Note 13 - Related Party Transactions	3 Months Ended
Mar. 31, 2018
Notes
Note 13 - Related Party Transactions	NOTE 13 – Related Party Transactions ProAdvanced Group, Inc. (“PAG”), an entity controlled by the Company’s chief executive officer, is a customer of CANB. At March 31, 2018, CANB had an account receivable from PAG of $7,240. For the three months ended March 31, 2018, CANB had revenues from PAG of $5,000. Island Stock Transfer (“IST”), an entity controlled by Carl Dilley, a Company director, is both a customer and vendor of CANB. At March 31, 2018, CANB had an account receivable from IST of $4,535 and an account payable to IST of $2,138. For the three months ended March 31, 2018, CANB had revenues from IST of $1,500. Stock Market Manager, Inc. is also an entity controlled by Mr. Dilley. For the three months ended March 31, 2018, CANB had an account payable to Stock Market Manager Inc. of $1,676. In order to facilitate its operations, the Company has entered into a Production Agreement with Pure Health Products, LLC (“PHP”), a New York limited liability company. Pursuant to the Production Agreement, PHP will manufacture, package, and sell the Company’s CBD infused products on an exclusive basis. PHP will not produce or manufacture any product containing any cannabis or hemp derivative for any person or entity other than the Company, and the Company controls the ingredients, recipe, manufacturing processes and procedures and quality and taste parameters for all Products produced at the PHP facility. PHP may also white label / rebrand or relabel the products on the Company’s behalf pursuant to “white label agreements” entered into between the Company and third-party customers. Credit card sales are processed through PHP as well. Through its contractual relationship with PHP, the Company is able to control the manufacturing process of its products while reducing its production costs. In addition, the Company has the option to acquire certain assets of PHP should it elect to take over direct manufacture of its Products. For the three months ended March 31, 2018, purchase of CBD infused products from PHP totaled $43,415. At March 31, 2018, we have a note receivable from PHP in the amount of $75,000. PHP is controlled by Pasquale Ferro. At March 31, 2018, we are indebted to Mr. Ferro and his wife Rosemary Ferro in the amount of $103,500. The Company considers Pure Health products to be a variable interest entity as prescribed under Accounting guidelines. Due to the fact that the company is not dependent on Pure Health Products solely for manufacture, no consolidation of Pure Heath Products financial information is required. During the three months ended March 31, 2018, we had products sales to related parties totaling $0.

Note 13 - Related Party Transactions

3 Months Ended

Mar. 31, 2018

NOTE 13 – Related Party Transactions

ProAdvanced Group, Inc. (“PAG”), an entity controlled by the Company’s chief executive officer, is a customer of CANB. At March 31, 2018, CANB had an account receivable from PAG of $7,240. For the three months ended March 31, 2018, CANB had revenues from PAG of $5,000.

Island Stock Transfer (“IST”), an entity controlled by Carl Dilley, a Company director, is both a customer and vendor of CANB. At March 31, 2018, CANB had an account receivable from IST of $4,535 and an account payable to IST of $2,138. For the three months ended March 31, 2018, CANB had revenues from IST of $1,500.

Stock Market Manager, Inc. is also an entity controlled by Mr. Dilley. For the three months ended March 31, 2018, CANB had an account payable to Stock Market Manager Inc. of $1,676.

In order to facilitate its operations, the Company has entered into a Production Agreement with Pure Health Products, LLC (“PHP”), a New York limited liability company. Pursuant to the Production Agreement, PHP will manufacture, package, and sell the Company’s CBD infused products on an exclusive basis. PHP will not produce or manufacture any product containing any cannabis or hemp derivative for any person or entity other than the Company, and the Company controls the ingredients, recipe, manufacturing processes and procedures and quality and taste parameters for all Products produced at the PHP facility. PHP may also white label / rebrand or relabel the products on the Company’s behalf pursuant to “white label agreements” entered into between the Company and third-party customers. Credit card sales are processed through PHP as well. Through its contractual relationship with PHP, the Company is able to control the manufacturing process of its products while reducing its production costs. In addition, the Company has the option to acquire certain assets of PHP should it elect to take over direct manufacture of its Products. For the three months ended March 31, 2018, purchase of CBD infused products from PHP totaled $43,415.

At March 31, 2018, we have a note receivable from PHP in the amount of $75,000. PHP is controlled by Pasquale Ferro. At March 31, 2018, we are indebted to Mr. Ferro and his wife Rosemary Ferro in the amount of $103,500.

The Company considers Pure Health products to be a variable interest entity as prescribed under Accounting guidelines. Due to the fact that the company is not dependent on Pure Health Products solely for manufacture, no consolidation of Pure Heath Products financial information is required.

During the three months ended March 31, 2018, we had products sales to related parties totaling $0.