FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

TOBIAS DAVID
2. Issuer Name and Ticker or Trading Symbol

Cannabis Sativa, Inc. [ CBDS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO
(Last)          (First)          (Middle)

PO BOX 1602
3. Date of Earliest Transaction (MM/DD/YYYY)

11/11/2019
(Street)

MESQUITE, NV 89024
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/11/2019  S  7500.0000 D$0.5572 3415956.0000 D 
 
Common Stock 11/11/2019  S  5000.0000 D$0.5722 3410956.0000 D 
 
Common Stock 11/20/2019  S  9000.0000 D$0.5228 3401956.0000 D 
 
Common Stock 11/20/2019  S  9000.0000 D$0.5210 3392956.0000 D 
 
Common Stock 11/21/2019  S  7500.0000 D$0.5456 3385456.0000 D 
 
Common Stock 11/25/2019  S  3500.0000 D$0.5800 3381956.0000 D 
 
Common Stock 11/26/2019  S  1500.0000 D$0.6300 3380456.0000 D 
 
Common Stock 11/26/2019  S  4000.0000 D$0.6102 3376456.0000 D 
 
Common Stock 12/6/2019  S  2075.0000 D$0.5300 3374381.0000 D 
 
Common Stock 12/9/2019  S  2000.0000 D$0.5200 3372381.0000 D 
 
Common Stock 12/12/2019  S  4500.0000 D$0.5200 3367881.0000 D 
 
Common Stock 12/13/2019  S  2000.0000 D$0.5200 3365881.0000 D 
 
Common Stock 12/13/2019  S  15000.0000 D$0.5200 3350881.0000 D 
 
Common Stock 12/16/2019  S  570.0000 D$0.4950 3350311.0000 D 
 
Common Stock 12/16/2019  S  2855.0000 D$0.5100 3347456.0000 D 
 
Common Stock 1/13/2020  S  1000.0000 D$0.5450 3346456.0000 D 
 
Common Stock 1/13/2020  S  2851.0000 D$0.5449 3343605.0000 D 
 
Common Stock 1/13/2020  S  3000.0000 D$0.5450 3340605.0000 D 
 
Common Stock 1/13/2020  S  7500.0000 D$0.5600 3333105.0000 D 
 
Common Stock 1/13/2020  S  7500.0000 D$0.5700 3325605.0000 D 
 
Common Stock 1/13/2020  S  9000.0000 D$0.6150 3316605.0000 D 
 
Common Stock 1/13/2020  S  7500.0000 D$0.6400 3309105.0000 D 
 
Common Stock 1/14/2020  S  10000.0000 D$0.7000 3299105.0000 D 
 
Common Stock 1/15/2020  S  1301.0000 D$0.7700 3297804.0000 D 
 
Common Stock 1/16/2020  S  5000.0000 D$0.8000 3292804.0000 D 
 
Common Stock 1/16/2020  S  5000.0000 D$0.8305 3287804.0000 D 
 
Common Stock 1/16/2020  S  5000.0000 D$0.8800 3282804.0000 D 
 
Common Stock 1/16/2020  S  5000.0000 D$0.9100 3277804.0000 D 
 
Common Stock 1/21/2020  S  5000.0000 D$0.9150 3272804.0000 D 
 
Common Stock 1/21/2020  S  5000.0000 D$0.9200 3267804.0000 D 
 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
TOBIAS DAVID
PO BOX 1602
MESQUITE, NV 89024
XXCEO

Signatures
/s/ David Tobias4/29/2020
**Signature of Reporting PersonDate

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