MESQUITE, NV / ACCESSWIRE / July 26, 2016 / Cannabis Sativa. Inc. (OTCQB: CBDS) announced today
the signing of a Memorandum of Understanding to acquire Ibudtender, the first truly smart cannabis web app
tailored as a virtual budtender for patients, as well as a B2B & B2 app for dispensaries and cannabis
businesses. Ibudtender’s preferential user and medical data makes it simple for patients, dispensaries, and
consumers to locate cannabis, hemp and ancillary products while mitigating concerns regarding safety and
effectiveness.
Cannabis Sativa President, David Tobias stated, “There is simply no other app or website that provides the level
of integration that Ibudtender does. Ibudtender’s premium profiles create consumer confidence, trust and
product awareness by providing a portal for consumers to easily locate products and order them for pickup,
delivery or shipping. Customers include services, collective growers, distributors, dispensaries, retail and
ecommerce stores.”
Chris Cope, CEO of Ibudtender stated, “With the help and support from the great team at Cannabis Sativa, I am
confident that IBudtender will become the premier cannabis app.”
Ibudtender provides their clients with the software and analytical data to help promote and grow their brands
and sales by providing a tailored experience for each user that makes them the forefront of the software. Every
aspect is complimented with inline user data, likes and recommendations. By creating a personalized
patient/recreational user experience, Ibudtender provides a one-of- a-kind engagement level including news,
events, strain and product recommendations, all based on a social media platform.
Management of Cannabis Sativa will present the acquisition to its board of directors for approval and thereafter
expects to enter into a definitive acquisition agreement within a week’s time, or as soon thereafter as is
practicable.
Forward-Looking Statements:
This press 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. Underlying assumptions include without limitation, the ongoing enactment of legislation favorable to
the production of and the commercialization of cannabis products and the Company’s success in capitalizing on
that legislation. 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.
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Contact Information:
Investor Relations
Mesquite, NV 89027
702-345-4074
SOURCE: Cannabis Sativa Inc
