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Sativa Wellness Group Announces Appointment of Arden Partners as New Advisors

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Sativa Wellness Group has announced the appointment of Arden Partners Plc as its new AQSE Corporate Adviser and Broker. Executive Chairman Geremy Thomas expressed optimism, stating this partnership aims to enhance the company's position in the health and wellness market and reflect its value and performance more accurately in the share price. The company has previously noted a disparity between its share price and its underlying value.

Positive
  • Appointment of Arden Partners could enhance market positioning.
  • Potential to reflect company's value and performance more accurately.
Negative
  • Concerns about continuity and experience gaps with the new advisory team.

VANCOUVER, BC / ACCESSWIRE / November 30, 2021 / Sativa Wellness Group Inc. (CSE:SWEL) ("Sativa Wellness" or the "Company") announced today that Sativa Wellness Group Inc., (the Company), has appointed Arden Partners Plc ("Arden") as the Company's AQSE Corporate Adviser and Broker.

Geremy Thomas, Executive Chairman, said: "The appointment of Arden will further enable Sativa to achieve its significant aspirations in the health and wellness market. On previous announcements we have highlighted how we believe our share price has not reflected the value and performance of the Company, we believe Arden will help us position the Goodbody brand and value effectively."

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

On behalf of the Board of Directors,

Marc Howells
Chief Executive Officer
Sativa Wellness Group Inc.
+44 (0) 20 7971 1255
enquiries@sativawellnessgroup.com
www.sativawellnessgroup.com
Anne Tew
Chief Financial Officer
Sativa Wellness Group Inc.
+44 (0) 20 7971 1255
enquiries@sativawellnessgroup.com
www.sativawellnessgroup.com

Neither the Canadian Securities Exchange nor its Market Regulator (as defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release. This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of Sativa's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes" "plan is" or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur", "will be achieved" or "shortly".

Although Sativa believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this news release are made as of the date of this press release, and Sativa does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

SOURCE: Sativa Wellness Group Inc.



View source version on accesswire.com:
https://www.accesswire.com/675225/Sativa-Wellness-Group-Announces-Appointment-of-Arden-Partners-as-New-Advisors

FAQ

Who has Sativa Wellness Group appointed as their new corporate adviser?

Sativa Wellness Group has appointed Arden Partners Plc as their new AQSE Corporate Adviser and Broker.

What are the expectations from the appointment of Arden Partners by Sativa Wellness?

The appointment is expected to improve Sativa's market positioning and more accurately reflect the company's value and performance.

What was stated about Sativa Wellness's share price in the press release?

The company highlighted that its share price has not reflected its value and performance adequately.

Who expressed the optimism regarding the new partnership at Sativa Wellness?

Geremy Thomas, the Executive Chairman of Sativa Wellness Group, expressed optimism regarding the partnership with Arden Partners.

What might be a concern related to the new advisory team's experience?

There may be concerns about continuity and experience gaps with the new advisory team provided by Arden Partners.

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