Sativa Wellness Group Announces the Opening of Its 40th Clinic and Listing on the UK Patient Access

Rhea-AI Summary

Sativa Wellness Group announces the opening of its 40th clinic and a new listing on Patient Access, which serves 12 million users. The company reports strong demand for services, particularly from travelers to 'Amber List' countries, and has introduced COVID-19 blood testing in some clinics. Executive Chairman Geremy Thomas highlights robust Q2 revenues, attributing success to ongoing demand for PCR and blood testing amid travel restrictions. The company's innovative services are expected to continue attracting customers in a changing travel landscape.

Positive

• Opening of the 40th clinic enhances service accessibility.
• Expected listing on Patient Access may significantly increase customer base.
• Strong Q2 revenues indicate continued business growth.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / June 22, 2021 / Sativa Wellness Group Inc. (CSE:SWEL)(OTC PINK:SCNNF) ("Sativa Wellness" or the "Company") is pleased to announce that today the Company will open its 40^th clinic, and that it is also expected to list through Patient Access. Travel restrictions in the United Kingdom keep revenues flowing into the Company through the clinic network, as the clinics service the high level of demand for business travellers going to 'Amber List' countries. Sativa has also introduced blood testing for COVID-19 immune response through some of the clinics. The listing approval on Patient Access, a National Health Service numbering 12 million registered users, is expected to boost customer numbers even further.

Geremy Thomas, Executive Chairman, says: "Q2 revenues are very strong. Sativa has much to look forward to as restricted international travel remains reliant on PCR testing and blood testing for vaccine validation comes on stream."

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'. The forward-looking information and forward-looking statements contained herein include, but are not limited to information concerning the Patient Access boosting customer numbers, that future revenues are contingent on government policy related to the COVID-19 pandemic and that Sativa has a lot to look forward to as restricted international travel remains reliant on PCR testing.

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 include but are not limited to information concerning the Patient Access boosting customer numbers and restricted international travel remaining reliant on PCR testing and other tests will come on stream. 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/652586/Sativa-Wellness-Group-Announces-the-Opening-of-Its-40th-Clinic-and-Listing-on-the-UK-Patient-Access

FAQ

What is the significance of Sativa Wellness Group's 40th clinic opening?

The opening of Sativa Wellness Group's 40th clinic expands its reach and service availability, catering to increasing demand from travelers.

How will the listing on Patient Access affect Sativa Wellness Group?

The listing on Patient Access is expected to boost customer numbers significantly due to access to a large user base.

What are the current revenue trends for Sativa Wellness Group?

Sativa Wellness Group reports strong Q2 revenues, driven by demand for COVID-19 testing services amidst ongoing travel restrictions.

What services are being introduced at Sativa Wellness Group clinics?

Sativa Wellness Group is introducing blood testing for COVID-19 immune response at some clinics, enhancing its service offerings.