The country’s leading quoted CBD wellness and medicinal cannabis group
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In accordance with Rule 2.6(c) of the Code, at the request of the Directors of Sativa, the Panel on Takeovers & Mergers (the “Panel”) has consented to an extension of the relevant deadline, until 5:00 p.m. on 3 June 2020 to enable the parties to complete the compilation…
Rules 8.1 and 8.2 of the Takeover Code
Sativa Group Plc [NEX: SATI], the UK’s leading quoted CBD wellness and medicinal cannabis Group, confirms that is has today entered into a letter of intent (“LOI”) with StillCanna, Inc, (“StillCanna”), regarding a possible offer for the Company.
StillCanna Inc. is a leader in cannabinoid extraction and agriculture, it is focused on the large-scale manufacturing of CBD in Europe and has built two high volume extraction facilities, positioning itself as a leader in the seed to CBD supply.
Goodbody Botanicals is aimed at the UK’s major grocers, high street pharmacies and retailers, as well as independent pharmacies throughout the country. The brand and packaging is seen as industry-leading by numerous retailers.
Goodbody Wellness focuses on the health and beauty markets. The brand sells products to specialty retailers as well as through three company-owned Goodbody Wellness stores.
Tessellate Collective sells CBD products through the direct marketing channel.
PhytoVista Laboratories is a leading UK testing laboratory for cannabis-based CBD products.
