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

Quarterly report pursuant to Section 13 or 15(d)

Common Stock, Preferred Stock and Warrants (Details Narrative)

Common Stock, Preferred Stock and Warrants (Details Narrative) - USD ($)					1 Months Ended	3 Months Ended		12 Months Ended
	Feb. 28, 2021	Dec. 31, 2020	Dec. 30, 2020	Dec. 03, 2020	Jan. 31, 2021	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Dec. 29, 2020	Dec. 31, 2018
Number shares issued during period						6,627,692
Debt conversion original value						$ 3,633,983
Conversion price per share						$ 0.22
Description of reverse stock spilt						The Company also effected a 25:1 reverse stock split
Shares issued for service compensation						200,000
Shares issued for service compensation, value						$ 50,000
Preferred stock, shares issued		600				480		600
Preferred stock, shares outstanding		600				480		600
Convertible preferred stock conversion price per share						$ 0.16
Preferred stock dividend percentage						6.00%
Preferred stock liquidation preference equal to aggregate purchase price plus accrued dividends						$ 480,000
Convertible preferred stock consent percentage						67.00%
Redemption term						2 years
Debt conversion into shares						534,815
Expected dividend yield rate						0.00%
Expected volatility rate						149.67%
Number of warrants										6,000
Exercise price of warrants										$ 1.00
Average remaining term in years										5 years
Several Service Agreement [Member]
Compensation expense						$ 652,392	$ 42,648
Services Agreement [Member]
Number of warrants										6,000
Exercise price of warrants										$ 1.00
Average remaining term in years										5 years
Series A Preferred Stock [Member]
Conversion of stock value						$ 120,000
Series B Convertible Preferred Stock [Member]
Debt conversion, value					$ 2,500,000
Debt conversion original value					$ 156,000
Preferred stock, shares issued						2,500
Preferred stock, shares outstanding						2,500
Convertible preferred stock conversion price per share					$ 1,000				$ 0.16
Preferred stock dividend percentage		10.00%
Preferred stock liquidation preference equal to aggregate purchase price plus accrued dividends									$ 1,000
Preferred stock, par value		$ 0.001						$ 0.001
Series B Convertible Preferred Stock [Member] \| Maximum [Member]
Number of issuance of authorized shares		2,500						2,500
Series E-1 Preferred Stock [Member]
Preferred stock, par value		$ 0.0001				$ 0.0001		$ 0.0001
Common stock earnout				8,500,000
Fair value of vested in period				$ 6,528,000
Expected term				4 years
Expected dividend yield rate				0.00%		0.00%
Expected volatility rate				96.12%		96.12%
Expected risk-free rate				27.00%		27.00%
Series E-1 Preferred Stock [Member] \| Five Individuals [Member]
Debt conversion, value						$ 2,386,223
Number shares issued during period	850		7,650
Debt conversion into shares						8,500,000
Series E-1 Preferred Stock [Member] \| Maximum [Member]
Number of issuance of authorized shares				8,500
Debenture [Member]
Debt face amount						$ 125,007
Accrued interest						1,447,315
Debt conversion, value						1,572,315
Dividend						542,500
Bridge Notes [Member]
Debt conversion, value						4,378,488
Debt conversion original value						$ 1,447,315	$ 2,928,679
Debt conversion into shares						6,627,692
Common Stock [Member]
Conversion price per share						$ 0.16
Debt conversion into shares								13,312,175
Common Stock [Member] \| Unrelated Parties [Member]
Debt conversion, value						$ 390,068
Common Stock [Member] \| Bridge Notes [Member]
Debt conversion, value						$ 744,505
Warrant [Member]
Number of warrants						6,743,575
Warrant [Member] \| Service Provider [Member]
Number of warrants						750,000
Warrant [Member] \| Services Agreement [Member]
Expected term						6 months
Expected dividend yield rate						0.00%
Expected volatility rate						129.81%
Expected risk-free rate						0.08%
Vested shares issued						750,000
Exercise price						$ 0.22
Exercise period						6 months
Fair value of vested shares						$ 404,000
Warrant [Member] \| Series B Convertible Preferred Stock [Member] \| Officers and Directors [Member]
Debt conversion original value					$ 23,000