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Cannabis Sativa, Inc.: Cannabis Sativa Reports Revenue Increase of 75% in 2020


Cannabis Sativa, Inc.: Cannabis Sativa Reports Revenue Increase of 75% in 2020
MESQUITE, NV / ACCESSWIRE / April 20, 2021 / Cannabis Sativa, Inc. (OTCQB:CBDS) is proud to report Revenue for the fiscal year ended December 31, 2020 of $2,035,383, up by 75% from 2019 revenues of $1,159,737. Cost of revenues for the fiscal years ended December 31, 2020 and 2019 were $893,482and $462,940, respectively. The increases for 2020 were primarily a result of the improved business operations of PrestoCorp, our 51% owned subsidiary doing business as PrestoDoctor.
Telemedicine became a growth area which drove revenues higher in 2020. PrestoDoctor continues to exceed expectations in 2021 as the dynamics of the COVID-19 pandemic have caused increased interest in telehealth, and emergency regulations opened new markets. We experienced a remarkable surge of interest in PrestoDoctor as people stayed at home, worked from home, and practiced social distancing. Difficulties in getting to a doct ....

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