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Sativa Group PLC - Another Record Month of Revenues

RNS Number : 7985V
Sativa Group PLC
11 August 2020
 

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. FOR IMMEDIATE RELEASE

Sativa Group Plc
("Sativa" or the "Company" or the "Group")

Another Record Month

11 August 2020

Sativa Group Plc [AQSE: SATI], the UK's leading quoted CBD wellness and medicinal cannabis company, has recorded a record month of revenues for the Group in July.

We are pleased to announce that our strong group sales momentum continues with another record-breaking month of sales for the month of July. There continues to be very strong demand for our Goodbody sanitiser range which is sold to both consumers and custom branded for corporate clients.

We continue to develop our core CBD offer, with the launch of our newly combined Goodbody website "goodbodystore.com" which features both our Wellness and Botanicals ranges has gone extremely well. This site provides the platform for product line expansion and focused efforts to drive sales growth. The new Goodbody Wellness line featuring CBD with vitamin D is being received very well by both consumers and retailers.

Henry Lees-Buckley, Chief Executive Officer of Sativa, said: "We are delighted to see the continued sales momentum. We are working aggressively to build out both the platform online and expand the product range to anticipate and satisfy consumer demand. Our focus on regulatory compliance holds steadfast and we are actively engaged in the FSA Novel Foods accreditation process. Our combination with StillCanna Inc is on track and is expected close in early to mid-September. This creates a true "Seed to consumer CBD company".

The Directors of the Company accept responsibility for the contents of this announcement.

Henry Lees-Buckley
Chief Executive Officer
Sativa Group Plc
+44 (0) 20 7971 1255
[email protected]
www.sativagroup.co.uk

Joseph Colliver
Chief Financial Officer
Sativa Group Plc
+44 (0) 20 7971 1255
[email protected]
www.sativagroup.co.uk

AQSE Growth Market Corporate Adviser

Corporate Finance 
Guy Miller/Allie Feuerlein
Peterhouse Capital Limited
+44 (0) 20 7220 9795

 


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Quick facts: Sativa Wellnesss Group Inc

Price: 2.35

Market: AQSE
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