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Cannabis Sativa Inc (OTCMKTS:CBDS) Showcases Products at NECANN

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Cannabis Sativa Inc (OTCMKTS:CBDS) recently made an appearance at Hynes Convention Center in Boston, for the largest MMJ, Cannabis and Hemp trade show. The event, which lasted for 2-days, from April 23, allowed companies to showcase their products to the general public. CBDS made use of the opportunity to introduce its CBD infused product line to the East Coast.

David Tobias, the President of Cannabis Sativa, stated that the show marked his company’s 420 weeks on the road. He lauded the success of company products in San Francisco and also revealed his expectations, to gain similar results from Massachusetts and the surrounding areas. The president also pointed out three major products, which he believes would be a great hit, in the Eastern Coast. These included the Wild Earth Naturals CBD infused water, the water soluble hemp capsules and the Recover topical balm.

The next event for CBDS to showcase their products is the “Women Grow LA Networking Event”. The show would be held on May 3, 2016 and would mark the beginning of the California area events for the company. Added to this, CBDS has also been gaining significant attention from investors, in the stock market. This is mainly influenced by something called “the Green Rush”, which indicates that cannabis stocks in general are in demand.

Although a marijuana branding company, Cannabis Sativa also focuses on the licensing of cannabis products and as well as developing CBD infused water and cosmetic products. The company makes use of its intellectual property, “hi”, for the branding and licensing procedures. However, despite having a strong portfolio, the company’s latest financial report revealed a net loss of $1.8 million, with just $6,000 in quarterly revenues. Added to this, CBDS cash stands at $22,000. The only positive side of the report is that, unlike most companies, CBDS has not diluted investor value, as yet.

Cannabis Sativa Inc (OTCMKTS:CBDS) closed at a share price of $2.20, after having a trade volume of 74,253 shares and losing 3.51% of its share value, during the April 25 trading session.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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