Sativa Wellness Group Inc (LON:SWEL)(CNSX:SWEL) said its coronavirus (COVID-19) testing business has achieved over £1.1mln worth of bookings in less than four months since opening its first clinic in Bath, UK.
The Aquis-listed firm said since opening the Bath clinic, it has opened a second company-owned facility as well as 13 in-pharmacy clinics in locations including Plymouth, Billericay, Bournemouth, Milton Keynes and Watford.
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Sativa also said it now has two mobile clinics that have brought its portfolio to a total of 17 operational clinics throughout the UK, in line with its target to have 30 clinics by the end of April.
The group added that recent UK government plans to ease COVID-19 lockdown restrictions, and the restarting of international travel in May, are expected to have a “significant positive effect” on the clinic business with growth during lockdown predicted to “dramatically increase” as restrictions are removed.
"The clinic business has demonstrated growth even during lockdown creating a significant cash generating opportunity. As the restrictions lift in line with the government roadmap, this growth is expected to increase dramatically," Sativa executive chairman Geremy Thomas said in a statement.