Cannabis Sativa Inc. And Their Patented Sativa Strain
Cannabis Sativa Inc. And Their Patented Sativa Strain
The Cannabis Sativa Inc company is a relatively new addition to the cannabis marketplace. Cannabis Sativa Inc is still a developing company with patented cannabis strains, comprising a small volume of the cannabis market.
Cannabis Sativa Inc: The Highlights
- Cannabis Sativa Inc. was founded in 2013, making it a young, developing company which is attractive for shareholders.
- The holding company has 9 subsidiaries which are active on the market and in social media.
- Cannabis Sativa Inc. has patented a strain called Ecuadorian Sativa, otherwise known as CTA.
- They have also patented a cannabis-based lozenge specifically designed to remedy symptoms of hypertension.
- Cannabis Sativa Inc is owned by Mike Gravel, who was once a Democratic Party senator and ran in the presidential election in 2008.
What is Cannabis Sativa Inc?
Essentially, Cannabis Sativa Inc. is a holding company for many cannabis-related subsidiaries owned by Mike Gravel. The once Democratic senator who once played a controversial role in the release of secret government documents called the Pentagon Papers.
Within Cannabis Sativa Inc. are 9 companies that have a hand in the distribution of medical marijuana cards, manufacture of hemp and cannabis products, online directories for dispensaries, as well as the patenting of certain strains.
About Cannabis Sativa Inc
Cannabis Sativa Inc. was founded in November of 2013. Prior to this, the company was actually a tanning salon company called Ultra Sun Corp. It was taken over by Wild Earth Naturals early in 2013, after which it became Cannabis Sativa Inc.
Wild Earth Naturals then became a subsidiary of Cannabis Sativa Inc.
As a holding company, Cannabis Sativa Inc. has subsidiaries targeting just about every aspect of the cannabis sector, from dispensaries to products to medical marijuana cards.
However, upon a little bit of investigation, it’s not clear whether these companies are actually operating and making money.
In 2016, Mike Gravel took over the company and became the CEO. Since then, the company has seen some big crashes in the market as well as management selling off large amounts of shares.
It’s not clear what the future holds for Cannabis Sativa Inc and whether or not it will hold its position in the market.
Cannabis Sativa Inc Patents
Cannabis Sativa Inc. has patented two separate products in the last few years. On December 20, 2016, the holding company patented a strain of cannabis called Ecuadorian Sativa, otherwise known as CTA.
And on October 23, 2018, the company patented a cannabis-based lozenge as a “method of treating hypertension”.
The cannabis-based lozenge by Cannabis Sativa Inc was formulated with the company’s patented strain of cannabis, Ecuadorean Sativa. The base of the lozenge is coconut oil, and the product is said to have a more rapid onset and longer lasting effects than other forms of ingestion.
Essentially, this recipe is the intellectual cannabis-related property of Cannabis Sativa Inc.
With this patent, Cannabis Sativa Inc. hopes to break into the San Francisco cannabis market, where they believe this product will be well received.
Cannabis Strain CTA
According to the press release for CTA, this strain was developed by Cannabis Sativa Inc. as a strain that exhibited medical properties, including hypotensive activity. It was also bred to have energizing and motivating psychoactive qualities rather than sleepiness or lethargy.
When a laboratory test was applied to CTA, it was found to have extraordinarily high yields of terpene, Limonene.
According to Cannabis Sativa Inc., this is what separates this strain of cannabis from other Ecuadorean varieties.
The company’s president, David Tobias said in the press release:
”This is a major accomplishment and is a tribute to the foresight and perseverance of management to solidify Cannabis Sativa’s contribution to the maturing Cannabis industry.”
Cannabis Sativa Inc Brands
As we mentioned earlier in this article, Cannabis Sativa Inc is a holding company for many other brands. While some of them exhibit the reputable qualities of active businesses, others seem dormant, outdated or simply inactive in the market.
hi Brands International
hi Recover is a CBD infused balm that is designed to be used on sore muscles, aches, and pains. It contains 50mg of CBD.
The hi Releaf product, on the other hand, contains 50mg CBD as well as 50mg THC but is also a remedial balm. The Releaf Plus contains greater THC concentration with each jar containing 50mg CBD and 100mg THC.
While the website markets these products, the links to “Find a retailer” do not work and there is no option to purchase online. It can, therefore, be assumed that this company isn’t “active” in the way we a business should be.
So far, only a single hi Dispensary exists in the USA according to Cannabis Sativa Inc’s website. It is located in Portland, Oregon.
However, Cannabis Sativa Inc is extending the opportunity to many other parts of the USA, obviously in the hopes of opening more than one cannabis dispensary around the country.
Essentially, Cannabis Sativa Inc. provides the supply chain, employee training, finance, management, legal assistance and patenting to any investor who wishes to open a hi Dispensary.
hi Benefits Card
The hi Benefits Card is an initiative from the hi subsidiary to offer customers a discount on pharmacy products from certain retailers. It’s not obvious how this initiative works or how it makes money, as there is no cost for obtaining the hi Benefits Card.
According to the website, it can be used at CVS Pharmacy, Walmart, Walgreens, Target and Rite Aid. It doesn’t seem as though there is any link between the benefits card and the rest of the hi subsidiary line.
iBudtender is an online application that customers can use to find products, brands, and dispensaries around the USA.
The website lists the stock and prices of each dispensary as well as letting people browse through different strains and products that are available on the cannabis market.
Although the website isn’t sophisticated, it seems functional. The “News” section of the website seems to be recently updated, and it seems like there is some traffic and activity on the website.
Of all the subsidiaries held by Cannabis Sativa Inc., Presto Doctor is perhaps the most legitimate of them all. It is basically an online service where people can obtain a medical marijuana card.
Cannabis Sativa Inc purchased 51 percent of Presto Doctor shares in 2017, and at the time of purchase, the company had over 40,000 registered customers.
It also has over 5,000 customer reviews with an average rating of 4.9/5. Other than this, it is difficult to find out any more information about Presto Doctor as a subsidiary.
Wild Earth Naturals
Wild Earth Naturals is mainly concerned with the sale of cannabis-infused cosmetics, clothing, and accessories. At the moment, the only things in stock include t-shirts, caps, and mugs with the “hi” logo or otherwise decorated with the “Wild Earth Naturals” logo.
There are no cosmetic products available, although one has been highlighted as “Sold Out”. From the website itself, it looks like not much activity has happened in a long while.
White Rabbit is a recreational cannabis dispensary located in Lynnwood, Washington. The dispensary itself is still open, although the link to White Rabbit from the Cannabis Sativa Inc. website is broken.
It links to an older website, while the new version can be found by a simple Google search.
Despite the fact that Cannabis Sativa Inc hasn’t updated their link to White Rabbit for a long time, the dispensary seems to be up and running. The updated link to White Rabbit dispensary can be found here.
My CBD Card
It is not immediately obvious what the My CBD Card actually is. As the name might suggest, it could be a discount or benefit card for purchasing CBD products.
However, it is impossible to obtain one from the Cannabis Sativa Inc website as the link is broken.
It’s not clear whether or not this subsidiary is still active or has perhaps been forgotten about by the holding company.
Virgin Mary Jane
This subsidiary by Cannabis Sativa Inc. manufactures sensual, cannabis-infused products. Products include Chocolate Body Paint and Massage Candles.
Again, the Virgin Mary Jane website is currently completely out of stock on all products, so it’s possible that this subsidiary is not as active as others such as Presto Doctor.
Cannabis Sativa Inc. Stock
Overall, stocks in Cannabis Sativa Inc. have remained relatively stable over the last twelve months. There was one huge spike in stock prices between October and November 2018, but in the larger picture has remained quite stable.
On average, stock prices are around $3 but have jumped as high as $8.50 and as low as $1.92 in the last twelve months.
It’s worth mentioning here that company insiders have been selling stock.
In April 2018, the CEO Mark Gravel sold over $700,000 in stocks. Just prior to that, he had sold $300,00.
The CFO also sold over 10,000 shares around the same time, worth almost $40,000. It’s definitely not a sign of trust in the company’s future if the inside management is selling its shares.
Cannabis Sativa Inc.: The Final Word
It is always tempting for investors to put money into a smaller, developing company within the cannabis sector. There is much room for growth and the potential for high profits.
With that being said, a smaller company should meet some strict criteria before making the investment.
As it stands, Cannabis Sativa Inc. has a handful of seemingly inactive businesses that don’t seem to be making any money. Furthermore, even the CEO and CFO are not expressing much trust in the future of the business by selling off loads of shares less than a year ago.
These all seem to be warning signs about the future of this small company, perhaps alerting investors to back out of any ambitious endeavors.