Cannabis Sativa, Inc is a developer of cannabis strains and a seller of cannabis-infused products. It has two subsidiary companies: Kush and Wild Earth Naturals.
Founded in Utah in 2014, Cannabis Sativa, Inc was originally a tanning salon company called Ultra Sun Corp. In July 2013, it acquired Wild Earth Naturals, Inc, which marked its transition into the herbal care sector. It became Cannabis Sativa, Inc in November 2013, and in July 2014, it announced that former New Mexico Governor Gary Johnson has become its CEO and President.
Today, Cannabis Sativa, Inc is based in Mesquite, Nevada. It trades in the OTC markets as CBDS and its market cap is pegged at USD 120.26 M.
Its recently-acquired subsidiary Kush serves as its research and development division. The subsidiary, also known as Kush Cosmetics, has so far produced two strains of medicinal cannabis. One is the patent-pending CTA strain, which is described as potent, and the other is the proprietary NTZ strain.
In addition, Kush has developed a proprietary marijuana delivery system using lozenges. According to the company, this delivery method is better than smoking or eating edibles because with lozenges, users can control dosages more easily. Another product of Kush is a proprietary cannabis-based trauma cream formula.
The subsidiary Wild Earth Naturals, on the other hand, produces and sells hemp oil-infused products for skin care and pain management. Some of these products are a headache reliever called “Release” and a muscle or joint pain reliever called “Recover”. It also has a skin care line called “Skin Garden”, which features face and body creams and a lip balm.
Cannabis Sativa, Inc is led by Johnson as its CEO and President, alongside Kush founder Steve Kubby, who serves as the company’s Chairman.
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MESQUITE, NV / Cannabis Sativa, Inc. (OTCQB:CBDS) is proud to announce matching all employee and follower contributions to The Last Prisoner Project of up to $10,000 for the month of July 2020 to help victims of injustice. The company is also recognizing the successes of Rob Tankson, Cannabis Sativa Director and co-founder of PrestoDoctor, and Jason Washington, GK Manufacturing & Packaging co-founder. Now Cannabis Sativa executive team members, Tankson and Washington entered the medical marijuana industry during the transition from prohibited substance to legalization and helped build the canna-businesses in America.
MESQUITE, NV / July 2, 2020 / Cannabis Sativa, Inc. (CBDS) reported record first quarter revenue for the three months ended March 31, 2020. CBDS achieved first quarter revenue of $493,140, an increase of 392% over the first quarter revenue of $100,282 in 2019. The increase was attributed to rapid growth in our telemedicine subsidiary, PrestoDoctor, which provides telehealth services to clients seeking medical marijuana evaluations in states where medical marijuana has been legalized.
MESQUITE, NV / May 26, 2020, / Cannabis Sativa, Inc. (CBDS) is proud to announce reporting Revenue for the fiscal year ended December 31, 2019 of $1,159,737, more than doubling 2018 revenues of $505,705. The increases for 2019 are a result of the improved business operations of PrestoCorp, our 51% owned subsidiary doing business as PrestoDoctor (https://prestodoctor.com/). Telemedicine has become a growth area which drove revenues higher in 2019.
MESQUITE, NV / May 19, 2020, / Cannabis Sativa, Inc. (CBDS) is proud to announce that telehealth subsidiary company, PrestoDoctor, (https://prestodoctor.com/) is now offering their online Medical Marijuana recommendation services in Pennsylvania through November 21, 2020. Pennsylvania has classified cannabis dispensaries as essential businesses during the pandemic.
MESQUITE, NV / ACCESSWIRE / April 2, 2020 / Cannabis Sativa, Inc. (OTCQB:CBDS) is proud to announce signing legendary cut-man and combat sports veteran Jacob "Stitch" Duran as Brand Ambassador ...