Press Releases

Our history

The Sativa Group PLC and Stillcanna Inc merged to create Sativa Wellness Group Inc., a company whose overall CBD and wellness opportunities in Europe should be unrivalled. The history of the companies prior to the merger can be given if you contact [email protected]. All news and announcements given on this website are running up to the merger and since the merger to create the Sativa Wellness Group Inc.

Latest Updates

ANNOUNCEMENT: Sativa Wellness Group Total Voting Rights

The Company announces that in accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules (the “Disclosure and Transparency Rules”), the total number of common shares of nil par value in the capital of the Company in issue as at the date of this notice is 364,615,913 with each share carrying the right to one vote.

ANNOUNCEMENT: Sativa Wellness Group Announces filing of Q1 2021 Financial Statements

Sativa Wellness Group Inc. is pleased to announce that it has filed the Financial Statements and Management’s Discussion and Analysis for Q1 March 2021. All amounts unless stated otherwise are presented in British Pounds (GBP).

The Company has maintained its presence within the CBD sector producing both quality isolate and distillate in Poland for the CBD market as well as continuing to produce a range of quality end products through its ‘Goodbody’ brand in the UK.

ANNOUNCEMENT: Sativa Wellness Group Inc. Announces Closing of Second and Final Tranche of $4.6 Million Private Placement

Sativa Wellness Group is pleased to announce, further to its news releases dated February 24, 2021 and April 8, 2021, it has closed the second and final tranche of the Company’s non-brokered private placement (the “Offering”) of units (the “Units”). Together with the first tranche closing of the Offering announced by the Company on April 8, 2021, the Company issued an aggregate 58,590,287 Units at a price of $0.07875 per Unit, for aggregate gross proceeds of $4,613,985.10.

Sativa Wellness Group Announces the Publication of its Financial Statements

Sativa Wellness is pleased to announce the publication of it Financial Statements and Management, Discussion and Analysis report for year ended December 31, 2020. The key highlights of 2020 can be summarised as follows:
2020 Financial Results

The turnover for 2020 was £1,994K (C$3,478K) which was a 38% increase on the previous year (£1,449K) and the gross profit margin at 56% was a 4% increase on the 52% of the previous year. This, in the year of a pandemic, was a great success.

ANNOUNCEMENT: Sativa Wellness Group Announces Key Board Appointments

Sativa Wellness is pleased to announce the appointment of Marc Howells as Director and Chief Executive Officer and Anne Tew as Director and Chief Financial Officer of the Company.
The Company wishes to thank both Geremy Thomas for his role as the interim CEO and Joseph Colliver as CFO for their contribution. Geremy Thomas will continue in his role as Executive Chairman.
Marc Howells has been appointed as a Director and CEO effective April 23, 2021 to deliver the Company’s strategy to become one of the best-known wellness brands.

ANNOUNCEMENT: Sativa Wellness Groups Laboratory achieves ISO17025 Accreditation

Sativa Wellness Group is pleased to announce that the Company’s subsidiary PhytoVista Laboratories has been granted accreditation to ISO/IEC 17025:2017, General requirements for the competence of testing and calibration laboratories.

Accreditation for the testing of cannabinoids has been granted by United Kingdom Accreditation Service (UKAS), the UK governments appointed National Accreditation Body. The accreditation process determines the technical competence and integrity of organisations such as those offering testing services.

ANNOUNCEMENT: PDMR Director Disclosure

Sativa Wellness Group announces that as part of the recent closure of the first tranche of its non-brokered private placement of units of the Company (each, a “Unit”) previously announced on April 9, 2021 (the “Placement”) Clive Standish, one of the board of directors took part.

ANNOUNCEMENT: Closing of First Tranche of $4.5 Million Private Placement

Sativa Wellness Group is pleased to announce that it has closed the first tranche of its non-brokered private placement of units of the Company (each, a “Unit”) previously announced on February 24, 2021 (the “Offering”). In this closing, the Company issued an aggregate of 45,888,730 Units at a price of C$0.07875 per Unit for aggregate gross proceeds of C$3,613,737.49.

ANNOUNCEMENT: New Test for Travellers

Sativa Wellness Group is pleased to announce that it is now listed on the UK government website to offer 2 and 8 day quarantine tests (the “Return Tests”) for travellers returning to the UK.

ANNOUNCEMENT: Million Pound Testing Milestone

Sativa Wellness Group is pleased to announce that its COVID testing clinic business has achieved in excess of £1,100,000 of bookings (CAD$2,000,000) of bookings. This milestone has been achieved in less than 4 months from the first clinic being opened in Bath, UK.

ANNOUNCEMENT: Sativa’s CBD Therapeutics Business Achieves the Highest Food Safety Standards

Sativa Wellness is pleased to announce that its Polish extraction facility has secured accreditation of its Hazard Analysis and Critical Control Point (“HACCP”) system from global quality and certification company LL-C Group, and confirmation that its operations meet the requirements of Good Manufacturing Practice (“GMP”) and Good Hygiene Practice (“GHP”) standards for food manufacturing.