CBDS Cannabis Sativa Inc (QB)

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) 1/22/2020
(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	1/22/2020		S		5000.0000	D	$0.9500	3262804.0000	D
Common Stock	1/23/2020		S		5000.0000	D	$0.9100	3257804.0000	D
Common Stock	1/24/2020		S		5000.0000	D	$1.0200	3252804.0000	D
Common Stock	1/24/2020		S		436.0000	D	$1.0700	3252368.0000	D
Common Stock	1/27/2020		S		5000.0000	D	$1.0600	3247368.0000	D
Common Stock	1/27/2020		S		60.0000	D	$1.0700	3247308.0000	D
Common Stock	1/27/2020		S		4940.0000	D	$1.0400	3242368.0000	D
Common Stock	1/28/2020		S		5000.0000	D	$1.0700	3237368.0000	D
Common Stock	2/28/2020		S		2763.0000	D	$1.1200	3234605.0000	D
Common Stock	3/2/2020		J		80337.0000	A	(1)	3314942.0000	D
Common Stock	3/10/2020		S		1500.0000	D	$0.7100	3313442.0000	D
Common Stock	3/11/2020		S		1500.0000	D	$0.7200	3311942.0000	D
Common Stock	3/11/2020		S		3200.0000	D	$0.6560	3308742.0000	D
Common Stock	3/12/2020		S		10000.0000	D	$0.5000	3298742.0000	D
Common Stock	3/12/2020		S		10.0000	D	$0.5100	3298732.0000	D
Common Stock	3/13/2020		S		5000.0000	D	$0.5260	3293732.0000	D
Common Stock	3/13/2020		S		5000.0000	D	$0.5600	3288732.0000	D
Common Stock	3/13/2020		S		5000.0000	D	$0.5500	3283732.0000	D
Common Stock	3/16/2020		S		15000.0000	D	$0.6003	3268732.0000	D
Common Stock	3/20/2020		S		10000.0000	D	$0.5700	3258732.0000	D
Common Stock	3/20/2020		S		10000.0000	D	$0.5723	3248732.0000	D
Common Stock	3/23/2020		S		5000.0000	D	$0.5706	3243732.0000	D
Common Stock	3/24/2020		S		7730.0000	D	$0.5501	3236002.0000	D
Common Stock	4/8/2020		J		259835.0000	A	(1)	3495837.0000	D
Common Stock	4/16/2020		S		5000.0000	D	$0.5900	3490837.0000	D
Common Stock	4/17/2020		S		4000.0000	D	$0.6100	3486837.0000	D
Common Stock	4/17/2020		S		3000.0000	D	$0.6300	3483837.0000	D
Common Stock	4/17/2020		S		6000.0000	D	$0.6300	3477837.0000	D
Common Stock	4/20/2020		S		3300.0000	D	$0.6020	3474537.0000	D
Common Stock	4/21/2020		S		6000.0000	D	$0.5900	3468537.0000	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 Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. 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 Date		7. 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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:
(1)	Conversion from Preferred to Common Stock

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
TOBIAS DAVID PO BOX 1602 MESQUITE, NV 89024	X	X	CEO

Signatures
/s/ David Tobias		4/29/2020
**Signature of Reporting Person		Date