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)

8/31/2021
(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 8/31/2021  S  25000.0000 D$0.3900 3294394.0000 D 
 
Common Stock 9/1/2021  S  15000.0000 D$0.4072 3279394.0000 D 
 
Common Stock 9/1/2021  S  10000.0000 D$0.4100 3269394.0000 D 
 
Common Stock 9/2/2021  S  3000.0000 D$0.4000 3266394.0000 D 
 
Common Stock 9/10/2021  S  10000.0000 D$0.3999 3256394.0000 D 
 
Common Stock 9/13/2021  S  63.0000 D$0.3900 3256331.0000 D 
 
Common Stock 9/13/2021  S  3280.0000 D$0.3932 3253051.0000 D 
 
Common Stock 9/14/2021  S  6495.0000 D$0.3815 3246556.0000 D 
 
Common Stock 9/17/2021  S  10000.0000 D$0.3600 3236556.0000 D 
 
Common Stock 9/20/2021  S  6000.0000 D$0.3600 3230556.0000 D 
 
Common Stock 9/21/2021  S  4000.0000 D$0.3600 3226556.0000 D 
 
Common Stock 9/22/2021  S  4000.0000 D$0.3750 3222556.0000 D 
 
Common Stock 9/22/2021  S  4000.0000 D$0.3650 3218556.0000 D 
 
Common Stock 9/23/2021  S  4500.0000 D$0.3600 3214056.0000 D 
 
Common Stock 9/24/2021  S  27872.0000 D$0.3551 3186184.0000 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 Tobias9/28/2021
**Signature of Reporting PersonDate

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