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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies (Details Narrative)

v3.20.2

Commitments and Contingencies (Details Narrative) - USD ($)	1 Months Ended		9 Months Ended	12 Months Ended
	May 31, 2019	Apr. 30, 2017	Sep. 30, 2020	Dec. 31, 2019	Dec. 31, 2018
Exercise price per share			$ 12.50
Agrarian Technologies LLC [Member]
license fee			$ 37,500
Employment Agreement [Member] \| CEO [Member]
Base salary		$ 350,000
Employment Agreement [Member] \| President and General Counsel [Member]
Base salary		220,000
Services Agreement [Member]
Number of warrants					6,000
Average remaining term in years					5 years
Exercise price per share					$ 1.00
License Agreement [Member]
license fee	$ 30,000		37,500	$ 15,000
License Agreement [Member] \| QSAM Therapeutics Inc [Member]
license fee			60,000
Payments for milestone		60,000
Other expense reimbursements		$ 150,000	60,000
Equity method investment ownership percentage		5.00%
Royalty percentage		4.50%
Total cost,involved in connection with license			120,000
License Agreement [Member] \| QSAM Therapeutics Inc [Member] \| Drug Development Costs Paid to Service Providers [Member]
Total cost,involved in connection with license			$ 86,943
License Agreement [Member] \| QSAM Therapeutics Inc [Member] \| Maximum [Member]
Royalty percentage		50.00%

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