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Sativa Wellness Group announces record day for tests

Sativa Wellness Group Inc. is pleased to announce today that Monday this week saw the highest number of tests booked in a day exceeding 850 tests and £100,000 (C$180,000) of revenue. While the majority of tests are still COVID-19 tests for travellers, the proportion of blood tests being booked is growing consistently. The demand for PCR tests requested by the governments of the 220 countries outside the UK is expected to continue into next year and the blood testing part of the business will have time to fully develop during this period as more clinics come online and the range of tests expands.

Geremy Thomas, Executive Chairman, says; “The 850 Customers received excellent treatment at the hands of our amazing staff and pharmacy partners as demonstrated by our ratings and reviews. Our order books are full and we are enabling more and more pharmacies as fast as we can to help families looking forward to their ‘half-term’ holiday.”

https://sativawellnessgroup.com/uncategorized/announcement-sativa-wellness-group-announces-record-day-for-tests/

In addition to that, there were some more information within the newsletter:

"Today we have reported to the market a record days performance on Monday this week.
We conducted over 850 tests across our 72 clinics and billed over £100,000.00 in one day!

This follows on from the recently announced online GP service which means we can now offer a more comprehensive service to our customers. We are getting very positive feedback and will continue to expand the services we offer to meet our customer requirements.

The team have been at the pharmacy show at the NEC in Birmingham this week and our short term target of 100 clinics would appear to be in sight."

Official news maybe at 1pm. :D

I have already placed all the ideas with Anne Tew.

I have also already passed on your query about Hargreaves Lonsdown. If they will make any progress on that, I would share it.

My wish would be that Sativa publishes one or two news per week until the Q3 financials, and then Q3 financials crowns the whole thing. ;D

I think there will first be news about the clinic network and the blood tests. After that I would like to see something with government partnerships (maybe also for Phytovista Labs as exclusive partner for testing all CBD products on the market). Or maybe partnerships with diabetes UK, British liver trust, prostate cancer UK,....

I would even find Teledermatology the most interesting for the Goodbody clinics. But that is currently dreaming.

Just like a possible CBD sales cooperation with Superdrug or Co-Op. This could be possible through the cooperation with "TheGPService". But thats also just speculation.

Who knows. With a lot of imagination, many things are possible based on the latest news. :D

@alarno
i already talked to Anne Tew (CFO Sativa) to improve the tradability in UK by adding Hargreaves Lonsdown. Now answer until now. I will ask her again.

From my perspective next news is coming out really soon. Something about clinic network expension and/or blood test rollout to several locations. What's your guess?

By the way, I'm always sharing the news on some reddit groups (r/pennystocks, r/canadapennnystocks, r/UKpennystocks). maybe someone can upvote them just get some more eyes on the news. :D

The last two days Goodbody clinics took part at "The Pharmacy Show" in Birmingham.

"The Pharmacy Show is the largest sourcing and networking event for pharmacy professionals in the UK. It is packed with features and learning opportunities designed to upskill the profession with the tools required to survive and thrive during these changing times. It offers 150 educational sessions, across 8 theatres with more than 200 expert speakers. Attracting over 9,200 professionals across two days, it is the perfect opportunity to connect with thousands of pharmacy owners, wholesalers, buyers, distributors and decision-makers, in a dedicated trade environment...."

Goodbody clinics made a post on Instagram where they mentioned a "really busy time at the Pharmacy Show" and ".. talking to pharmacy owner and medical practitioners about ... Goodbody offering of COVID-19 travel testing, Wellness Blood testing and CBD products."

"SATIVA WELLNESS GROUP: TURNAROUND STOCK STANDS ON STRONG LEGS
Sativa Wellness Group is more active in the field of self-therapy and wellness. The Company is built on the three pillars of cannabidiol (CBD), laboratory services related to the active ingredient from the hemp plant, and other wellness products. Studies by the Brightfield Group state that the British market for CBD products can grow at double-digit rates in the coming years. Since Sativa Wellness is already positioned in the market and scores with good quality at fair prices, the Company could secure a share of this market.

The latest figures also show that Sativa Wellness is well received by customers. The first quarter was the best in terms of sales. In the second quarter, the Company even went one better and scored with a positive cash flow. This cash flow is intended to enable the Company to seize inorganic growth opportunities in the future. Most recently, Sativa Wellness announced plans to offer telemedicine consulting services through its wellness division. This area could also be promising given the growing awareness of health. The stock has been trading sideways for months, eking out an existence as a penny stock. However, speculative investors should put the stock on the watch list given the encouraging figures and the expansion into new business areas."

https://news.financial/comments/morphosys-sativa-wellness-group-curevac-healthcare-investments-of-tomorrow

I tottally agree. From my perspective, end of the year revenue should be round about 12,5-15mio pounds. And if it is going right, there should be an year ending profit at all. :D

Directors Talk Interview
https://www.***************************/sativa-wellness-group-expansion-to-continue-interview/4121028208

News:
https://www.accesswire.com/666303/Sativa-Wellness-Group-Announces-Telemedicine-Consultation-Service

Interview:
https://www.youtube.com/watch?v=jvj_iEOg1OY

KeyFacts:
- blood test running
- short-term 100 locations
- mid-term 1.000 locations
- telemedicine

And why should they add information about those blood tests in the shareholder newsletter if the pilot isn't working well at the three test locations.

Way undervalued.

Just my personal opinion. No financial advise.

Check out the partners of "TheGPService" and think about possible potentials for Sativa. Co-Op & Superdrug

https://thegpservice.co.uk/enterprise-sale/

https://www.investegate.co.uk/sativa-wellness--swel-/rns/online-gp-service/202110140929220844P/

In addition to that, there have been some additional information within the Shareholders Newsletter if you have subscribed it on the sativawellnessgroup.com website.

"Today we announce the opening of our 70th clinic and an exciting addition to our wellness testing services. Our Goodbodyclinic.com site gives access to our PCR and Lateral flow COVID testing services as well as a range of blood tests for general wellness.

Today’s announcement confirms our partnership with an online GP service that will allow customers receiving their test results to access an immediate consultation with a doctor.

We believe this will be a big step forward for Goodbody and underlines our presence in the Telemedicine business.

Our third quarter financial results will be published soon and these will confirm the truly stunning turnaround we have achieved."

Today Sativa shared another post on daily business. It seems that the focus is now also increasingly on cleaning up the old partly bad corporate history left behind by Stillcanna.

https://www.linkedin.com/posts/sativa-wellness-group_sativawellnessgroup-goodbody-health-activity-6854087783712219136-qW7g

I'm not sure if I posted some time ago the test run for the offer of a variety of blood tests at the Locations in bath, Bristol and Sc unthorpe.

Today I saw that there is another additional offer. Apparently, Goodbody Clinics also offers telemedicine in connection with the blood tests. There, the blood result can be discussed with a "General Practitioner". For £39.99.

https://www.goodbodyclinic.com/gp-consultation-service

It's getting more and more interesting. Number of clinics is increasing. Let's hope that the pilot test run for blood testing is successful and can be rollout to as much clinic locations as possible (current count: 70).

Some hours ago, Sativa posted pictures from a visit at the polish growing and extraction area.

https://www.linkedin.com/posts/sativa-wellness-group_sativawellnessgroup-health-wellness-activity-6853367082185322496-Y6Xh

I just saw that Sc unthhorpe is one of two testing vehicles. So this is also own by Sativa.

Hi MPBUK,

his is what I took away from the conversation with Sativa. Only the Goodbody Wellness stores in Bath and Bristol are owned by Sativa.

All other locations are pharmacies with which Sativa cooperates to distribute Covidtest. The pharmacies and their staff are responsible for conducting the tests. The pharmacies are only paid for the tests they perform. Everything that has to be provided administratively for the process is done by Sativa as a service.

In addition to that, Sativa just started a pilot project to test the acceptability of blood tests. This currently takes place in Bath, Bristol and S****horpe.

In an open, personal communication with Anne Tew (CFO & Head of Comm) - within the given regulations - I had asked if there were any direct costs at the Covid test locations. The first answer was - NO. When asked about this, it meant personnel costs, which do not occur because the personnel are paid by the respective pharmacy. In addition, the pharmacy only receives money if it actually carries out tests - in other words, a fee.

Now I have asked myself what the costs for the expansion of the clinic network and its development shown in the Q2 figures are based on.

On enquiry, I received the following points, which complete the picture and thus make it clearer:

- Management of all Costumer Service requests for the entire clinic network
- Establishment of the corresponding test areas in the locations
- Ongoing support including the provision of PPE for each clinic
- communication with all laboratories
- ....

Conclusion: The sites themselves do not incur direct costs, only the administrative operation of the network.

Translated with www.DeepL.com/Translator (free version)

I created an overview to have a detailed view on changes.

Count 06.10.2021: 70 (+6)
Count 29.09.2021: 64

New locations (Popu.):

East UK - Ely (20k)
East UK - Huntingdon (19.8k)
East UK - Royston (15.7k)
Midlands & North - Northampton (214k)
Midlands & North - S****horpe (82k)
Southwest - Axminster (5.7k)

This means that Sativa could now reach around 10 million citizens with its network. This reflects about 17% of the total population of England and Wales.

He guys,

here is another interview with Geremy Thomas. Another nice read. It's again showing that SWEL is way undervalued.
https://techround.co.uk/interviews/interview-with-geremy-thomas-goodbody-botanicals/