principals if and when issued. The escrow account also includes an additional 500 shares of PrestoCorp common stock which is distributable either back to the principals of PrestoCorp or to the Company, also depending on certain minimum performance requirements which extend into 2021.
Net Revenues	721,095	$ 151,063	$ 1,214,235	$ 251,345
PrestoCorp
Operating Leases, Rent Expense	$ 7,432	$ 7,793	$ 18,119	$ 21,062
Equity Method Investment, Ownership Percentage	51.00%		51.00%			51.00%
Net Revenues	$ 707,000		$ 1,200,000
Warehouse Lease
Debt Instrument, Periodic Payment			600
San Francisco Office Facilities | PrestoCorp
Debt Instrument, Periodic Payment			2,800
New York office Facilities | PrestoCorp
Debt Instrument, Periodic Payment			2,444
GKMP
Operating Leases, Rent Expense	$ 8,144		$ 8,919
Discount Rate	10.00%		10.00%
Net revenues description			If GKMP net revenues exceed $3,000,000 and net income exceeds 25% of net revenues in the year ended December 31, 2020, an additional $1,000,000 in consideration will be due to the key individuals. If GKMP net revenues exceed $6,000,000 and net income exceeds 25% of net revenues in the year ended December 31, 2020, an additional $500,000 in consideration will be due to the key individuals ($1,500,000 in the aggregate).
Additional working capital			$ 500,000
Working capital payments			49.00%
Net Revenues	$ 14,000		$ 14,000
GKMP | Printer
Lease term	36 months		36 months
Deposit	$ 1,250		$ 1,250
GKMP | Bottle Filling Line
Lease term	21 months		21 months
Deposit	$ 8,500		$ 8,500

7. Commitments and Contingenc_4

7. Commitments and Contingencies: Stock Payable (Details) - USD ($)	Jun. 30, 2020	Dec. 31, 2019
Disclosure Text Block [Abstract]
From July 1, 2020 to June 30, 2021	$ 35,481
From July 1, 2021 to June 30, 2022	27,039
From July 1, 2022 to June 30, 2023	8,190
Total	70,710
Less: imputed interest	(9,343)
Net lease liability	61,367
Current portion	(29,191)	$ 0
Long term	$ 32,176	$ 0

9. Subsequent Events (Details)

9. Subsequent Events (Details) - Subsequent Event [Member]	Aug. 06, 2020USD ($)$ / sharesshares
Proceeds from issue of common stock and warrants | $	$ 25,000
Number of common stock and warrants | shares	50,000
Unit price	$ 0.50
Warrants exercise price	$ 1