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Sativa inks deal to distribute Goodbody Botanicals range to UK pharmacies

The deal with wholesaler Alliance Healthcare will provide access to over 10,000 high street retailer customers

Sativa Group PLC - Sativa inks deal to distribute Goodbody range to UK pharmacies

Sativa Group PLC (LON:SATI) has signed a deal to distribute its Goodbody Botanicals range of cannabidiol (CBD) products to pharmacies across the UK.

The deal with pharmaceutical, medical and healthcare product distributor Alliance Healthcare will provide access to over 10,000 high street retailer customers, Sativa said, adding that Alliance’s syndicated pharmacy salesforce, Skills in healthcare, had also been contracted to sell the Goodbody Botanicals range to 1,500 top performing independent pharmacy customers.

READ: Sativa raises £1.38mln to fund next stage of development

"The Alliance distribution agreement is a significant step in Sativa's Goodbody Botanicals CBD Wellness brand's objective to grow market share with high street pharmacies, grocers, and superstores", said Sativa chief executive Henry Lees-Buckley.

Sativa’s shares were trading at around 4p on the NEX Exchange in early deals on Friday.

Quick facts: Sativa Group PLC

Price: 3.88 GBX

NEX:SATI
Market: NEX
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