3. Intangibles and Goodwill (Tables)

9 Months Ended

Sep. 30, 2020

Table Text Block Supplement [Abstract]

Schedule of Intangible Assets

The Company considers all intangibles to be definite-lived assets with lives of 5 to 10 years. Intangibles consisted of the following at September 30, 2020 and December 31, 2019:   

	September 30, 2020	December 31, 2019
CBDS.com website (Cannabis Sativa)	$       13,999	$       13,999
Intellectual Property Rights (PrestoCorp)	240,000	240,000
Patents and Trademarks (KPAL)	1,281,411	1,281,411
Total Intangibles	1,535,410	1,535,410
Less:  Accumulated Amortization	(994,146)	(840,192)
Net Intangible Assets	$     541,264	$      695,218

Amortization

Amortization of intangibles for each of the next five years is: 

2021	$178,174
2022	$166,229
2023	$151,686
2024	$  40,738
2025	$    4,437