Canbiola, Inc. - Consolidated Statements of Cash Flows - USD ($)		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017
Operating Activities:
Net loss		$ (4,723,017)	$ (466,245)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation	[1]	1,276,494	113,438
Loss on stock issuance		2,568,560
Loss on debt conversion		1,420,523	32,383
Debt issuance expense		14,000
Expense from derivative liability		(1,146,543)	(252,010)
Depreciation of property and equipment		2,985	2,421
Amortization of intangible assets			2,979
Amortization of debt discounts		93,978	219,288
Changes in operating assets and liabilities:
Accounts receivable, increase decrease		(32,303)	(8,288)
Inventory, increase decrease		5,481	(12,417)
Security deposit, increase decrease		(6,000)
Prepaid expenses, increase decrease			2,500
Accounts payable, increase decrease		3,759	80,973
Accrued officers compensation, increase decrease		85,900	54,000
Other accrued expenses payable, increase decrease		17,033	25,760
Net Cash Used in Operating Activities		(419,150)	(205,218)
Investing Activities:
Fixed assets additions		(38,355)
Net Cash Used in Investing Activities		(38,355)
Financing Activities:
Repayments of notes and loans payable		(2,571)
Proceeds received from notes and loans payable		155,000	179,250
Proceeds from sale of Series B preferred stock		200,000
Net Cash Provided by Financing Activities		484,000
Increase (decrease) in cash and cash equivalents		378,924	(25,968)
Cash and cash equivalents, beginning of period		1,652	30,193
Cash and cash equivalents, end of period		380,576	4,225
SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid
Interest paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of common stock in satisfaction of debt		178,500	115,000
Issuance of common stock in satisfaction of directors fees		185,400
Issuance of common stock in satisfaction of accrued interest		$ 32,822	$ 11,168

[1] Net of prepaid stock-based consulting fees