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Catherine Carroll

Treasurer and Director at CBDS
Board
Since 2013
Age
83 years
Education
Holds a 'Life Time Limited Services' teacher’s credential in accounting from Delta College in Stockton, CA.
Tenure
Joined CBDS in July 2013 as CFO, Director, and Treasurer, and on January 30, 2017 refocused solely on her roles as Treasurer and Director.

Also at CBDS

About

Catherine Carroll has built a distinguished professional profile over several decades, starting with being self-employed since 1984 and acquiring extensive expertise in accounting, tax preparation, IRS audits, and tax appeals. Her rich experience includes teaching basic tax preparation classes for 15 years and serving as an expert witness in tax court, highlighting her in-depth industry knowledge and commitment to excellence.

In addition to her professional accomplishments, her contributions at CBDS have been significant. Since her arrival in July 2013, she has played a critical role in maintaining rigorous financial records and ensuring compliance with industry standards. Her decision on January 30, 2017, to concentrate exclusively on her responsibilities as Treasurer and Director underscores her dedication and focus.

Beyond the boardroom, personal details such as her residence at 450 Hillside Drive, #A224, Mesquite, NV 89027, provide further insight into her background. This blend of professional expertise and personal commitment establishes her as a pillar of experience and leadership within CBDS.

Past Roles

OrganizationRoleDate RangeDetails
Cannabis Sativa, Inc. (CBDS) Chief Financial Officer (CFO) 2013 - January 30, 2017 Stepped down to focus on Treasurer and Director roles and maintain accounting records
Delta College in Stockton, CA Accounting Instructor N/A Held a “Life Time Limited Services” teacher’s credential and taught for 6 years
N/A Basic Tax Preparation Instructor N/A Taught basic tax preparation classes for 15 years
Tax Court Expert Witness N/A Served as expert witness in tax court

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$50,000 Yearly Annual salary for 2023
Stock Awards$0 (None) N/A No stock awards issued in 2023
Director Compensation$2,500 (market value per quarter) Quarterly Common shares awarded quarterly for board service
Note Payable for Compensation$60,000 (compensation component), Total Note: $109,250, Paid: $5,750 Due Dec 31, 2023 Note bears 5% per annum interest, with part of the note payable ($5,750) paid in 2023
Consulting Agreement$12,500 per quarter (Total $50,000 for 2023) Quarterly Consulting expense for 2023; payments increase the note payable each quarter along with an additional $2,500 director compensation

Performance Compensation

Data from  FY 2023

No information available on performance compensation for 2023 [N/A]