Back to all announcements

DJ Sativa Group PLC Launch of cannabinoid CBG hand cleanser

TIDMSATI

RNS Number : 4972G

Sativa Group PLC

17 March 2020

 
 Press Release   17 March 2020 
 

Sativa Group Plc

("Sativa" or "the Company")

Launch of cannabinoid cannabigerol (CBG) hand cleanser

Sativa Group Plc [NEX: SATI], the UK's leading quoted CBD wellness and medicinal cannabis Group, has commenced production of a cannabigerol (CBG) and alcohol-based hand cleanser in response to the increased need for hand sanitation as a result of Covid-19.

Existing research and commercially available products show evidence that CBG is an effective antibacterial agent and is also believed to be effective in combatting MRSA, one of the most common hospital superbugs. As the Company continues its research, other formats may become available as we work with our supply chain to source all necessary raw materials. The hand cleanser is expected to be available for sale in approximately ten days, subject to the Company receiving packaging and labelling as planned.

George Thomas, Managing Director of Sativa subsidiary Goodbody Botanicals, said: "CBG has already proven itself as impactful in terms of combatting germs and, when coupled with alcohol, makes it an ideal hand cleanser. We are pleased to be able to supply what, we hope, will be a tool in combatting the spread of this virus."

"The UK and the world is facing a health crisis and at Sativa, while we are continuing focus on making the highest quality products and building the UK's leading CBD Wellness brands, we have prioritized new product development to help people in this period", said Henry Lees-Buckley, CEO of the Sativa Group.

   -     Ends - 

Media enquiries.

 
 Abchurch Communications   julian.bosdet@abchurch-group.com 
  Julian Bosdet             www.abchurch-group.com 
  +44 (0)207 4594 4070 
  +44 (0) 7771 663 886 
 

For further information please contact:

 
 Henry Lees-Buckley               Joseph Colliver 
  Chief Executive Officer          Chief Financial Officer 
  Sativa Group Plc                 Sativa Group Plc 
  +44 (0) 20 7971 1255             +44 (0) 20 7971 1255 
 
  enquiries@sativagroup.co.uk      enquiries@sativagroup.co.uk 
  www.sativagroup.co.uk            www.sativagroup.co.uk 
 NEX Exchange Corporate Adviser 
 
  Corporate Finance                 Equity Sales 
  Stephen Keys / Max Gould          Julian Morse 
  Cenkos Securities plc             Cenkos Securities 
  +44 (0) 20 7397 8900              +44 (0) 20 7397 8900 
                                 ----------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

NRAMZGMFKNKGGZM

(END) Dow Jones Newswires

March 17, 2020 11:19 ET (15:19 GMT)