Canbiola, Inc. - Consolidated Balance Sheets - USD ($)		Sep. 30, 2018	Dec. 31, 2017
Current Assets:
Cash and cash equivalents		$ 73,572	$ 1,652
Accounts receivable, less allowance for doubtful accounts	[1]	38,378	6,075
Inventory		4,353	9,834
Notes receivable - current		75,000	75,000
Prepaid expenses - current		759,565	64,911
TOTAL CURRENT ASSETS		1,257,872	157,472
Property and equipment, less accumulated depreciation	[2]	46,518	11,148
Other Assets:
Security Deposit		17,687	11,687
Prepaid expenses - noncurrent		221,030
Note receivable - noncurrent		39,000	39,000
Total other assets		277,717	50,687
Total Assets		1,582,107	219,307
Current Liabilities:
Notes and loans payable		135,410	193,504
Derivative Liability		444,594	1,451,137
Accounts payable		147,034	143,274
Accrued officers compensation		184,650	98,750
Other accrued expenses payable		46,750	62,539
Total current liabilities and total liabilities		958,438	1,949,204
Commitments and Contingencies	[3]
Stockholders' Deficiency:
Preferred stock Series A		1,786,537	243,537
Preferred stock Series B		328	150
Common stock		17,791,974	12,524,042
Additional Paid-in Capital		331,321	149,850
Additional Paid-in Capital - Stock Options	[4]	84,000
Accumulated deficit		(19,370,491)	(14,647,476)
TOTAL STOCKHOLDERS' DEFICIENCY		623,669	(1,729,897)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY		$ 1,582,107	$ 219,307

[1] Accounts receivable, less allowance for doubtful accounts of $0 and $0, respectively.

[2] Property and equipment, at cost less accumulated depreciation of $23,233 and $20,248, respectively.

[3] See Notes 12 and 13.

[4] See Note 10.