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
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