QSAM Biosciences, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Notes Payable and Debentures (Details Narrative)

Notes Payable and Debentures (Details Narrative) - USD ($)			3 Months Ended		9 Months Ended
	Mar. 22, 2017	Mar. 15, 2016	Sep. 30, 2017	Mar. 31, 2017	Sep. 30, 2017	Sep. 30, 2016	Dec. 31, 2016	Jul. 15, 2016
Due date of debt instrument	Dec. 31, 2017
Exercise price of warrants			$ 0.50		$ 0.50
Discount original issue of discount			$ 22,232		$ 22,232		$ 126,217
Secured convertible debentures principal amount			165,000		165,000		165,000
Accrued interest	$ 15,000
Common stock price per share	$ 0.15
Payment for defaults	$ 30,000
Late penalty	$ 15,000
Debt conversion shares issued, value						$ 270,750
Bridge note embedded conversion feature			2,360,000		2,360,000
Convertible bridge notes, net			2,360,000		2,360,000
Income and (charge) to earnings			205,793		(419,484)
Bridge Offering [Member]
Bridge note embedded conversion feature			600,000		600,000
Bridge offering amount			23,756		$ 23,756
Original issuance discount percentage					50.00%
Three Directors and One Shareholder [Member]
Debt conversion shares issued, value				$ 168,152
Tranche [Member]
Convertible promissory note				$ 1,050,000
Note Payable [Member]
Loan payable			150,000		$ 150,000
Accrued interest			2,500		$ 2,500
Note Payable [Member] \| Accredited Investor [Member]
Due date of debt instrument		Jul. 15, 2016
Short-term debt, term		120 days
Debt face amount		$ 150,000
Short-term debt, interest rate		20.00%
Shares issued for loan issuance costs		100,000
Value of shares issued for loan issuance costs		$ 26,000
Loan issuance cost paid in cash		$ 3,000
Late penalty percentage								10.00%
Convertible Notes [Member]
Due date of debt instrument					Dec. 31, 2017
Short-term debt, term					36 months
Debt face amount			1,841,908		$ 1,841,908
Conversion valuation closing amount					5,000,000
Conversion valuation ceiling amount					12,000,000
Conversion valuation floor amount					6,000,000
Convertible bridge notes, net			$ 2,360,000		$ 2,360,000
Interest rate			15.00%		15.00%
Modification and Extension Agreement [Member] \| Senior Secured Convertible Debentures [Member]
Due date of debt instrument					Jul. 31, 2017
Discount original issue of discount			$ 20,750		$ 20,750
Secured convertible debentures principal amount			$ 165,000		$ 165,000		$ 165,000
Modification and Extension Agreement [Member] \| Senior Secured Convertible Debentures [Member] \| Maximum [Member]
Debt conversion price per share			$ 0.21		$ 0.21
Modification and Extension Agreement [Member] \| Senior Secured Convertible Debentures [Member] \| Minimum [Member]
Debt conversion price per share			$ 0.15		$ 0.15
Verbal Agreement [Member]
Exercise price of warrants						$ 0.50