Cannabis Sativa, Inc. (OTCMKTS:CBDS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Cannabis Sativa, Inc. (OTCMKTS:CBDS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 Departure of Chief Executive Officer.

The Registrant (“Company”) is announcing today the retirement of its CEO, Mr. Mike Gravel. Mr. Gravel will continue to serve as a member of the board of directors until the Company’s next annual meeting of shareholders. The duties of CEO are being assumed by Mr. David Tobias who presently serves as the president and secretary of the Company. Biographical information for Mr. Tobias can be viewed on page 21 of the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on April 4, 2018. Mr. Gravel has served long and well as the Company’s CEO and will

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