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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: RULE 19.6(c) CONFIRMATION WITH RESPECT TO STATED POST-OFFER INTENTIONS WITH REGARD TO SATIVA GROUP PLC

Sativa Wellness Group Inc., formerly Stillcanna Inc., (the Company) announces that, further to the completion of its recommended share-for-share exchange offer for Sativa Group plc which was implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, and which became effective on 3 September 2020, the Company has duly confirmed in writing to the Panel on Takeovers And Mergers (“Panel”) in the UK in accordance with the requirements of Rule 19.6(c) of the City Code on Takeovers and Mergers (“Code”).

ANNOUNCEMENT: Sativa Wellness Group announces Director Option Grant

The Company announces that Marc Howells, Chief Executive Officer, has been awarded 1,447,173 options yesterday over 1,447,173 Common Shares of the Company (“Director Options”). The Director Options vest immediately, have an exercise price of 6.2 cents and are valid for 5 years.

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.