We are pleased to announce that the board of directors have resolved to change the Company’s fiscal year end from July 31 to December 31, effective immediately.

By moving the Company’s reporting cycle to a calendar quarter basis in line with the operating subsidiaries of the Company, Sativa Wellness aims to reduce the time constraints and administrative expenses with having to reconcile multiple reporting periods among other related corporations.

In accordance with Rule 2.9 of the City Code on Takeovers and Mergers, the Company confirms that, as at the close of business on 30 September 2020, being the last business day prior to the date of this announcement, it had 302,592,941 common shares of no par value each in issue and admitted to trading on the AQSE Growth Market. Sativa Wellness holds no common shares in treasury…