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Medical technology & services

Record week for Sativa sees jump in revenue 

The excellent performance can be linked to a rise in testing amidst the rapidly spreading new Covid variant, Omicron

Sativa Wellness Group Inc (AQSE:SWEL, CSE:SWEL, OTC:SCNNF) told investors that it had a record week for bookings last week, exceeding £13.8mln revenue in the eleven months to the end of November.

The CBD wellness company said that several days exceeded previous records, with there now being over 140 clinics in the Goodbody network.

The Goodbody network is a group of subsidiary clinics, including Superdrug sites, that offer private Covid-19 and blood-testing.

Sative chair Geremy Thomas said the excellent week was linked to the increase in PCR testing for Covid-19, as the Omicron variant continues to spread across the country.

"We are pleased to be able to support the return of PCR testing as the gold standard of COVID detection and trust that this in combination with vaccinations will control this new variant of the virus.”

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