07:00 Tue 24 Nov 2020
Sativa Wellness - EU courts clear the way for CBD in Europe

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Sativa Wellness Group Inc.
("Sativa Wellness" or the "Company")
EU courts clear the way for CBD in
The European Court of Justice ("ECJ") ruling provides that CBD is not classified as a narcotic drug, and that the French ban on hemp derived CBD contradicts European Union ("EU") law. This decision opens the door for high quality, compliant CBD companies to operate in markets across the EU. Sativa Wellness welcomes this news as the Company operates CBD extraction and production facilities and markets, distributes and sells CBD products throughout the
The Group have embraced the industry regulations in the
Sativa Wellness holds a unique 'seed to consumer' position in the market, offering consistent quality control of the cannabinoid, full traceability of ingredients, manufacturing and testing with the added reassurance to the customer that each batch is QR coded which tracks back to its testing report.
From this enviable position the Company has developed the 'Goodbody' brand - CBD you can trust. Under the Goodbody brand umbrella are the Goodbody Botanicals range for the everyday and pharmaceutical markets and the Goodbody Wellness brand, with its addition of Vitamin D, as a premium CBD brand for the health and beauty spa market.
The Goodbody range is available at retailers and direct to the consumer online through Goodbodystore.com and soon available in
"We welcome the news of the EU's highest court ruling. As a
The directors of the Company accept responsibility for the contents of this announcement.
On behalf of the Board of Directors,
Chief Executive Officer
Sativa Group Plc
+44 (0) 20 7971 1255
enquiries@sativagroup.co.uk
www.sativagroup.co.uk
Chief Financial Officer
Sativa Group Plc
+44 (0) 20 7971 1255
enquiries@sativagroup.co.uk
www.sativagroup.co.uk
Investor Relations and Communications
Sativa Wellness Group Inc. (formerly Stillcanna Inc.)
jason@sativawellnessgroup.com
www.sativawellnessgroup.com
AQSE Growth Market Corporate Advisor
Corporate Finance
Peterhouse Capital Limited
+44 (0) 20 7220 9795
gm@peterhousecap.com
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