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Sativa Wellness Group mark 'tremendous improvement' with record third quarter

Sativa Wellness Group mark 'tremendous improvement' with record third quarter

Sativa Wellness Group Inc (AQSE:SWEL, CSE:SWEL, OTC:SCNNF) Marc Howells joins Proactive London to talk about their third quarter - another profitable one, with underlying earnings (EBITDA) clocking in at £268,000.

This represented an improvement on the preceding quarter’s EBITDA of £82,000 and a turnaround from an underlying loss of £595,000 in the same quarter of 2020.

He says they have exceeded all targets by diversifying within the Health and Wellness sector by offering wellness testing through a network of Goodbody clinics. Currently, Sativa has more than 80 clinics in operation and it is rolling out a range of additional tests to supplement its COVID testing.