Cannabis Sativa Inc. to Pay Special Dividend; Simultaneously Submits Application for NASDAQ Listing

MESQUITE, NV / ACCESSWIRE / November 2, 2015 / Cannabis Sativa Inc. (OTCQB: CBDS) announced today that it will pay a special dividend of 1.5 restricted common shares for each share held as of the record date of November 16, 2015.

The shares will be distributed pro-rata based on the number of shares each shareholder holds on the record date. For example, a common shareholder owning 10,000 shares on the close of business on the record date will receive 15,000 additional shares, subject to the SEC Rule 144 holding period. The holding period for these additional shares will be 6 months from the issue date to shareholders of record.

CBDS has secured the payment date of the previously announced dividend of KUSH shares to be completed on November 2, 2015 and has set the payment of the 1.5 common share, restricted dividend as of the close of business on December 4, 2015.

The Company also submitted its application to be listed on NASDAQ.

Moving to the NASDAQ Capital Market, if successful, may attract a broader range of institutional investors, increase share liquidity and increase financial interests in the medical and recreational cannabis markets.

CBDS is committed to taking all necessary steps to insure that it meets the NASDAQ Capital Market’s requirements. Even if all the listing requirements are met, there can be no guarantee that CBDS’ application to the NASDAQ will be approved.

About CBDS: Cannabis Sativa, Inc. is in the business of branding and licensing via its ‘hi’ intellectual properties. The Company also offers the Wild Earth Naturals line of CBD Water and cosmetic products which are designed to use organic and natural ingredients, including CBD and hemp seed oil. The Company is also engaged, through its subsidiaries, Kush and Hi Brands International, Inc., in the research, development and licensing of specialized natural cannabis products, including cannabis formulas, edibles, topicals, strains, recipes and delivery systems.

This news release contains “forward-looking statements.” Although the forward-looking statements in this release reflect the good faith judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed in these forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by us in our reports filed with the Securities and Exchange Commission, including the risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition, results of operation and cash flows. If one or more of these risks or uncertainties materialize, or if the underlying assumptions prove incorrect, our actual results may vary materially from those expected or projected. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. We assume no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.

Contact Information:

Investor Relations
Mesquite, NV 89027
702-345-4074
http://www.cbds.com

SOURCE: Cannabis Sativa Inc.

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